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Norfolk 02090
416 Far Reach Road
$1,250,000
● House - Off Market

416 Far Reach Road

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,800 Ft²
$2,620,772
RealtyHop Estimate
87.33%
Since Aug 1, 2004
MA-Boston
Primary Model

About This Property

Beautiful Westwood home boasts 4 bedrooms, two full and 2 half baths. Stunning open floor plan features elegant fireplaced formal living room, fabulous fireplaced family room with cathedral ceilings, an office on the first floor with custom built-in. Finished lower level with wonderful light with a slider to outdoors.lower level included in 4800 sq ft.
Unit Size
4,800 Ft²
Days on Market
-
Land Size
1.37 acres
Price per sqft
$291
Property Type
House
Property Taxes
$1,065
HOA Dues
-
Year Built
1993

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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 #70034654)

Price History

Date / Event Date Event Price
Jul 26, 2004 Sold
Premium
Sold
May 14, 2004 Listed by Coldwell Banker Residential Brokerage - Westwood $1,399,000
Listed by Coldwell Banker Residential Brokerage - Westwood
Jan 8, 1999 Sold
Premium
Sold
Sep 21, 1998 Listed by Coldwell Banker Residential Brokerage - Westwood $865,000
Listed by Coldwell Banker Residential Brokerage - Westwood

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 4
  • 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: 9
  • Basement Area: 1,741
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,038
  • Total Building Area: 3,386
  • Gross Building Area: 7,399
  • Building Area: 3,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001378
  • 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: 412200

Geography

  • Account Number: 150
  • Parcel: WWOO M:004 B:000 L:017
  • Lot: 17
  • Municipality: WESTWOOD
  • Latitude: 42.2454
  • Longitude: -71.2308

    Address

  • Full Address: 416 Far Reach Rd
  • Address - House Number: 416
  • Address - Street Name: Far Reach
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westwood
  • Carrier Code: C016
  • 4-Digit Zip Code: 1074
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,078,600

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,998,584
  • High Value: 2,308,122
  • Low Value: 1,689,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,453,600
  • Assessed Land Value: $684,400
  • Assessed Improvements Value: $769,200

    Sales

  • Current Sale Recording Date: Jul 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 153920
  • Previous Sale Recording Date: Jan 08, 1999
  • Previous Sale Amount: $827,500
  • Previous Sale Document Type: 48
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

2564 ft²

Average Home Age

60.2 years

Currently For Sale

1428 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: 5 months ago
Data Source: MLS PIN, MLS# 70034654

Frequently Asked Questions

When was property at 416 Far Reach Road built and last sold?
The property at 416 Far Reach Road was built in 1993 and last sold on Jan 1, 1970 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 416 Far Reach Road is $1,419,811.
What are some comparable homes to 416 Far Reach Road?
There are currently no comparable homes to 416 Far Reach Road.
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