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Middlesex
54 Forrest Rd
$520,000
● House - Off Market

54 Forrest Rd

Westford, MA 01886
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,626 Ft²
$1,062,270
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Custom contemporary will fulfill the wish-list of discriminating buyers searching for a sophisticated, spacious, move-in ready residence near Nabnassett Lake & CC. Entertain with flair -  this home can accommodate larger groups of guests comfortably. Quality appointments and built-ins. Oversized master bedroom. Walkout lower level recreation room w/bar, full bath. Maintenance-free deck, A/G pool for summer fun. Abundance storage; C/A; security sys., irrigation sys., two car garage. Title V done.
Unit Size
2,626 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$208
Property Type
House
Property Taxes
$650
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 #71529765)

Price History

Date / Event Date Event Price
Jul 23, 2013 Sold
Premium
Sold
May 22, 2013 Listed by Coldwell Banker Residential Brokerage - Chelmsford $545,000
Listed by Coldwell Banker Residential Brokerage - Chelmsford

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 7
  • Basement Area: 1,442
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,757
  • Total Building Area: 2,301
  • Gross Building Area: 5,615
  • Building Area: 2,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,301
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318100

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0077.0 P:0100 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.6221
  • Longitude: -71.4278

    Address

  • Full Address: 54 Forrest Rd
  • Address - House Number: 54
  • Address - Street Name: Forrest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R005
  • 4-Digit Zip Code: 1454
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,063,300

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 911,752
  • High Value: 1,071,280
  • Low Value: 752,223

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $772,200
  • Assessed Land Value: $336,900
  • Assessed Improvements Value: $435,300

    Sales

  • Current Sale Recording Date: Jul 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40228
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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 Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2693 ft²

Average Home Age

65.6 years

Currently For Sale

3350 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: 5 months ago
Data Source: MLS PIN, MLS# 71529765

Frequently Asked Questions

When was property at 54 Forrest Road built and last sold?
The property at 54 Forrest Road was built in 1979 and last sold on Jan 1, 1970 for $520,000.
How much is this home worth?
The estimated value of the home located at 54 Forrest Road is $581,089.
What are some comparable homes to 54 Forrest Road?
There are currently no comparable homes to 54 Forrest Road.
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