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Norfolk 02090
158 Forbes Road
$925,000
● House - Off Market

158 Forbes Road

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,310 Ft²
$1,259,785
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Great opportunity to live in this popular neighborhood and enjoy the convenience of this 4 bedroom 2.5 bath colonial.  Well-maintained by the original owners, this home offers generous room sizes, front to back living room with custom wainscoting, over-sized fire-placed family room with vaulted ceilings and skylight, gleaming hardwoods throughout, beautiful updated bathrooms, updated heating and cooling gas system (4 years). Kitchen boasts a breakfast area looking out at the beautiful pool and a private fenced in yard.  Potential to finish the basement with additional storage. Laundry on the first floor and attached two car garage.  Desirable location with walk to school, and minutes to Legacy Place, University Station shopping and restaurants,  commuter rail and multiple highway routes.
Unit Size
2,310 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$411
Property Type
House
Property Taxes
$839
HOA Dues
-
Year Built
1973

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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: 5 months ago (MLSPIN #72668115)

Price History

Date / Event Date Event Price
Aug 6, 2020 Sold
Premium
Sold
Jun 4, 2020 Listed by Gibson Sotheby's International Realty $949,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,352
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,350
  • Total Building Area: 3,166
  • Gross Building Area: 5,324
  • Building Area: 3,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • 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: 3973
  • Parcel: WWOO M:031 B:000 L:005
  • Lot: 5
  • Municipality: WESTWOOD
  • Latitude: 42.2109
  • Longitude: -71.1714

    Address

  • Full Address: 158 Forbes Rd
  • Address - House Number: 158
  • Address - Street Name: Forbes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westwood
  • Carrier Code: C011
  • 4-Digit Zip Code: 2226
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,518,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,397,861
  • High Value: 1,635,944
  • Low Value: 1,159,779

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,062,100
  • Assessed Land Value: $413,100
  • Assessed Improvements Value: $649,000

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 79141
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:

$758,000

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1397 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: 5 months ago
Data Source: MLS PIN, MLS# 72668115

Frequently Asked Questions

When was property at 158 Forbes Road built and last sold?
The property at 158 Forbes Road was built in 1973 and last sold on Aug 5, 2020 for $925,000.
How much is this home worth?
The estimated value of the home located at 158 Forbes Road is $958,357.
What are some comparable homes to 158 Forbes Road?
There are currently no comparable homes to 158 Forbes Road.
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