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Middlesex
22 Forrest Road
$445,000
● House - Off Market

22 Forrest Road

Westford, MA 01886
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,480 Ft²
$661,500
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Don't miss out on this opportunity to own a beautiful move-in ready home in Westford!  Located in the Nabnasset neighborhood, this home has an updated kitchen and bath along with a large living room perfect for entertaining.  In addition to this home's 3 bedrooms and dining room, there is a finished playroom in the lower level.   Summer is coming and can be enjoyed relaxing on the generous back deck which can be accessed by both the kitchen and living room.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$304
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1935

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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 #72473873)

Price History

Date / Event Date Event Price
Jun 26, 2019 Sold
Premium
Sold
Mar 18, 2019 Listed by Coldwell Banker Residential Brokerage - Chelmsford $450,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Nov 1, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Coldwell Banker Residential Brokerage - Chelmsford $449,900
Listed by Coldwell Banker Residential Brokerage - Chelmsford
Jul 22, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,004
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,908
  • Total Building Area: 1,480
  • Gross Building Area: 3,511
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000411
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318100

Zoning

  • Zoning: RB

Geography

  • Parcel: WFOR M:0077.0 P:0034 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.6212
  • Longitude: -71.422

    Address

  • Full Address: 22 Forrest Rd
  • Address - House Number: 22
  • Address - Street Name: Forrest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R005
  • 4-Digit Zip Code: 1575
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $765,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 640,950
  • High Value: 749,662
  • Low Value: 532,238

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $556,100
  • Assessed Land Value: $304,600
  • Assessed Improvements Value: $251,500

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25129
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Amount: $449,900
  • 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 Middlesex

Stats & Trends

Median Asking:

$815,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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: 5 months ago
Data Source: MLS PIN, MLS# 72473873

Frequently Asked Questions

When was property at 22 Forrest Road built and last sold?
The property at 22 Forrest Road was built in 1935 and last sold on Jun 24, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 22 Forrest Road is $462,943.
What are some comparable homes to 22 Forrest Road?
There are currently no comparable homes to 22 Forrest Road.
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