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Boxford 01921
23 Forest Lane
$1,510,000
● House - Off Market

23 Forest Lane

Boxford, MA 01921
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,720 Ft²
$1,375,641
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Just Listed!  This Beautiful 4 bedroom Center Entrance Colonial located in Arrowhead Farms. This amazing home has 4 generous Bedrooms,  Master Suite with Custom California walk-in closet & elegant Master bath with granite double sink vanity, oversized walk-in shower and relaxing soaking tub, other features are Formal dining room, Fireplaced Living Room & Family room & stunning New gourmet Kitchen with Granite, Center Island and stainless appliances, Spacious sunroom overlooking indoor heated pool with 2 story atrium & deck. The finished lower level has game room, gym, steam room, and much more.  Amenities of Central Air & Vac, Security System, Underground Sprinklers, Also has an Oversized 3 Car garage, Kohler automatic whole house generator, new Tankless hot water heater. New roof and Many other Updates!
Unit Size
4,720 Ft²
Days on Market
-
Land Size
2.01 acres
Price per sqft
$286
Property Type
House
Property Taxes
$1,178
HOA Dues
-
Year Built
1990

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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: 4 months ago (MLSPIN #72952871)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,349,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Oct 29, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $895,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Aug 9, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 3,420
  • Gross Building Area: 7,878
  • Building Area: 3,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,420
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Boxford School District
  • Census Tract: 213100

Geography

  • Parcel: BOXF M:037 B:001 L:054
  • Block: 1
  • Lot: 54
  • Municipality: BOXFORD
  • Latitude: 42.6478
  • Longitude: -70.9833

    Address

  • Full Address: 23 Forest Ln
  • Address - House Number: 23
  • Address - Street Name: Forest
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Boxford
  • Carrier Code: R001
  • 4-Digit Zip Code: 2644
  • Zip Code: 01921

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,630,600

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,338,162
  • High Value: 1,571,505
  • Low Value: 1,104,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,249,500
  • Assessed Land Value: $460,000
  • Assessed Improvements Value: $789,500

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220425002850
  • Previous Sale Recording Date: Oct 29, 2015
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: O
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 Boxford

Stats & Trends

Median Asking:

$1,099,000

Sale Price/ft²

$362

Below Asking

0.01%

Average Days on Market

64

Average Home Size

3749 ft²

Average Home Age

72.3 years

Currently For Sale

4 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: 4 months ago
Data Source: MLS PIN, MLS# 72952871

Frequently Asked Questions

When was property at 23 Forest Lane built and last sold?
The property at 23 Forest Lane was built in 1990 and last sold on Apr 25, 2022 for $1,510,000.
How much is this home worth?
The estimated value of the home located at 23 Forest Lane is $1,399,919.
What are some comparable homes to 23 Forest Lane?
There are currently no comparable homes to 23 Forest Lane.
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