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Medfield 02052
8 Grace Drive
$475,000
● House - Off Market

8 Grace Drive

Medfield, MA 02052
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,774 Ft²
$1,595,052
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

BEAUTIFUL,METICULOUS HOME IN MOVE-IN CONDITION!GORGEOUS HARD WOOD FLOORS,FIREPLACED FAMILY RM,ALL REPAINTED IN+OUT,GREAT BONUS RM OVER GARAGE,BRICK PATIO,SPRINKLER SYS,SO LITE + BRIGHT ON A LUSH,LANDSCAPED LOT. OPEN HOUSE 5/16 1-3PM.
Unit Size
2,774 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$177
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1982

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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 years ago (MLSPIN #30319981)

Price History

Date / Event Date Event Price
Aug 13, 1999 Sold
Premium
Sold
May 14, 1999 Listed $489,900
Listed
Jul 2, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,294
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,522
  • Total Building Area: 2,997
  • Gross Building Area: 4,950
  • Building Area: 2,997
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,997
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000586
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medfield School District
  • School Tax School District: MEDFIELD SD
  • Census Tract: 406102

Zoning

  • Zoning: RS

Geography

  • Parcel: MEDF M:0033 B:0000 L:0070
  • Lot: 70
  • Municipality: MEDFIELD
  • Latitude: 42.1779
  • Longitude: -71.29

    Address

  • Full Address: 8 Grace Dr
  • Address - House Number: 8
  • Address - Street Name: Grace
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2803
  • Zip Code: 02052

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,406,900

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,207,380
  • High Value: 1,400,746
  • Low Value: 1,014,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $961,000
  • Assessed Land Value: $400,200
  • Assessed Improvements Value: $560,800

    Sales

  • Current Sale Recording Date: Aug 13, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 02, 1997
  • Previous Sale Amount: $350,000
  • 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 Medfield

Stats & Trends

Median Asking:

$949,900

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2054 ft²

Average Home Age

46.4 years

Currently For Sale

10 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 years ago
Data Source: MLS PIN, MLS# 30319981

Frequently Asked Questions

When was property at 8 Grace Drive built and last sold?
The property at 8 Grace Drive was built in 1982 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 8 Grace Drive is $0.
What are some comparable homes to 8 Grace Drive?
There are currently no comparable homes to 8 Grace Drive.
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