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Westfield 01085
1 May St.
$260,000
● House - Off Market

1 May St.

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,425 Ft²
$1,533
Est. Monthly

About This Property

Charming Colonial nested on a tranquil dead-end street, just a short walk to Downtown Westfield! The main level boasts a convenient first-floor laundry, a cozy living room, kitchen, a bedroom, and a full bathroom. Upstairs, you'll find two more spacious bedrooms with plenty of closet space, along with a half bath.  Enjoy the fenced-in outdoor area for added privacy.  With easy access to the Mass Pike and Westfield State University, this prime location combines comfort and convenience perfectly!
Unit Size
1,425 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$175
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1930

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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 #73300699)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Nov 16, 2024 In contract -
In contract
Oct 10, 2024 Listed by Berkshire Hathaway HomeServices Realty Professionals $250,000
Listed by Berkshire Hathaway HomeServices Realty Professionals
Oct 16, 2014 Sold
Premium
Sold
Nov 9, 2013 Listed by Berkshire Hathaway HomeServices Realty Professionals $114,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 940
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 1,425
  • Gross Building Area: 2,617
  • Building Area: 1,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,425
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westfield School District
  • School Tax School District: WESTFIELD SD
  • Census Tract: 812701

Geography

  • Parcel: WFLD M:60 L:22
  • Lot: 22
  • Municipality: WESTFIELD
  • Latitude: 42.1229
  • Longitude: -72.7542

    Address

  • Full Address: 1 May St
  • Address - House Number: 1
  • Address - Street Name: May
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2828
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,000

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 264,376
  • High Value: 318,892
  • Low Value: 209,861

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,700
  • Assessed Land Value: $75,900
  • Assessed Improvements Value: $130,800

    Sales

  • Current Sale Recording Date: Oct 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51789
  • Previous Sale Recording Date: Aug 10, 2006
  • 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 Westfield

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2142 ft²

Average Home Age

68.7 years

Currently For Sale

68 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: 4 months ago
Data Source: MLS PIN, MLS# 73300699

Frequently Asked Questions

When was property at 1 May Street built and last sold?
The property at 1 May Street was built in 1930 and last sold on Jan 1, 1970 for $111,500.
How much is this home worth?
The estimated value of the home located at 1 May Street is $245,873.
What are some comparable homes to 1 May Street?
There are currently no comparable homes to 1 May Street.
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