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Oxford 01540
55 Forest St
$295,000
● House - Off Market

55 Forest St

Oxford, MA 01540
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,075 Ft²
$296,592
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Great opportunity to get into a ranch home with a nice view of McKinstry Pond. Enjoy one level living! Bonus room when you enter the house, could be used as an office, playroom or dining area.  It is open to the living room, connecting the spaces.  The large window shows off the pretty water view.  The decorative fireplace is a nice centerpiece of the room.  A breakfast bar separates the LR and kitchen, with a spot for hanging pans.  Bright white cabinets with plenty of storage.  Kitchen has stainless steel appliances.  New blown in cellulose insulation in the attic.  Central air and heat pump added in the last couple of years.  Hot water heater is brand new.  Back yard has been re-seeded. Title V has been done, waiting for report.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$270
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1952

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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 #72997255)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by RE/MAX Advantage 1 $289,900
Listed by RE/MAX Advantage 1
Jan 26, 2018 Sold
Premium
Sold
Oct 20, 2017 Listed by RE/MAX Advantage 1 $199,900
Listed by RE/MAX Advantage 1
Dec 28, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,075
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,050
  • Gross Building Area: 2,100
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Oxford School District
  • School Tax School District: OXFORD SD
  • Census Tract: 753200

Zoning

  • Zoning: R3

Geography

  • Account Number: 29AC41
  • Parcel: OXFO M:29A B:C41
  • Block: C41
  • Municipality: OXFORD
  • Latitude: 42.1276
  • Longitude: -71.8686

    Address

  • Full Address: 55 Forest St
  • Address - House Number: 55
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Oxford
  • Carrier Code: C001
  • 4-Digit Zip Code: 1633
  • Zip Code: 01540

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $400,900

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 318,443
  • High Value: 382,505
  • Low Value: 254,381

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $297,400
  • Assessed Land Value: $82,900
  • Assessed Improvements Value: $214,500

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81215
  • Previous Sale Recording Date: Jan 26, 2018
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: O
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 Oxford

Stats & Trends

Median Asking:

$417,000

Sale Price/ft²

$287

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1970 ft²

Average Home Age

63.8 years

Currently For Sale

20 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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Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72997255

Frequently Asked Questions

When was property at 55 Forest Street built and last sold?
The property at 55 Forest Street was built in 1952 and last sold on Jul 25, 2022 for $295,000.
How much is this home worth?
The estimated value of the home located at 55 Forest Street is $286,917.
What are some comparable homes to 55 Forest Street?
There are currently no comparable homes to 55 Forest Street.
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