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Norfolk
8 King Phillip
$550,000
● House - Off Market

8 King Phillip

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,018 Ft²
$670,261
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

New Listing in Norfolk.  Great opportunity to be the new owner of a wonderful 4 bedroom home on a dead-end street with beautiful pond views, perfect for walks and fishing. Wonderful updates abound, with a brand new kitchen packed with shaker white cabinets, granite counters and Bosch appliances, a new mudroom with custom built-ins, an updated, sunken family room and refreshed dining room with wrap around granite bar top.  Also on the first floor you have an additional front to back family room and half bath with laundry.  Second floor has 4 full bedrooms, master has a walk in closet and hardwoods throughout both levels.  Coastal themed new paint throughout first floor leads to a screened porch, overlooking a sprawling wooded lot, great for family gatherings or listening to nature. Nothing to do, but move right in!
Unit Size
2,018 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$258
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72704890)

Price History

Date / Event Date Event Price
Oct 26, 2020 Sold
Premium
Sold
Aug 5, 2020 Listed by Real Living Suburban Lifestyle Real Estate $519,900
Listed by Real Living Suburban Lifestyle Real Estate
Mar 29, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 30,093
  • Total Building Area: 2,039
  • Gross Building Area: 3,017
  • Building Area: 2,039
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,039
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND LAKE
  • Land Acres: 0000000691
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Geography

  • Parcel: NORF M:0022 B:0073 L:0013
  • Block: 73
  • Lot: 13
  • Municipality: NORFOLK
  • Latitude: 42.1252
  • Longitude: -71.3094

    Address

  • Full Address: 8 King Philip Trl
  • Address - House Number: 8
  • Address - Street Name: King Philip
  • Address - Suffix Type: Trl
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R008
  • 4-Digit Zip Code: 1406
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $982,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 732,167
  • High Value: 855,633
  • Low Value: 608,701

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,100
  • Assessed Land Value: $213,700
  • Assessed Improvements Value: $417,400

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Oct 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116803
  • Previous Sale Recording Date: Mar 29, 2006
  • Previous Sale Amount: $410,000
  • 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

$431

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.7 years

Currently For Sale

1308 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# 72704890

Frequently Asked Questions

When was property at 8 King Phillip Trail built and last sold?
The property at 8 King Phillip Trail was built in 1966 and last sold on Sep 18, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 King Phillip Trail is $548,433.
What are some comparable homes to 8 King Phillip Trail?
There are currently no comparable homes to 8 King Phillip Trail.
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