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Norfolk 02035
8 Phillip Lane
Photo of 8 Phillip Lane
Sold on Nov 29, 2004

1

Map

$347,500
● House - Off Market

8 Phillip Lane

Foxboro, MA 02035
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$645,949
RealtyHop Estimate
84.61%
Since Dec 1, 2004
MA-Boston
Primary Model

About This Property

Wow! Family owned for 40 years. Excellent proximity to 95 & situated in a desirable neighborhood. Freshly painted interior & exterior Cape. Lovely lot with a large, flat backyard. The septic system is new in 1997 and windows new in 2002. Furnace approx. 10yrs old. The hardwood floors were refinished 5 years ago. Inviting livingrm. w/hardwood floors, bay window & f/p. Semi-finished game room in basement w/bar. The washer, dryer, refrigerator will stay. Seller can offer quick closing!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$260
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #70094866)

Price History

Date / Event Date Event Price
Nov 29, 2004 Sold
Premium
Sold
Sep 22, 2004 Listed $349,900
Listed
Dec 30, 1997 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 15,000
  • Total Building Area: 1,664
  • Gross Building Area: 2,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 410400

Geography

  • Account Number: 280000636
  • District: 99
  • Parcel: FOXB M:028 L:111
  • Lot: 111
  • Municipality: FOXBORO
  • Latitude: 42.0863
  • Longitude: -71.2269

    Address

  • Full Address: 8 Philip Ln
  • Address - House Number: 8
  • Address - Street Name: Philip
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 1223
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $636,700

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 603,254
  • High Value: 707,135
  • Low Value: 499,373

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,300
  • Assessed Land Value: $214,700
  • Assessed Improvements Value: $256,600

    Sales

  • Current Sale Recording Date: Nov 29, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 151021
  • Previous Sale Recording Date: Dec 30, 1997
  • Previous Sale Amount: $157,000
  • Previous Sale Document Type: 43
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:

$752,900

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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# 70094866

Frequently Asked Questions

When was property at 8 Philip Lane built and last sold?
The property at 8 Philip Lane was built in 1954 and last sold on Jan 1, 1970 for $347,500.
How much is this home worth?
The estimated value of the home located at 8 Philip Lane is $365,482.
What are some comparable homes to 8 Philip Lane?
There are currently no comparable homes to 8 Philip Lane.
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