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Norfolk 02090
85 Forbes Road
$715,500
● House - Off Market

85 Forbes Road

Westwood, MA 02090
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,448 Ft²
$1,193,375
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

The possibilities are endless! Sprawling 3 bedroom, 2.5 bath split level home on level lot in great commuter location. Walk up to open floor plan eat in kitchen with island and family room with cathedral ceiling.  Dining room and formal fireplaced living room with great flow and room for entertaining.   Master suite with master bathroom and jacuzzi tub,  walk-in closet and dressing area. Laundry on the main level. Finished lower level includes a huge playroom with walk out to yard, den with fireplace, workshop,  cedar closet, half bath and multiple closets and storage areas.  Superior commuting location to either routes 128, 95 commuter rail and for shopping and dining at Legacy Place and University Station.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$326
Property Type
House
Property Taxes
$792
HOA Dues
-
Year Built
1964

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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 #72402557)

Price History

Date / Event Date Event Price
Dec 6, 2018 Sold
Premium
Sold
Sep 27, 2018 Listed by Gibson Sotheby's International Realty $799,000
Listed by Gibson Sotheby's International Realty
Jan 12, 1990 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 9
  • Basement Area: 1,140
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,056
  • Total Building Area: 2,448
  • Gross Building Area: 6,067
  • Building Area: 2,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 412300

Geography

  • Account Number: 3016
  • Parcel: WWOO M:025 B:000 L:029
  • Lot: 29
  • Municipality: WESTWOOD
  • Latitude: 42.2133
  • Longitude: -71.1699

    Address

  • Full Address: 85 Forbes Rd
  • Address - House Number: 85
  • Address - Street Name: Forbes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westwood
  • Carrier Code: C011
  • 4-Digit Zip Code: 2223
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 77
  • Final Value: 1,115,509
  • High Value: 1,312,078
  • Low Value: 918,941

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $827,100
  • Assessed Land Value: $411,100
  • Assessed Improvements Value: $416,000

    Sales

  • Current Sale Contract Date: Nov 29, 2018
  • Current Sale Recording Date: Dec 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108849
  • Previous Sale Recording Date: Jan 12, 1990
  • Previous Sale Amount: $380,000
  • 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:

$756,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2503 ft²

Average Home Age

60.8 years

Currently For Sale

1437 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# 72402557

Frequently Asked Questions

When was property at 85 Forbes Road built and last sold?
The property at 85 Forbes Road was built in 1964 and last sold on Nov 29, 2018 for $715,500.
How much is this home worth?
The estimated value of the home located at 85 Forbes Road is $814,357.
What are some comparable homes to 85 Forbes Road?
There are currently no comparable homes to 85 Forbes Road.
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