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Middlesex
55 Forest Street
$715,000
● House - Off Market

55 Forest Street

Sherborn, MA 01770
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,413 Ft²
$793,986
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

Terrific opportunity to own on bucolic Forest Street in Sherborn!  This Contemporary Cape sits nicely on level lot.   It offers cathedral living room with fireplace, updated kitchen with dining area and built-ins. Kitchen opens to sunny family/sunroom with pellet stove and direct entry to13x12 deck overlooking backyard.  First floor direct entry from garage and also a first floor office/study.  The second floor has three bedrooms - including a large suite.  Lower level recreation room has plenty of space also!  All this is in close proximity to Sherborn's notable Rocky Narrows trail system and tranquil Farm Pond.
Unit Size
2,413 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$290
Property Type
House
Property Taxes
$1,008
HOA Dues
-
Year Built
1978

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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: 5 years ago (MLSPIN #72865192)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 14, 2021 Listed by Compass $699,000
Listed by Compass
Aug 31, 2017 Sold
Premium
Sold
Jun 3, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • 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: 7
  • Basement Area: 708
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,927
  • Total Building Area: 2,413
  • Gross Building Area: 3,464
  • Building Area: 2,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,413
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Sherborn School District
  • Census Tract: 386100

Zoning

  • Zoning: RA

Geography

  • Parcel: SHER M:0012 B:0000 L:136
  • Lot: 136
  • Municipality: SHERBORN
  • Latitude: 42.2224
  • Longitude: -71.3561

    Address

  • Full Address: 55 Forest St
  • Address - House Number: 55
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Sherborn
  • Carrier Code: R001
  • 4-Digit Zip Code: 1619
  • Zip Code: 01770

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,234,900

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 859,609
  • High Value: 1,008,087
  • Low Value: 711,131

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $685,700
  • Assessed Land Value: $383,100
  • Assessed Improvements Value: $302,600

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 198841
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Amount: $502,200
  • Previous 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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.4 years

Currently For Sale

3328 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 years ago
Data Source: MLS PIN, MLS# 72865192

Frequently Asked Questions

When was property at 55 Forest Street built and last sold?
The property at 55 Forest Street was built in 1978 and last sold on Sep 7, 2021 for $715,000.
How much is this home worth?
The estimated value of the home located at 55 Forest Street is $0.
What are some comparable homes to 55 Forest Street?
There are currently no comparable homes to 55 Forest Street.
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