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Norfolk
9 Ash Ln
$540,000
● House - Off Market

9 Ash Ln

Medway, MA 02053
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,560 Ft²
$993,832
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Atmosphere for Charm! Beautifully maintained  Col. in desirable small subdivision, Red Gate Estates ll. Decor is  the latest decorator colors, warm and inviting! Rich cherry cab. kit w/ peninsula & granite counters. Stainless Steel appliances add crisp shiny appeal..  Pantry adds more kit. storage use,, lovely glowing hardwd fls.Formal DR w/chair rail,hardwd floor, flows to living rm.Oversized two level deck, ideal fenced-in yard, abuts farm land. Easy commute to train to Bos, or major rtes. Don't miss out , you'll be pleased seeing it & want to own!
Unit Size
2,560 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$209
Property Type
House
Property Taxes
$753
HOA Dues
-
Year Built
2001

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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: 5 months ago (MLSPIN #71674621)

Price History

Date / Event Date Event Price
Jul 31, 2014 Sold
Premium
Sold
May 3, 2014 Listed by Classic Properties REALTORS® $535,000
Listed by Classic Properties REALTORS®
Nov 8, 2001 Sold
Premium
Sold
Feb 11, 2001 Listed by Classic Properties REALTORS® $392,900
Listed by Classic Properties REALTORS®

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,472
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,058
  • Total Building Area: 2,560
  • Gross Building Area: 4,568
  • Building Area: 2,560
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,560
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001769
  • 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: ARII

Geography

  • Account Number: 5-200-12
  • Parcel: MEDW M:21 B:077
  • Block: 77
  • Municipality: MEDWAY
  • Latitude: 42.1621
  • Longitude: -71.4234

    Address

  • Full Address: 9 Ash Ln
  • Address - House Number: 9
  • Address - Street Name: Ash
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Medway
  • Carrier Code: C004
  • 4-Digit Zip Code: 2376
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,159,300

    Appraisal Valuation

  • Standard Deviation: 0.1685
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 897,745
  • High Value: 1,049,022
  • Low Value: 746,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $727,300
  • Assessed Land Value: $297,600
  • Assessed Improvements Value: $429,700

    Sales

  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64504
  • Previous Sale Recording Date: Nov 08, 2001
  • Previous Sale Amount: $399,318
  • 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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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# 71674621

Frequently Asked Questions

When was property at 9 Ash Lane built and last sold?
The property at 9 Ash Lane was built in 2001 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 9 Ash Lane is $565,704.
What are some comparable homes to 9 Ash Lane?
There are currently no comparable homes to 9 Ash Lane.
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