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Norfolk 02081
8 Heritage Dr
$540,000
● House - Off Market

8 Heritage Dr

Walpole, MA 02081
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,277 Ft²
$1,075,700
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Price Reduced! Incredible opportunity to own a home in this desirable North Walpole neighborhood. Set on 1+ acre lot abutting conservation land. This home offers lovely eat-in kitchen with granite & bay window, formal dining room, front to back living room, family room with cathedral ceiling, skylights & stone fireplace. Hardwood floors throughout. Attractively finished basement not incl. in square footage offers den & office. Landscaped yard with sprinkler & invisible fence. New roof in 2004.
Unit Size
2,277 Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$255
Property Type
House
Property Taxes
$517
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 months ago (MLSPIN #70302030)

Price History

Date / Event Date Event Price
Oct 18, 2006 Sold
Premium
Sold
Dec 6, 2005 Listed by Coldwell Banker Residential Brokerage - Sharon $579,900
Listed by Coldwell Banker Residential Brokerage - Sharon

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 50,965
  • Total Building Area: 2,277
  • Gross Building Area: 4,757
  • Building Area: 2,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,277
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALPOLE
  • Land Acres: 0000001170
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411301

Geography

  • Account Number: A161608001
  • District: 307
  • Parcel: WALP M:00012 B:00111 L:00000
  • Block: 111
  • Municipality: WALPOLE
  • Latitude: 42.1753
  • Longitude: -71.2583

    Address

  • Full Address: 8 Heritage Dr
  • Address - House Number: 8
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Walpole
  • Carrier Code: R001
  • 4-Digit Zip Code: 2240
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,019,800

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 887,886
  • High Value: 1,030,083
  • Low Value: 745,688

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $771,400
  • Assessed Land Value: $373,600
  • Assessed Improvements Value: $397,800

    Sales

  • Current Sale Recording Date: Oct 18, 2006
  • Current Sale Price:
    Premium
  • Current 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70302030

Frequently Asked Questions

When was property at 8 Heritage Drive built and last sold?
The property at 8 Heritage Drive was built in 1988 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 8 Heritage Drive is $606,305.
What are some comparable homes to 8 Heritage Drive?
There are currently no comparable homes to 8 Heritage Drive.
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