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Norfolk 02090
69 Lorraine Road
Photo of 69 Lorraine Road
Sold on Apr 21, 2006

1

Map

$425,000
● House - Off Market

69 Lorraine Road

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,152 Ft²
$806,425
RealtyHop Estimate
79.25%
Since May 1, 2006
MA-Boston
Primary Model

About This Property

Excellent opportunity for builders and contractors. Location,location,location! Home is in a very desirable area near more expensive homes.  7+ rooms on picturesque, almost 1/2 acre level lot on side street. Home needs major renovations, and is being offered for sale in "as is condition." Home has hardwood floors, 2 fireplaces, newer electric. Lower levels have additional square footage of approximately 160+ square feet. Walk to town center and library. Easy access to Route 128 and trains.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$391
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1958

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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: 4 months ago (MLSPIN #70359220)

Price History

Date / Event Date Event Price
Aug 4, 2006 Sold
Premium
Sold
Apr 21, 2006 Sold
Premium
Sold
Apr 3, 2006 Listed $449,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,104
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,080
  • Total Building Area: 3,450
  • Gross Building Area: 7,235
  • Building Area: 3,450
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,450
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTWOOD
  • Land Acres: 0000000461
  • 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: 412200

Geography

  • Account Number: 649
  • Parcel: WWOO M:009 B:000 L:213
  • Lot: 213
  • Municipality: WESTWOOD
  • Latitude: 42.236
  • Longitude: -71.2211

    Address

  • Full Address: 69 Lorraine Rd
  • Address - House Number: 69
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westwood
  • Carrier Code: C004
  • 4-Digit Zip Code: 1039
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,328,600

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,247,729
  • High Value: 1,438,523
  • Low Value: 1,056,934

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $929,100
  • Assessed Land Value: $357,600
  • Assessed Improvements Value: $571,500

    Sales

  • Current Sale Recording Date: Aug 04, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 114911
  • Previous Sale Recording Date: Apr 21, 2006
  • Previous Sale Amount: $425,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2622 ft²

Average Home Age

59.6 years

Currently For Sale

1323 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: 4 months ago
Data Source: MLS PIN, MLS# 70359220

Frequently Asked Questions

When was property at 69 Lorraine Road built and last sold?
The property at 69 Lorraine Road was built in 1958 and last sold on Jan 1, 1970 for $539,000.
How much is this home worth?
The estimated value of the home located at 69 Lorraine Road is $455,268.
What are some comparable homes to 69 Lorraine Road?
There are currently no comparable homes to 69 Lorraine Road.
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