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Norfolk 02081
8 Grasshopper Lane
$510,000
● House - Off Market

8 Grasshopper Lane

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,772 Ft²
$1,055,928
RealtyHop Estimate
103.10%
Since Oct 1, 2003
MA-Boston
Primary Model

About This Property

GORGEOUS MINT CONDITION CONTEMPORARY CAPE ON CUL-DE-SAC* KITCHEN W/GRANITE COUNTERS,TILE FLR,WHITE WASHED CHERRY CAB* DIN/RM W/SLIDERS TO OVERSIZED DECK*HARDWD FLR THROUGHOUT*SEC SYSTEM*C/AIR*CATHEDRAL CEILING
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$293
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1988

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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 #30754252)

Price History

Date / Event Date Event Price
Sep 25, 2003 Sold
Premium
Sold
Aug 7, 2003 Listed by Coldwell Banker Realty - Canton $519,900
Listed by Coldwell Banker Realty - Canton
Dec 7, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 20,227
  • Total Building Area: 1,772
  • Gross Building Area: 3,462
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000464
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411200

Geography

  • Account Number: D070749007
  • District: 307
  • Parcel: WALP M:00027 B:00393 L:00000
  • Block: 393
  • Municipality: WALPOLE
  • Latitude: 42.1509
  • Longitude: -71.2324

    Address

  • Full Address: 8 Grasshopper Ln
  • Address - House Number: 8
  • Address - Street Name: Grasshopper
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Walpole
  • Carrier Code: C011
  • 4-Digit Zip Code: 3627
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,800

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 806,974
  • High Value: 936,213
  • Low Value: 677,734

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $677,600
  • Assessed Land Value: $312,300
  • Assessed Improvements Value: $365,300

    Sales

  • Current Sale Recording Date: Sep 25, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 07, 1988
  • Previous Sale Amount: $245,000
  • 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:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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# 30754252

Frequently Asked Questions

When was property at 8 Grasshopper Lane built and last sold?
The property at 8 Grasshopper Lane was built in 1988 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 8 Grasshopper Lane is $536,688.
What are some comparable homes to 8 Grasshopper Lane?
There are currently no comparable homes to 8 Grasshopper Lane.
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