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Norfolk 02090
194 School St
$1,615,000
● House - Off Market

194 School St

Westwood, MA 02090
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,200 Ft²
$1,705,036
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

This beautifully rebuilt and expanded home has all you need for today's living. Chef's kitchen with Quartz countertops, professional appliances and walk-in pantry opens to a spacious family room. Second master bedroom suite has a HUGE walk-in closet plus two double closets. Spa like shower, oversize soaking tub and a separate water closet finish the main bath.  First floor 5th bedroom with a full bathroom is great for overnight guests or can be used as a home office. High efficiency HVAC system with google smart thermostat. Oversize 2 car garage with smart garage opener. Spray foam insulation. Nice sized backyard with patio. Amazing location -- quiet neighborhood steps from local restaurants, coffee shops, playground. Walking distance from train station.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$497
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1950

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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 #73047493)

Price History

Date / Event Date Event Price
Nov 29, 2022 Sold
Premium
Sold
Oct 18, 2022 In contract -
In contract
Oct 12, 2022 Listed by Coldwell Banker Realty - Westwood $1,590,000
Listed by Coldwell Banker Realty - Westwood
Sep 13, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Coldwell Banker Realty - Westwood $675,000
Listed by Coldwell Banker Realty - Westwood

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,044
  • Total Building Area: 1,387
  • Gross Building Area: 2,840
  • Building Area: 1,387
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,387
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000208
  • 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: 2339
  • Parcel: WWOO M:023 B:000 L:102
  • Lot: 102
  • Municipality: WESTWOOD
  • Latitude: 42.2192
  • Longitude: -71.1924

    Address

  • Full Address: 194 School St
  • Address - House Number: 194
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westwood
  • Carrier Code: C015
  • 4-Digit Zip Code: 1708
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $877,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 780,877
  • High Value: 901,819
  • Low Value: 659,936

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $613,800
  • Assessed Land Value: $338,200
  • Assessed Improvements Value: $275,600

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100481
  • Previous Sale Recording Date: Sep 13, 2021
  • Previous Sale Contract Date: Aug 24, 2021
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: O

    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:

$751,700

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2527 ft²

Average Home Age

60.8 years

Currently For Sale

1464 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: 5 months ago
Data Source: MLS PIN, MLS# 73047493

Frequently Asked Questions

When was property at 194 School Street built and last sold?
The property at 194 School Street was built in 1950 and last sold on Nov 29, 2022 for $1,615,000.
How much is this home worth?
The estimated value of the home located at 194 School Street is $1,609,786.
What are some comparable homes to 194 School Street?
There are currently no comparable homes to 194 School Street.
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