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Norfolk
9 Delmar Road
$307,500
● House - Off Market

9 Delmar Road

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$596,324
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Well maintained ranch in desirable neighborhood. Enjoy the two car, oversized garage.  Partially finished basement, heated with walk-out for additional living space.  Three bedrooms.  Enter into bright, convenient breezeway/mudroom with skylights. Private, beautiful lot abutting Chicken Brook. 10x12 shed, vinyl sided with electricity and concrete foundation. Bonus hardwoods under living room and hallway carpet!!  Great commuter location to Routes 495, 95 and Mass Pike.  Pride in ownership.  This one won't last long.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$351
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1960

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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 #71725685)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Jul 28, 2021 Listed by Prentice Realty Group $419,900
Listed by Prentice Realty Group
Oct 20, 2014 Sold
Premium
Sold
Aug 6, 2014 Listed by Prentice Realty Group $319,900
Listed by Prentice Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 912
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 912
  • Gross Building Area: 2,656
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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: 5-152
  • Parcel: MEDW M:30 B:019
  • Block: 19
  • Municipality: MEDWAY
  • Latitude: 42.1578
  • Longitude: -71.4235

    Address

  • Full Address: 9 Delmar Rd
  • Address - House Number: 9
  • Address - Street Name: Delmar
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: C003
  • 4-Digit Zip Code: 2349
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682,100

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 501,930
  • High Value: 589,279
  • Low Value: 414,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,900
  • Assessed Land Value: $238,000
  • Assessed Improvements Value: $189,900

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 131305
  • Previous Sale Recording Date: Oct 20, 2014
  • Previous Sale Amount: $307,500
  • Previous Sale Document Type: O
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:

$754,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2524 ft²

Average Home Age

60.6 years

Currently For Sale

1457 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# 71725685

Frequently Asked Questions

When was property at 9 Delmar Road built and last sold?
The property at 9 Delmar Road was built in 1960 and last sold on Oct 13, 2021 for $455,563.
How much is this home worth?
The estimated value of the home located at 9 Delmar Road is $419,977.
What are some comparable homes to 9 Delmar Road?
There are currently no comparable homes to 9 Delmar Road.
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