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Norwood 02062
86 Devon
$701,500
● House - Off Market

86 Devon

Norwood, MA 02062
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,799 Ft²
$669,687
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Westover Estates! Welcome home to this charming 4-bedroom, 1.5-bathroom, Raised Ranch-style home. This well-loved and well-maintained family home of 54 years offers an in-ground pool with a new liner (Aug 2023), a solar heater for the pool, hardwood floors, a newer roof (2014), and a young Heating System (2011). The professionally landscaped yard includes young gardens, making this the perfect home to start your next chapter in. The gracious living room with a wood-burning fireplace is open to the dining room making for easy entertaining! The lower level includes a large family room and a home office or a 4th bedroom and a half bathroom. Shopping, dining, Norwood Center & Norwood High school and elementary schools are all close by!
Unit Size
1,799 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$375
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1961

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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 #73161168)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 19, 2023 Listed by Coldwell Banker Realty - Westwood $675,000
Listed by Coldwell Banker Realty - Westwood
May 16, 1968 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,040
  • Total Building Area: 1,452
  • Gross Building Area: 2,690
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Norwood School District
  • School Tax School District: NORWOOD SD
  • Census Tract: 413300

Geography

  • Parcel: NORW M:00011 B:00029 L:00099
  • Block: 29
  • Lot: 99
  • Municipality: NORWOOD
  • Latitude: 42.188
  • Longitude: -71.2251

    Address

  • Full Address: 86 Devon Rd
  • Address - House Number: 86
  • Address - Street Name: Devon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Norwood
  • Carrier Code: C023
  • 4-Digit Zip Code: 1624
  • Zip Code: 02062

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,700

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 675,873
  • High Value: 790,132
  • Low Value: 561,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,400
  • Assessed Land Value: $338,200
  • Assessed Improvements Value: $284,200

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Oct 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70673
  • Previous Sale Recording Date: May 16, 1968
  • Previous Sale Amount: $29,000
  • 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 Norwood

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$427

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2194 ft²

Average Home Age

62.3 years

Currently For Sale

37 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: 4 months ago
Data Source: MLS PIN, MLS# 73161168

Frequently Asked Questions

When was property at 86 Devon Road built and last sold?
The property at 86 Devon Road was built in 1961 and last sold on Oct 27, 2023 for $701,500.
How much is this home worth?
The estimated value of the home located at 86 Devon Road is $686,934.
What are some comparable homes to 86 Devon Road?
There are currently no comparable homes to 86 Devon Road.
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