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Norfolk 02090
242 Pond Street
$1,090,000
● House - Off Market

242 Pond Street

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,315 Ft²
$6,048
Est. Monthly

About This Property

Located moments from Westwood's High St, this 4 bedroom 3 bathroom home has been extensively renovated and expanded. On the first floor, a modern open-concept white kitchen with quartz countertops and gas cooking flows into a living room with vaulted ceilings, centering around a gas fireplace. Sliders from the living room open to a private back deck . A separate wing on the first floor is home to 3 bedrooms and 2 bathrooms, including a Primary Suite. The modern En-Suite Bath features a double vanity, tiled shower, and walk in-closet. Downstairs, a Finished Basement includes the 4th Bedroom and 3rd Bathroom in addition to an office nook, playroom, and an entertaining space. Laundry located on the first floor. This home also features Central Air Conditioning and a Detached Garage.
Unit Size
2,315 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$475
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1929

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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: 6 months ago (MLSPIN #73230827)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
May 1, 2024 Listed by Berkshire Hathaway HomeServices Warren Residential $1,100,000
Listed by Berkshire Hathaway HomeServices Warren Residential
Apr 6, 2020 Sold
Premium
Sold
Jan 29, 2020 Listed by Berkshire Hathaway HomeServices Warren Residential $515,000
Listed by Berkshire Hathaway HomeServices Warren Residential
Sep 19, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 9
  • Basement Area: 673
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,242
  • Total Building Area: 1,595
  • Gross Building Area: 3,450
  • Building Area: 1,595
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,595
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 3826
  • Parcel: WWOO M:029 B:000 L:036
  • Lot: 36
  • Municipality: WESTWOOD
  • Latitude: 42.2107
  • Longitude: -71.2255

    Address

  • Full Address: 242 Pond St
  • Address - House Number: 242
  • Address - Street Name: Pond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westwood
  • Carrier Code: C003
  • 4-Digit Zip Code: 2828
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $755,900

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 720,274
  • High Value: 841,964
  • Low Value: 598,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $528,600
  • Assessed Land Value: $320,400
  • Assessed Improvements Value: $208,200

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30890
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Amount: $386,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2528 ft²

Average Home Age

60.6 years

Currently For Sale

1364 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: 6 months ago
Data Source: MLS PIN, MLS# 73230827

Frequently Asked Questions

When was property at 242 Pond Street built and last sold?
The property at 242 Pond Street was built in 1929 and last sold on Mar 20, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 242 Pond Street is $1,104,899.
What are some comparable homes to 242 Pond Street?
There are currently no comparable homes to 242 Pond Street.
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