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North Westport 02790
59 Forge Road
$385,000
● House - Off Market

59 Forge Road

Westport, MA 02790
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$447,113
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This Raised Ranch features 4 spacious bedrooms, 2 bathrooms, dining area w/sliders to deck, living room, some hardwood floors, finished basement has family room with a fireplace, wet bar and laundry room, central A/C, one car attached garage, double driveway, very large yard. The roof is one-year-old, boiler and windows are about 22 years old. Range, Refrigerator, Washer and Dryer. Easy highway access and amenities. Some TLC is needed but renovations will be well worth the effort. This is a diamond in the rough!!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$265
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
2000

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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 #73013203)

Price History

Date / Event Date Event Price
Sep 19, 2022 Sold
Premium
Sold
Jul 16, 2022 Listed by Ponte & Associates Real Estate $429,900
Listed by Ponte & Associates Real Estate

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,400
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,500
  • Gross Building Area: 4,125
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646101

Zoning

  • Zoning: R1

Geography

  • Account Number: 8808
  • Parcel: WPOR M:28 L:8M
  • Lot: 8M
  • Municipality: WESTPORT
  • Latitude: 41.6414
  • Longitude: -71.054

    Address

  • Full Address: 59 Forge Rd
  • Address - House Number: 59
  • Address - Street Name: Forge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R009
  • 4-Digit Zip Code: 1001
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $317,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 512,230
  • High Value: 612,717
  • Low Value: 411,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $410,900
  • Assessed Land Value: $121,500
  • Assessed Improvements Value: $289,400

    Sales

  • Current Sale Contract Date: Sep 19, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21079
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 North Westport

Stats & Trends

Median Asking:

$592,500

Sale Price/ft²

$352

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1569 ft²

Average Home Age

70.2 years

Currently For Sale

9 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# 73013203

Frequently Asked Questions

When was property at 59 Forge Road built and last sold?
The property at 59 Forge Road was built in 2000 and last sold on Sep 19, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 59 Forge Road is $453,274.
What are some comparable homes to 59 Forge Road?
There are currently no comparable homes to 59 Forge Road.
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