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Norfolk 02035
8 Howe Lane
$489,900
● House - Off Market

8 Howe Lane

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,476 Ft²
$503,892
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Cottage style home in the Summerfield development.  1st floor offers 9' ceilings with living room, dining room, kitchen and 1/2 bath. Upstairs has 2 good size bedrooms, full bath and a den that would make a great office or play room. Lots of windows and light. Property abuts conservation land.  Summerfield amenities include the clubhouse, function room, fitness room, pool table, tennis courts, pickle ball court and playground. House needs updating and has been priced accordingly. House is being sold as is, as seen.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$332
Property Type
House
Property Taxes
$490
HOA Dues
$158
Year Built
1994

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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 #72988062)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 26, 2022 Listed by Monarch Realty Group, LLC $489,900
Listed by Monarch Realty Group, LLC
Sep 16, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 7,859
  • Total Building Area: 1,476
  • Gross Building Area: 3,026
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410300

Geography

  • Account Number: 720006146
  • District: 99
  • Parcel: FOXB M:072 L:028
  • Lot: 28
  • Municipality: FOXBORO
  • Latitude: 42.0716
  • Longitude: -71.2018

    Address

  • Full Address: 8 Howe Ln
  • Address - House Number: 8
  • Address - Street Name: Howe
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C015
  • 4-Digit Zip Code: 2296
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $642,100

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 582,293
  • High Value: 686,788
  • Low Value: 477,798

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $475,300
  • Assessed Land Value: $227,500
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63217
  • Previous Sale Recording Date: Sep 16, 1994
  • Previous Sale Amount: $147,625
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72988062

Frequently Asked Questions

When was property at 8 Howe Lane built and last sold?
The property at 8 Howe Lane was built in 1994 and last sold on Jul 15, 2022 for $489,900.
How much is this home worth?
The estimated value of the home located at 8 Howe Lane is $504,004.
What are some comparable homes to 8 Howe Lane?
There are currently no comparable homes to 8 Howe Lane.
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