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Norfolk 02035
8 Inman Lane
$396,500
● House - Off Market

8 Inman Lane

Foxboro, MA 02035
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,786 Ft²
$668,973
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Beautiful colonial in Summerfield!  Open floor plan features living room with fireplace open to dining room with atrium doors to view of the private yard. The large eat-in kitchen has an abundance of cabinets, updated appliances, cathedral ceilings with a a sky light, beautiful built- in shelves and large eating area. 2nd floor features a master bedroom with a walk-in closet and large full bathroom, a double sized 24x12  2nd bedroom with 2 double closets, a loft that makes a perfect sitting room or home office and an additional full bath. Vinyl sided and NEW roof for low maintenance. Summerfield association offers inground pool, tennis courts and clubhouse. Set on a large private lot conveniently located to schools, shopping, commuter rail and major highways.
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$224
Property Type
House
Property Taxes
$445
HOA Dues
$137
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: 5 months ago (MLSPIN #72008297)

Price History

Date / Event Date Event Price
Jun 30, 2016 Sold
Premium
Sold
May 18, 2016 Listed by RE/MAX Real Estate Center $399,900
Listed by RE/MAX Real Estate Center
Sep 24, 2015 Sold
Premium
Sold
Aug 6, 2015 Listed by RE/MAX Real Estate Center $382,500
Listed by RE/MAX Real Estate Center
Nov 12, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 20
  • 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: 13,840
  • Total Building Area: 1,786
  • Gross Building Area: 3,176
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERFIELD CLSTR
  • Land Acres: 0000000318
  • 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: 720006158
  • District: 99
  • Parcel: FOXB M:072 L:041
  • Lot: 41
  • Municipality: FOXBORO
  • Latitude: 42.07
  • Longitude: -71.202

    Address

  • Full Address: 8 Inman Ln
  • Address - House Number: 8
  • Address - Street Name: Inman
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C015
  • 4-Digit Zip Code: 5209
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,700

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 673,310
  • High Value: 789,255
  • Low Value: 557,365

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,000
  • Assessed Land Value: $226,700
  • Assessed Improvements Value: $305,300

    Sales

  • Current Sale Recording Date: Jun 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62840
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Amount: $383,000
  • Previous Sale Document Type: O
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:

$755,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1463 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: 5 months ago
Data Source: MLS PIN, MLS# 72008297

Frequently Asked Questions

When was property at 8 Inman Lane built and last sold?
The property at 8 Inman Lane was built in 1994 and last sold on Jan 1, 1970 for $396,500.
How much is this home worth?
The estimated value of the home located at 8 Inman Lane is $422,764.
What are some comparable homes to 8 Inman Lane?
There are currently no comparable homes to 8 Inman Lane.
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