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Norfolk 02054
8 Granite Drive, Lot 4
$489,900
● House - Off Market

8 Granite Drive, Lot 4

Millis, MA 02054
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,100 Ft²
$1,332,375
RealtyHop Estimate
171.97%
Since Jul 1, 2001
National-US
Primary Model

About This Property

HOME IS BEING FRAMED 09/20/00. THIS MODEL HOME SETS UP ON A KNOLL. BEAUTIFUL HOME.GREAT FLOOR PLAN. ONE OF 16 HOMESITES SUBDIVISION IS CLOSE TO COMMUTER TRAIN. CALL FOR PLANS AND SPECS.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$158
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000

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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 #30447792)

Price History

Date / Event Date Event Price
Jun 27, 2003 Sold
Premium
Sold
Apr 17, 2003 Listed $589,000
Listed
Jun 1, 2001 Sold
Premium
Sold
Sep 22, 2000 Listed $489,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 3,218
  • Gross Building Area: 5,536
  • Building Area: 3,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,218
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:047 B:0000003
  • Block: 3
  • Municipality: MILLIS
  • Latitude: 42.1372
  • Longitude: -71.365

    Address

  • Full Address: 8 Granite Dr
  • Address - House Number: 8
  • Address - Street Name: Granite
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Millis
  • Carrier Code: R007
  • 4-Digit Zip Code: 1771
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,131,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,023,442
  • High Value: 1,196,476
  • Low Value: 850,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $688,800
  • Assessed Land Value: $155,800
  • Assessed Improvements Value: $533,000

    Sales

  • Current Sale Recording Date: Jun 27, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $489,900
  • 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:

$750,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 30447792

Frequently Asked Questions

When was property at 8 Granite Drive built and last sold?
The property at 8 Granite Drive was built in 2000 and last sold on Jan 1, 1970 for $575,000.
How much is this home worth?
The estimated value of the home located at 8 Granite Drive is $0.
What are some comparable homes to 8 Granite Drive?
There are currently no comparable homes to 8 Granite Drive.
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