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Norfolk
8 Skyline Dr
$394,000
● House - Off Market

8 Skyline Dr

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,050 Ft²
$771,378
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

COLONIAL STYLE HOME W/FRONT PORCH LOCATED IN SUBDIVISION WITH SIMILAR STYLE HOMES.BEAUTIFUL IN GROUND POOL WITH PATIO AREA W/POOL HOUSE AND CLOSED IN WITH BLACK IRON SECURITY FENCE. HAS A REMODELED MASTER BEDROOM SUITE W/JACUZZI,SHOWER,WALK IN CLOSET AND SKYLIGHT.HOME IS SET BACK FROM STREET WITH PRIVATE BACK YARD.A LARGE DECK OFF FAMILY ROOM MAKES FOR A CONVENENT ACCESS TO BACK YARD AND POOL AREA, A DOG SECURITY FENCE IN PLACE FOR YOUR PETS.  TOWN HAS GREAT SCHOOL SYSTEM AND MANY SPORTS TEAMS FOR THE CHILDREN.EASY ACCESS TO T STATION SHORT DRIVE.
Unit Size
2,050 Ft²
Days on Market
-
Land Size
1.07 acres
Price per sqft
$202
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1990

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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 #71596821)

Price History

Date / Event Date Event Price
Jun 17, 2014 Sold
Premium
Sold
Oct 15, 2013 Listed by ERA Key Realty Services- Fram $415,000
Listed by ERA Key Realty Services- Fram
Nov 16, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 980
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 46,391
  • Total Building Area: 2,151
  • Gross Building Area: 4,253
  • Building Area: 2,151
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,151
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001065
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medway School District
  • School Tax School District: MEDWAY SD
  • Census Tract: 408104

Zoning

  • Zoning: AR-I

Geography

  • Account Number: Jan 01, 1970
  • Parcel: MEDW M:04 B:025
  • Block: 25
  • Municipality: MEDWAY
  • Latitude: 42.1758
  • Longitude: -71.4168

    Address

  • Full Address: 8 Skyline Dr
  • Address - House Number: 8
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Medway
  • Carrier Code: R002
  • 4-Digit Zip Code: 2428
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943,200

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 735,270
  • High Value: 859,189
  • Low Value: 611,351

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,700
  • Assessed Land Value: $294,100
  • Assessed Improvements Value: $297,600

    Sales

  • Current Sale Recording Date: Jun 17, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47330
  • Previous Sale Recording Date: Nov 16, 1999
  • Previous Sale Amount: $255,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71596821

Frequently Asked Questions

When was property at 8 Skyline Drive built and last sold?
The property at 8 Skyline Drive was built in 1990 and last sold on Jan 1, 1970 for $394,000.
How much is this home worth?
The estimated value of the home located at 8 Skyline Drive is $443,382.
What are some comparable homes to 8 Skyline Drive?
There are currently no comparable homes to 8 Skyline Drive.
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