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Norfolk 02090
88 Mayfair
$580,000
● House - Off Market

88 Mayfair

Westwood, MA 02090
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$680,493
RealtyHop Estimate
13.60%
Since Nov 1, 2021
MA-Boston
Primary Model

About This Property

Opportunity knocks! Look at the size of this lot 23,000+ ! Sweet ranch great for  1st time homebuyers,  contractors, empty nesters, and those wanting to enter the  Westwood market and enjoy all that the town offers!. Fabulous neighborhood close to 109.  Same owners for  almost 30 years. This sweet 2 bedroom ranch is perched high on a knoll surrounded by a secluded wooded lot. There is a bonus room in the basement approx 20' by 10.9 and a 1 car garage under. Brick side patio to enjoy evening BBQ's. Oversized storage shed for bikes, kayaks, tools etc. Sellers are actively looking for a new place to call home. House sold AS IS.  Please park on Mayfair and walk up the driveway. Agent is related to seller.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$624
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1956

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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 years ago (MLSPIN #72851389)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Keller Williams Realty North Central $599,000
Listed by Keller Williams Realty North Central

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,148
  • Total Building Area: 960
  • Gross Building Area: 1,920
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000531
  • 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: 1754
  • Parcel: WWOO M:020 B:000 L:133
  • Lot: 133
  • Municipality: WESTWOOD
  • Latitude: 42.2166
  • Longitude: -71.2295

    Address

  • Full Address: 88 Mayfair Dr
  • Address - House Number: 88
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westwood
  • Carrier Code: C012
  • 4-Digit Zip Code: 2726
  • Zip Code: 02090

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739,900

    Appraisal Valuation

  • Standard Deviation: 0.1512
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 708,964
  • High Value: 816,203
  • Low Value: 601,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,400
  • Assessed Land Value: $375,700
  • Assessed Improvements Value: $141,700

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 138623
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:

$753,900

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2523 ft²

Average Home Age

60.5 years

Currently For Sale

1450 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 years ago
Data Source: MLS PIN, MLS# 72851389

Frequently Asked Questions

When was property at 88 Mayfair Drive built and last sold?
The property at 88 Mayfair Drive was built in 1956 and last sold on Oct 29, 2021 for $585,000.
How much is this home worth?
The estimated value of the home located at 88 Mayfair Drive is $0.
What are some comparable homes to 88 Mayfair Drive?
There are currently no comparable homes to 88 Mayfair Drive.
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