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Norfolk 02090
119 Farm Lane
$930,000
● House - Off Market

119 Farm Lane

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,221 Ft²
$1,330,477
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

Rare opportunity to own in one of Westwood's most sought after neighborhoods!!  Sprawling custom built ranch situated on an established lot with several mature trees. Offering those seeking a retreat like setting a home sited on an acre plus lot abutting Lowell Woods Conservation area.  Relax in this gorgeous rear yard and enjoy a swim in the approximately 30'x50' in ground pool and cooling shade trees.  This beauty offers hardwood floors throughout most of the first floor and a finished lower level with fireplace.  Large, beautifully organized kitchen is open to cathedral ceilinged family room complete with gas wood stove. Make it your own or start from scratch, either way this property is not to be missed!!! Showings to begin Friday morning 8/3, Open House Sunday 8/4 2pm-4pm.
Unit Size
2,221 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$419
Property Type
House
Property Taxes
$1,092
HOA Dues
-
Year Built
1956

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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: 6 months ago (MLSPIN #72543761)

Price History

Date / Event Date Event Price
Sep 23, 2019 Sold
Premium
Sold
Aug 1, 2019 Listed by Mattson Properties, LLC $929,900
Listed by Mattson Properties, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 9
  • Basement Area: 1,633
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 2,221
  • Gross Building Area: 4,972
  • Building Area: 2,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,221
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • 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: 412200

Geography

  • Account Number: 474
  • Parcel: WWOO M:010 B:000 L:049
  • Lot: 49
  • Municipality: WESTWOOD
  • Latitude: 42.2321
  • Longitude: -71.21

    Address

  • Full Address: 119 Farm Ln
  • Address - House Number: 119
  • Address - Street Name: Farm
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1109
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,502,100

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,414,067
  • High Value: 1,654,910
  • Low Value: 1,173,224

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,050,400
  • Assessed Land Value: $743,000
  • Assessed Improvements Value: $307,400

    Sales

  • Current Sale Contract Date: Sep 23, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 85569
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

56

Average Home Size

2526 ft²

Average Home Age

60.8 years

Currently For Sale

1396 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: 6 months ago
Data Source: MLS PIN, MLS# 72543761

Frequently Asked Questions

When was property at 119 Farm Lane built and last sold?
The property at 119 Farm Lane was built in 1956 and last sold on Sep 23, 2019 for $930,000.
How much is this home worth?
The estimated value of the home located at 119 Farm Lane is $940,095.
What are some comparable homes to 119 Farm Lane?
There are currently no comparable homes to 119 Farm Lane.
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