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Norfolk 02090
78 Locust Drive
$675,000
● House - Off Market

78 Locust Drive

Westwood, MA 02090
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,848 Ft²
$1,198,171
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Beautifully maintained Split in the Martha Jones School District This Home offer all the comforts of living from the moment you walk through the front door. Gracious front entrance with wide steps and custom railings, First floor offers spacious kitchen with breakfast area, living room,,dining room, family room. 3 spacious bedrooms and 2 full baths Lower level offers 1half bath. large living rooms with fireplace, office, bonus room and possible 4 bedroom with walk-out leading to a gorgeous Giunite Pool. Don't miss this opportunity. Show and Sell!!!
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$373
Property Type
House
Property Taxes
$877
HOA Dues
-
Year Built
1968

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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: 4 months ago (MLSPIN #71864130)

Price History

Date / Event Date Event Price
Mar 26, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed by Coldwell Banker Residential Brokerage - Westwood $995,000
Listed by Coldwell Banker Residential Brokerage - Westwood
Sep 9, 2015 Sold
Premium
Sold
Jun 25, 2015 Listed by Coldwell Banker Residential Brokerage - Westwood $689,000
Listed by Coldwell Banker Residential Brokerage - Westwood

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,848
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,120
  • Total Building Area: 1,848
  • Gross Building Area: 4,574
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000921
  • 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: 412100

Geography

  • Account Number: 4217
  • Parcel: WWOO M:035 B:000 L:204
  • Lot: 204
  • Municipality: WESTWOOD
  • Latitude: 42.1986
  • Longitude: -71.2287

    Address

  • Full Address: 78 Locust Dr
  • Address - House Number: 78
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westwood
  • Carrier Code: C013
  • 4-Digit Zip Code: 3209
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,528,000

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,357,495
  • High Value: 1,588,703
  • Low Value: 1,126,287

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,068,500
  • Assessed Land Value: $475,400
  • Assessed Improvements Value: $593,100

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39746
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Amount: $675,000
  • 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 Norfolk

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2629 ft²

Average Home Age

59.8 years

Currently For Sale

1318 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71864130

Frequently Asked Questions

When was property at 78 Locust Drive built and last sold?
The property at 78 Locust Drive was built in 1968 and last sold on Mar 26, 2021 for $1,112,000.
How much is this home worth?
The estimated value of the home located at 78 Locust Drive is $1,020,843.
What are some comparable homes to 78 Locust Drive?
There are currently no comparable homes to 78 Locust Drive.
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