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Norfolk 02067
8 Cedrus Rd
$476,000
● House - Off Market

8 Cedrus Rd

Sharon, MA 02067
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$446,749
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

**Move right in to this TURNKEY home in this quiet dead end neighborhood!  This home offers a beautifully UPDATED kitchen with quartz countertops and HARDWOOD floors throughout the open living space.  Enjoy 2 comfortably sized bedrooms and updated bathroom.  The attic has plenty of headroom to finish out or dormer for potential added square footage.  The oil tank was recently replaced.  Full size basement with bulkhead for added storage.  PASSED Title V is in hand.  Amazingly convenient COMMUTING location on the Walpole line close to grocery, shopping, and restaurants.  Minutes to Route 1, 95 and 495.  Easy to show.    Don't miss this opportunity! **Offers due Wednesday, 7/12 by 3pm**
Unit Size
792 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$568
Property Type
House
Property Taxes
$646
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73133218)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 13, 2023 In contract -
In contract
Jul 7, 2023 Listed by RE/MAX Vision $450,000
Listed by RE/MAX Vision
Jun 20, 2023 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 792
  • Gross Building Area: 2,376
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sharon School District
  • School Tax School District: SHARON SD
  • Census Tract: 414100

Geography

  • Account Number: 840
  • District: 266
  • Parcel: SHAR M:130 B:012 L:000
  • Block: 12
  • Municipality: SHARON
  • Latitude: 42.1451
  • Longitude: -71.2008

    Address

  • Full Address: 8 Cedrus Rd
  • Address - House Number: 8
  • Address - Street Name: Cedrus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Sharon
  • Carrier Code: C009
  • 4-Digit Zip Code: 1010
  • Zip Code: 02067

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $790,200

    Appraisal Valuation

  • Standard Deviation: 0.1773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 479,384
  • High Value: 564,394
  • Low Value: 394,375

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,500
  • Assessed Land Value: $320,800
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53122
  • Previous Sale Recording Date: Jun 20, 2023
  • Previous Sale Contract Date: May 30, 2023
  • Previous Sale Amount: $331,100
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73133218

Frequently Asked Questions

When was property at 8 Cedrus Road built and last sold?
The property at 8 Cedrus Road was built in 1950 and last sold on Aug 16, 2023 for $476,000.
How much is this home worth?
The estimated value of the home located at 8 Cedrus Road is $451,994.
What are some comparable homes to 8 Cedrus Road?
There are currently no comparable homes to 8 Cedrus Road.
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