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Norfolk 02090
228 Oak St
$899,900
● House - Off Market

228 Oak St

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,184 Ft²
$5,242
Est. Monthly

About This Property

This choice property is situated on a generous lot in Westwood, a town known for its top-rated schools, welcoming community, and proximity to Boston. This tri-level property provides the ideal opportunity for customizing your very own home or acquiring it as an investment property. Whether you're looking for a house in need of a modest renovation, to craft your own family home, or if you are a builder with an eye for potential, this property offers multiple, wide-ranging opportunities-a rare find. The property, part of an Estate Sale, is being offered "AS IS." Don't miss the chance to explore its potential.
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$412
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1958

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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 #73175795)

Price History

Date / Event Date Event Price
Jan 5, 2024 Sold
Premium
Sold
Nov 9, 2023 In contract -
In contract
Oct 31, 2023 Listed by Artemis Realty $899,900
Listed by Artemis Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,871
  • Total Building Area: 1,176
  • Gross Building Area: 2,328
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000938
  • 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: 412100

Geography

  • Account Number: 4281
  • Parcel: WWOO M:035 B:000 L:231
  • Lot: 231
  • Municipality: WESTWOOD
  • Latitude: 42.1984
  • Longitude: -71.231

    Address

  • Full Address: 228 Oak St
  • Address - House Number: 228
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westwood
  • Carrier Code: C013
  • 4-Digit Zip Code: 3207
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $988,000

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 932,015
  • High Value: 997,827
  • Low Value: 866,202

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,900
  • Assessed Land Value: $474,900
  • Assessed Improvements Value: $216,000

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 900
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:

$752,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2529 ft²

Average Home Age

60.6 years

Currently For Sale

1465 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# 73175795

Frequently Asked Questions

When was property at 228 Oak Street built and last sold?
The property at 228 Oak Street was built in 1958 and last sold on Jan 5, 2024 for $899,900.
How much is this home worth?
The estimated value of the home located at 228 Oak Street is $912,653.
What are some comparable homes to 228 Oak Street?
There are currently no comparable homes to 228 Oak Street.
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