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Norfolk 02090
230 School Street
$640,000
● House - Off Market

230 School Street

Westwood, MA 02090
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,039 Ft²
$625,448
RealtyHop Estimate
-0.72%
Since Sep 1, 2023
MA-Boston
Primary Model

About This Property

BACK ON MARKET!  Picturesque Ranch style home sited on an 8,271 S.F. lot.  Refinished hardwood floors and recently painted interior welcomes you to this bright & sunny home.  Fireplaced living room opens to dining room with upgraded windows in both. Adjacent eat-in kitchen with back entrance leads to level back yard with garden area, electrified Gazebo. and shed.  Versatile mudroom, off kitchen, with entrance to basement & garage, provides extra storage space.  A "surge protection" system and newer oil tank are added features.   Conveniently located,  steps from Islington Center offering commuter rail, bus line, post office, grocery store, shops, cafe, restaurants, deli, playground and brand new Hanlon Elementary School.  Home offers possibilities to expand and live in a very desirable neighborhood  ..
Unit Size
1,039 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$606
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1948

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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 #73116176)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jul 6, 2023 In contract -
In contract
Jun 30, 2023 Relisted $630,000
Relisted
Jun 4, 2023 In contract -
In contract
May 25, 2023 Listed by Coldwell Banker Realty - Westwood $630,000
Listed by Coldwell Banker Realty - Westwood

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 909
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,271
  • Total Building Area: 1,039
  • Gross Building Area: 2,060
  • Building Area: 1,039
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,039
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 2345
  • Parcel: WWOO M:023 B:000 L:108
  • Lot: 108
  • Municipality: WESTWOOD
  • Latitude: 42.219
  • Longitude: -71.1906

    Address

  • Full Address: 230 School St
  • Address - House Number: 230
  • 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: $698,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1596
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 660,491
  • High Value: 765,964
  • Low Value: 555,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,200
  • Assessed Land Value: $334,600
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49416
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:

$755,450

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2565 ft²

Average Home Age

59.6 years

Currently For Sale

1396 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: 4 months ago
Data Source: MLS PIN, MLS# 73116176

Frequently Asked Questions

When was property at 230 School Street built and last sold?
The property at 230 School Street was built in 1948 and last sold on Aug 1, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 230 School Street is $629,248.
What are some comparable homes to 230 School Street?
There are currently no comparable homes to 230 School Street.
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