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Norfolk
8 Sparrow Road
$460,000
● House - Off Market

8 Sparrow Road

Norfolk, MA 02056
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,522 Ft²
$834,479
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Desirable Pheasant Hill Estates offers an affordable 4 bedroom Colonial with attached Cathedral ceiling family room, front to back living room, hardwood floors in the bedrooms, and room to add a master bath.  Improvements include fresh interior and exterior paint, heating system replaced summer 2014, and new microwave.  Features include a covered porch, oversized deck and fenced yard.  A picturesque setting and a home to grow into located in a fabulous neighborhood!
Unit Size
2,522 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$186
Property Type
House
Property Taxes
$668
HOA Dues
-
Year Built
1983

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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 #71803667)

Price History

Date / Event Date Event Price
Jul 17, 2015 Sold
Premium
Sold
Mar 19, 2015 Listed by Berkshire Hathaway HomeServices Page Realty $469,900
Listed by Berkshire Hathaway HomeServices Page Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 44,637
  • Total Building Area: 2,522
  • Gross Building Area: 4,412
  • Building Area: 2,522
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,522
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE BROOK ESTATES
  • Land Acres: 0000001025
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: King Philip School District
  • Census Tract: 409102

Geography

  • Account Number: 15
  • Parcel: NORF M:0012 B:0046 L:0097
  • Block: 46
  • Lot: 97
  • Municipality: NORFOLK
  • Latitude: 42.0998
  • Longitude: -71.3352

    Address

  • Full Address: 8 Sparrow Rd
  • Address - House Number: 8
  • Address - Street Name: Sparrow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norfolk
  • Carrier Code: R005
  • 4-Digit Zip Code: 1737
  • Zip Code: 02056

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,015,900

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 780,812
  • High Value: 912,353
  • Low Value: 649,270

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,500
  • Assessed Land Value: $203,100
  • Assessed Improvements Value: $449,400

    Sales

  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68024
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

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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# 71803667

Frequently Asked Questions

When was property at 8 Sparrow Road built and last sold?
The property at 8 Sparrow Road was built in 1983 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 8 Sparrow Road is $507,739.
What are some comparable homes to 8 Sparrow Road?
There are currently no comparable homes to 8 Sparrow Road.
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