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Bristol 02790
284 Reed Road
$460,000
● House - Off Market

284 Reed Road

Westport, MA 02790
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,692 Ft²
$447,564
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This one level spacious ranch has so much to offer! Located minutes away from the Westport Town Center, this home consists of 3 Bedrooms and 2 Full Bathrooms. Many updates throughout, such as: Stainless steel appliances, hardwood floors, fully finished walk out basement for additional living space, new roof, updated windows and much much more! Don't miss out on the opportunity to make this beautiful home your own!
Unit Size
1,692 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1967

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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 #73070948)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Jan 24, 2023 In contract -
In contract
Jan 16, 2023 Listed by RE/MAX Vantage $439,900
Listed by RE/MAX Vantage
Aug 29, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,692
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,120
  • Total Building Area: 1,092
  • Gross Building Area: 3,481
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RINO A & MARIE ROSSI
  • Land Acres: 0000000852
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646103

Zoning

  • Zoning: R1

Geography

  • Account Number: 2994
  • Parcel: WPOR M:33 L:64R
  • Lot: 64R
  • Municipality: WESTPORT
  • Latitude: 41.6312
  • Longitude: -71.0453

    Address

  • Full Address: 284 Reed Rd
  • Address - House Number: 284
  • Address - Street Name: Reed
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R009
  • 4-Digit Zip Code: 1170
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $333,900

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 463,922
  • High Value: 542,333
  • Low Value: 385,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,000
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $275,200

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6837
  • Previous Sale Recording Date: Aug 29, 1990
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: 27

    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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2285 ft²

Average Home Age

70.9 years

Currently For Sale

1156 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# 73070948

Frequently Asked Questions

When was property at 284 Reed Road built and last sold?
The property at 284 Reed Road was built in 1967 and last sold on Apr 21, 2023 for $460,000.
How much is this home worth?
The estimated value of the home located at 284 Reed Road is $452,036.
What are some comparable homes to 284 Reed Road?
There are currently no comparable homes to 284 Reed Road.
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