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Westfield 01085
10 Putnam Drive
$250,000
● House - Off Market

10 Putnam Drive

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,193 Ft²
$270,303
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

This charming Cape is located in a desirable area near Stanley Park & Tekoa Country Club where neighbors watch out for each other. It features 4 bedrooms, 2 up/2 down. There's more than ample off-street parking and a two-car garage accessed undercover so you stay dry. It's off the main street with easy access to downtown and highways for your shopping and work commute. The ample backyard is private and fenced just waiting for you to install your outdoor entertaining dream. This home has a newer garage door and roof installed in 2017. Come make this lovely spot yours to settle in.
Unit Size
1,193 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$209
Property Type
House
Property Taxes
$319
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: 4 months ago (MLSPIN #72909587)

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold
Premium
Sold
Oct 18, 2021 Listed by HB Real Estate, LLC $249,900
Listed by HB Real Estate, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 3
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 1,193
  • Gross Building Area: 3,398
  • Building Area: 1,193
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,193
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 812901

Geography

  • Parcel: WFLD M:75 L:41
  • Lot: 41
  • Municipality: WESTFIELD
  • Latitude: 42.1272
  • Longitude: -72.7744

    Address

  • Full Address: 10 Putnam Dr
  • Address - House Number: 10
  • Address - Street Name: Putnam
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2626
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,700
  • Initial Tax Delinquent Year: 2016

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 292,388
  • High Value: 350,605
  • Low Value: 234,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,900
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $142,400

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3350

    Financing

  • First Mortgage Financing Type: ADJ
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

2210 ft²

Average Home Age

66.6 years

Currently For Sale

64 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# 72909587

Frequently Asked Questions

When was property at 10 Putnam Drive built and last sold?
The property at 10 Putnam Drive was built in 1964 and last sold on Jan 18, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 10 Putnam Drive is $252,911.
What are some comparable homes to 10 Putnam Drive?
There are currently no comparable homes to 10 Putnam Drive.
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