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Norfolk 02035
9 Philip Lane
$307,500
● House - Off Market

9 Philip Lane

Foxboro, MA 02035
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,614 Ft²
$554,532
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Light and Bright 7 Room, 3 Bedroom, 2 Bath Cape with 1 Car garage.  Open floor plan.  Large Sun Room / Breakfast Room with skylight, slider to private deck. Kitchen breakfast bar. Dining Room with hardwood, Living Room with propane gas fireplace, picture window and hardwood.  First Floor Bedroom and Full Bath.  Second Floor 2 Bedrooms with many closets. Full Bath.  Some work needed.  Full Basement.  Large yard with two sheds.  One with electricity and separate propane gas heat.  Used for Art Studio, great for play house.  Other shed for mower etc. Title V approved.  Neighborhood setting.  Call for more information!
Unit Size
1,614 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$195
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1954

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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 #71787291)

Price History

Date / Event Date Event Price
May 14, 2015 Sold
Premium
Sold
Jan 24, 2015 Listed by Cross Real Estate $315,000
Listed by Cross Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • 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: 13,668
  • Total Building Area: 2,190
  • Gross Building Area: 4,120
  • Building Area: 2,190
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000314
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Foxborough School District
  • School Tax School District: FOXBORO RGNL
  • Census Tract: 410400

Geography

  • Account Number: 280000633
  • District: 99
  • Parcel: FOXB M:028 L:112
  • Lot: 112
  • Municipality: FOXBORO
  • Latitude: 42.0864
  • Longitude: -71.2274

    Address

  • Full Address: 9 Philip Ln
  • Address - House Number: 9
  • Address - Street Name: Philip
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Foxboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 1222
  • Zip Code: 02035

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $664,800

    Appraisal Valuation

  • Standard Deviation: 0.1826
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 646,249
  • High Value: 764,296
  • Low Value: 528,202

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,100
  • Assessed Land Value: $212,900
  • Assessed Improvements Value: $279,200

    Sales

  • Current Sale Recording Date: May 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1328639
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

2620 ft²

Average Home Age

59.7 years

Currently For Sale

1341 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# 71787291

Frequently Asked Questions

When was property at 9 Philip Lane built and last sold?
The property at 9 Philip Lane was built in 1954 and last sold on Jan 1, 1970 for $307,500.
How much is this home worth?
The estimated value of the home located at 9 Philip Lane is $337,094.
What are some comparable homes to 9 Philip Lane?
There are currently no comparable homes to 9 Philip Lane.
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