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Westfield 01085
100 Valley View Dr
$235,000
● House - Off Market

100 Valley View Dr

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,002 Ft²
$249,070
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Here is your opportunity to own a unique home set on 1.3 acres in the middle of a Westfield neighborhood. Car collector? Hobbyist? This oversize 4 car garage is perfect for setting up your own workshop, hobby area, or boat/toy/car storage - garage has its own driveway right to the garage with space in front for working. This house has 2,000 sq ft of living space with nice size rooms, first level laundry, easily handicap accessible. Let's be honest though ---- it does need some TLC and updating, it's got a flat roof and is on a slab, radiant heat in ceiling, but there is so much potential! Price is accounting for the size of the home; did we mention 1.3 acres and the 4-car garage? Seller is getting estimates to do new septic and removal of inground oil tank prior or at closing...the rest is as-is!
Unit Size
2,002 Ft²
Days on Market
-
Land Size
1.31 acres
Price per sqft
$125
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #73150801)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 18, 2023 In contract -
In contract
Aug 21, 2023 Listed by Park Square Realty $250,000
Listed by Park Square Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 11
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 57,064
  • Total Building Area: 2,002
  • Gross Building Area: 2,272
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001310
  • 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:92 L:13
  • Lot: 13
  • Municipality: WESTFIELD
  • Latitude: 42.1071
  • Longitude: -72.7689

    Address

  • Full Address: 100 Valley View Dr
  • Address - House Number: 100
  • Address - Street Name: Valley View
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C023
  • 4-Digit Zip Code: 4114
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,400

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 317,956
  • High Value: 383,519
  • Low Value: 252,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,000
  • Assessed Land Value: $111,400
  • Assessed Improvements Value: $178,600

    Sales

  • Current Sale Contract Date: Oct 18, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 50992
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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2124 ft²

Average Home Age

65.4 years

Currently For Sale

70 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 months ago
Data Source: MLS PIN, MLS# 73150801

Frequently Asked Questions

When was property at 100 Valley View Drive built and last sold?
The property at 100 Valley View Drive was built in 1950 and last sold on Oct 18, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 100 Valley View Drive is $263,395.
What are some comparable homes to 100 Valley View Drive?
There are currently no comparable homes to 100 Valley View Drive.
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