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Norfolk 02090
43 Lanark Dr
$1,060,000
● House - Off Market

43 Lanark Dr

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,208 Ft²
$1,104,363
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

4BR, 2.5 Bath Colonial meticulously maintained and set on .35 acre private level corner lot. This home features a bright kitchen with new stainless steel appliances. Dining room opens to inviting deck overlooking above ground pool and professionally-landscaped grounds. Fireplaced living room, formal dining room with built in china cabinet and a spacious family room complete the first floor. The second floor has 4 good sized bedrooms (one bedroom currently being used as an office) and a master suite with jacuzzi tub. An additional finished bonus room in the basement. H/W floors throughout. Easy access to 128, town center, commuter rails, shopping, etc.
Unit Size
2,208 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$434
Property Type
House
Property Taxes
$829
HOA Dues
-
Year Built
1939

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72823457)

Price History

Date / Event Date Event Price
Jun 16, 2021 Sold
Premium
Sold
Apr 29, 2021 Listed by Coldwell Banker Realty - Lexington $959,000
Listed by Coldwell Banker Realty - Lexington

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 624
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,060
  • Total Building Area: 1,914
  • Gross Building Area: 3,498
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 1931
  • Parcel: WWOO M:020 B:000 L:027
  • Lot: 27
  • Municipality: WESTWOOD
  • Latitude: 42.2197
  • Longitude: -71.2353

    Address

  • Full Address: 43 Lanark Dr
  • Address - House Number: 43
  • Address - Street Name: Lanark
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westwood
  • Carrier Code: C012
  • 4-Digit Zip Code: 2638
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,214,200

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,208,996
  • High Value: 1,413,222
  • Low Value: 1,004,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $849,100
  • Assessed Land Value: $353,800
  • Assessed Improvements Value: $495,300

    Sales

  • Current Sale Contract Date: Jun 16, 2021
  • Current Sale Recording Date: Jun 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78367
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

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2621 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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 years ago
Data Source: MLS PIN, MLS# 72823457

Frequently Asked Questions

When was property at 43 Lanark Drive built and last sold?
The property at 43 Lanark Drive was built in 1939 and last sold on Jun 16, 2021 for $1,060,000.
How much is this home worth?
The estimated value of the home located at 43 Lanark Drive is $0.
What are some comparable homes to 43 Lanark Drive?
There are currently no comparable homes to 43 Lanark Drive.
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