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Norfolk 02090
49 Margery Ln
$1,750,000
● House - Off Market

49 Margery Ln

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,037 Ft²
$10,476
Est. Monthly

About This Property

This immaculate Colonial home is a true treasure awaiting its next owners to embrace its beauty. With 4 spacious bedrooms and 3.5 baths, this residence provides ample room and comfort for you and your family. Situated in the sought-after locale of Martha Jones School, this property offers the ideal mix of contemporary amenities and timeless sophistication. Meticulously maintained and thoughtfully updated, Breathtaking kitchen and family room that views spacious and private backyard, larger primary suite, new furnace and water tank, Don't let this opportunity slip away to own a home where modern luxury meets classic charm.
Unit Size
5,037 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$356
Property Type
House
Property Taxes
$1,662
HOA Dues
-
Year Built
1979

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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 #73243265)

Price History

Date / Event Date Event Price
Aug 22, 2024 Sold
Premium
Sold
Jul 18, 2024 In contract -
In contract
Jul 3, 2024 Price Decreased $1,795,000
↓ $80K (4.3%)
Price Decreased
Jul 3, 2024 Relisted $1,875,000
Relisted
Jun 24, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 5
  • 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: 1,260
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,307
  • Total Building Area: 3,491
  • Gross Building Area: 6,423
  • Building Area: 3,491
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,491
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000948
  • 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: 4673
  • Parcel: WWOO M:034 B:000 L:134
  • Lot: 134
  • Municipality: WESTWOOD
  • Latitude: 42.1972
  • Longitude: -71.2406

    Address

  • Full Address: 49 Margery Ln
  • Address - House Number: 49
  • Address - Street Name: Margery
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westwood
  • Carrier Code: C013
  • 4-Digit Zip Code: 3115
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,752,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 1,726,127
  • High Value: 2,006,630
  • Low Value: 1,445,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,225,400
  • Assessed Land Value: $570,200
  • Assessed Improvements Value: $655,200

    Sales

  • Current Sale Recording Date: Mar 01, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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# 73243265

Frequently Asked Questions

When was property at 49 Margery Lane built and last sold?
The property at 49 Margery Lane was built in 1979 and last sold on Jan 1, 1970 for $587,500.
How much is this home worth?
The estimated value of the home located at 49 Margery Lane is $1,766,032.
What are some comparable homes to 49 Margery Lane?
There are currently no comparable homes to 49 Margery Lane.
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