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Norfolk
8 Johnston Way
$562,200
● House - Off Market

8 Johnston Way

Norfolk, MA 02056
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$3,547
Est. Monthly

About This Property

3 Bedroom, 1Full bath  ranch with 1 Car garage on over 1 acre private lot WALK TO THE "T' to BOSTON --NEW SEPTIC 2017--  fresh paint-- NEW WINDOWS WHOLE HOUSE 2024-- NEW DRIVEWAY2023- NEW CAST IRON OIL BURNER 2017-- NEW COMPOSITE DECK 2020--NEW STAIRS WITH GRANITE 2021--NEW FLOORING 2024
Unit Size
1,300 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$462
Property Type
House
Property Taxes
$601
HOA Dues
-
Year Built
1986

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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 #73278059)

Price History

Date / Event Date Event Price
Oct 3, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 15, 2024 Listed by Bruce E. Johnston R. E. $599,999
Listed by Bruce E. Johnston R. E.
Sep 19, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 50,219
  • Total Building Area: 1,080
  • Gross Building Area: 2,304
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001153
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409101

Geography

  • Account Number: 3A
  • Parcel: NORF M:0014 B:0060 L:0058
  • Block: 60
  • Lot: 58
  • Municipality: NORFOLK
  • Latitude: 42.1128
  • Longitude: -71.3211

    Address

  • Full Address: 8 Johnston Way
  • Address - House Number: 8
  • Address - Street Name: Johnston
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R002
  • 4-Digit Zip Code: 1744
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 575,972
  • High Value: 644,715
  • Low Value: 507,229

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $462,800
  • Assessed Land Value: $235,500
  • Assessed Improvements Value: $227,300

    Sales

  • Current Sale Recording Date: May 07, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38680
  • Previous Sale Recording Date: Sep 19, 1990
  • Previous Sale Amount: $175,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73278059

Frequently Asked Questions

When was property at 8 Johnston Way built and last sold?
The property at 8 Johnston Way was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Johnston Way is $604,049.
What are some comparable homes to 8 Johnston Way?
There are currently no comparable homes to 8 Johnston Way.
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