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Norfolk
9 Stanley Rd
$387,500
● House - Off Market

9 Stanley Rd

Medway, MA 02053
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$617,992
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Meticulously maintained 3-bed, 2-bath ranch in popular and conveniently located Medway subdivision. Updated granite kitchen and breakfast island overlooking living and dining room with contemporary open floor plan, cathedral ceilings and a propane fireplace. Walk out to a gorgeous four-season sunroom addition bathed in natural light with a view of the private, wooded lot and attached to deck with a hot tub. Master bedroom with private bath, double sink vanity, walk-in closet and slider to sunroom. Second full bath and two additional spacious bedrooms with cozy corner window seats. One-car garage and four additional parking spots in the driveway. New boiler two years ago. Walking distance to Medway High School, ranked 10th in the state on the US News list of Best High Schools in 2017.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$277
Property Type
House
Property Taxes
$530
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72259707)

Price History

Date / Event Date Event Price
Feb 26, 2018 Sold
Premium
Sold
Nov 29, 2017 Listed by RE/MAX Real Estate Center $395,000
Listed by RE/MAX Real Estate Center
Feb 28, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,428
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,301
  • Total Building Area: 1,428
  • Gross Building Area: 3,756
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001017
  • 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: 408103

Zoning

  • Zoning: AR-I

Geography

  • Account Number: 5-30A-65
  • Parcel: MEDW M:19 B:031
  • Block: 31
  • Municipality: MEDWAY
  • Latitude: 42.1603
  • Longitude: -71.4483

    Address

  • Full Address: 9 Stanley Rd
  • Address - House Number: 9
  • Address - Street Name: Stanley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Medway
  • Carrier Code: R004
  • 4-Digit Zip Code: 2151
  • Zip Code: 02053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $727,000

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 592,548
  • High Value: 695,377
  • Low Value: 489,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $456,100
  • Assessed Land Value: $252,700
  • Assessed Improvements Value: $203,400

    Sales

  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15365
  • Previous Sale Recording Date: Feb 28, 1997
  • Previous Sale Amount: $165,000
  • 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:

$754,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2583 ft²

Average Home Age

59.8 years

Currently For Sale

1388 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# 72259707

Frequently Asked Questions

When was property at 9 Stanley Road built and last sold?
The property at 9 Stanley Road was built in 1985 and last sold on Jan 1, 1970 for $387,500.
How much is this home worth?
The estimated value of the home located at 9 Stanley Road is $409,946.
What are some comparable homes to 9 Stanley Road?
There are currently no comparable homes to 9 Stanley Road.
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