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Norfolk 02081
8 Notch Road
$500,000
● House - Off Market

8 Notch Road

Walpole, MA 02081
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,798 Ft²
$694,571
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

A diamond in the rough.  Hardwood throughout.  Partially finished basement.  Appliances in kitchen recently replaced.  Large porch looking over the huge back yard. Come bring your vision and your plan will become reality!  House has great bones, a fabulous cul-de-sac location with great proximity to all the major routes as well as the famous Patriot Place.  A  home  on this street recently sold in the mid $800's so you can see there's great home equity to be built upon!  Join us both Saturday, 1/11 and Sunday, 1/12 at the Open House from 2:00-3:30 pm.  You can't afford to miss out on this opportunity!  Look forward to seeing you there...
Unit Size
1,798 Ft²
Days on Market
-
Land Size
2.15 acres
Price per sqft
$278
Property Type
House
Property Taxes
$627
HOA Dues
-
Year Built
1993

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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 #72606540)

Price History

Date / Event Date Event Price
Mar 17, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by RE/MAX Real Estate Center $499,900
Listed by RE/MAX Real Estate Center
Sep 1, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 63,598
  • Total Building Area: 1,728
  • Gross Building Area: 3,518
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001460
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Walpole School District
  • Census Tract: 411101

Geography

  • Account Number: G070760010
  • District: 307
  • Parcel: WALP M:00051 B:00057 L:00000
  • Block: 57
  • Municipality: WALPOLE
  • Latitude: 42.1083
  • Longitude: -71.2827

    Address

  • Full Address: 8 Notch Rd
  • Address - House Number: 8
  • Address - Street Name: Notch
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Walpole
  • Carrier Code: R002
  • 4-Digit Zip Code: 1003
  • Zip Code: 02081

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $877,400

    Appraisal Valuation

  • Standard Deviation: 0.1545
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 722,731
  • High Value: 834,436
  • Low Value: 611,025

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $663,700
  • Assessed Land Value: $300,400
  • Assessed Improvements Value: $363,300

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24297
  • Previous Sale Recording Date: Sep 01, 1993
  • Previous Sale Amount: $197,900
  • 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# 72606540

Frequently Asked Questions

When was property at 8 Notch Road built and last sold?
The property at 8 Notch Road was built in 1993 and last sold on Mar 13, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 8 Notch Road is $519,497.
What are some comparable homes to 8 Notch Road?
There are currently no comparable homes to 8 Notch Road.
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