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Norfolk 02090
10 Spring Lane
$500,000
● House - Off Market

10 Spring Lane

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,559 Ft²
$1,085,753
RealtyHop Estimate
108.84%
Since Jun 1, 2003
MA-Boston
Primary Model

About This Property

PRETTY RANCH NEAR DOWNEY SCHOOL. CONV.TO TRANS., SHOPPING HGHWYS,SCHOOL,& REC. HARDWOOD THRUOUT. LR/DR COMBO. DBLE SIDED FP BTWN LR/KIT. 2ND FP IN BSMNT REC ROOM CURB APPEAL
Unit Size
1,559 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$333
Property Type
House
Property Taxes
$383
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: 4 months ago (MLSPIN #30696325)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
May 29, 2003 Sold
Premium
Sold
Mar 8, 2003 Listed by Coldwell Banker Residential Brokerage - Dedham $519,900
Listed by Coldwell Banker Residential Brokerage - Dedham

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,519
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,796
  • Total Building Area: 2,553
  • Gross Building Area: 5,748
  • Building Area: 2,553
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,553
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000477
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westwood School District
  • School Tax School District: WESTWOOD SD
  • Census Tract: 412300

Geography

  • Account Number: 2680
  • Parcel: WWOO M:024 B:000 L:103
  • Lot: 103
  • Municipality: WESTWOOD
  • Latitude: 42.2169
  • Longitude: -71.177

    Address

  • Full Address: 10 Spring Ln
  • Address - House Number: 10
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westwood
  • Carrier Code: C009
  • 4-Digit Zip Code: 1916
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,340,300

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,249,179
  • High Value: 1,442,651
  • Low Value: 1,055,708

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,300
  • Assessed Land Value: $361,900
  • Assessed Improvements Value: $575,400

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63164
  • Previous Sale Recording Date: May 29, 2003
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30696325

Frequently Asked Questions

When was property at 10 Spring Lane built and last sold?
The property at 10 Spring Lane was built in 1960 and last sold on Jun 26, 2020 for $945,000.
How much is this home worth?
The estimated value of the home located at 10 Spring Lane is $531,538.
What are some comparable homes to 10 Spring Lane?
There are currently no comparable homes to 10 Spring Lane.
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