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Norfolk
9 Massasoit Street
$215,000
● House - Off Market

9 Massasoit Street

Medway, MA 02053
bedrooms
3 Beds
bathrooms
1 Bath
square feet
900 Ft²
$349,770
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Great condo Alternative, beautiful yard on a fenced in corner lot. This home  needs some work but has had some updates.  1 car detached garage and screened in porch.  2 to 3 bedrooms, living room, dining room, kitchen and basement.  Basement has propane stove, washer and dryer hook ups, .Rehab this home or possibly add on addition.  Heating system  2014, Windows 2013, Roof approximately 10 years old.  Hot water tankless, Circuit Breakers, Oil steam heat. Dining room has built ins and wainscotting. 3 Window ac's, de humidifier, air cleaner in basement are included.  Come see the potential in this home.  Kitchen appliances include, stove, dishwasher, compactor and garbage disposal.  Town water and sewer.
Unit Size
900 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$255
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1920

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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 #72401338)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Sep 26, 2018 Listed by Costello Realty $229,900
Listed by Costello Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,011
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 944
  • Gross Building Area: 2,015
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • 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: 408102

Zoning

  • Zoning: ARII

Geography

  • Account Number: 1D-36
  • Parcel: MEDW M:69 B:067
  • Block: 67
  • Municipality: MEDWAY
  • Latitude: 42.1372
  • Longitude: -71.4079

    Address

  • Full Address: 9 Massasoit St
  • Address - House Number: 9
  • Address - Street Name: Massasoit
  • Address - Suffix Type: St
  • State: MA
  • City Name: Medway
  • Carrier Code: R001
  • 4-Digit Zip Code: 1214
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $478,200

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 382,721
  • High Value: 453,153
  • Low Value: 312,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $238,500
  • Assessed Improvements Value: $61,500

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1414362
  • Previous Sale Recording Date: Feb 14, 2008
  • Previous Sale Document Type: 48
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# 72401338

Frequently Asked Questions

When was property at 9 Massasoit Street built and last sold?
The property at 9 Massasoit Street was built in 1920 and last sold on Dec 14, 2018 for $215,000.
How much is this home worth?
The estimated value of the home located at 9 Massasoit Street is $239,414.
What are some comparable homes to 9 Massasoit Street?
There are currently no comparable homes to 9 Massasoit Street.
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