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138 Forbes Rd Westwood — Photo 1 of 40

138 Forbes Rd Westwood — Photo 1 of 40

$1,299,000

Investment Analysis — 138 Forbes Rd

Westwood, MA 02090

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02090 carries an estimated $4,250/mo in gross rent — about a 1.94% cap rate and $25,190/yr in estimated NOI at the $1,299,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,632

Style

Single Family

Built

1974

Welcome to this classic 4-bedroom, 2.5-bath Colonial offering timeless charm and inviting spaces throughout. The spacious kitchen features a unique half-round dining addition with a wall of windows and built-in window seating overlooking the in-ground pool and beautifully manicured grounds—perfect for everyday dining or entertaining. The fireplaced family room is enhanced by custom millwork, while the formal living and dining rooms feature picture and bay windows that fill the spaces with natural light. A bright sunroom with a Palladian window and double sliders creates a seamless connection to the outdoors. Upstairs, four comfortable bedrooms include a private primary en-suite. Additional highlights include beautiful hardwood floors, natural gas heat, two-car garage and a desirable location near Downey Elementary - A Massachusetts School of Recognition. Nestled in an established neighborhood, this home is just moments from the shops and amenities of University Avenue, with easy commuter access to Route 95.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,632 sq ft principal dwelling). Lot size: 20,350 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,299,000
Annual Taxes$13,570

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Hardwood
BasementFull, Interior Entry, Bulkhead, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.47
SqFt Lot20,350
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Golf • Highway Access • Private School • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Picture

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

Skylight, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Window Seat

Family Room
Lvl First

Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood

Listing Provided By

Listing Agent: William Concannon

Listing Office: Louise Condon Realty

MLS® Number: 73585576