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Norfolk
8 Florence Circle
$700,000
● House - Off Market

8 Florence Circle

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,008 Ft²
$4,304
Est. Monthly

About This Property

Absolutely Fabulous. Pristine. Immaculately maintained with updates throughout. Premium move in condition. Garrison Colonial set on stunning corner lot.  Spacious flowing floor plan with large rooms abound. All in desirable Medway neighborhood. Fantastic fully enclosed porch for added living area.  Georgeous patio of premium materials. Cedar closet. Wired for generator and more. A Gem.
Unit Size
2,008 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$363
Property Type
House
Property Taxes
$724
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73177247)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold
Premium
Sold
Jan 27, 2024 In contract -
In contract
Nov 3, 2023 Listed by Inguanti Real Estate $729,000
Listed by Inguanti Real Estate
Dec 29, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,521
  • Total Building Area: 2,008
  • Gross Building Area: 3,308
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: ARII

Geography

  • Account Number: 5-292
  • Parcel: MEDW M:40 B:009
  • Block: 9
  • Municipality: MEDWAY
  • Latitude: 42.1532
  • Longitude: -71.4167

    Address

  • Full Address: 8 Florence Cir
  • Address - House Number: 8
  • Address - Street Name: Florence
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 2002
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $848,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0704
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 95
  • Final Value: 755,554
  • High Value: 808,762
  • Low Value: 702,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $532,000
  • Assessed Land Value: $294,300
  • Assessed Improvements Value: $237,700

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Feb 28, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1532901
  • Previous Sale Recording Date: Dec 29, 1987
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 27
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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2564 ft²

Average Home Age

59.8 years

Currently For Sale

1400 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73177247

Frequently Asked Questions

When was property at 8 Florence Circle built and last sold?
The property at 8 Florence Circle was built in 1972 and last sold on Feb 28, 2024 for $700,000.
How much is this home worth?
The estimated value of the home located at 8 Florence Circle is $743,101.
What are some comparable homes to 8 Florence Circle?
There are currently no comparable homes to 8 Florence Circle.
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