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Westfield 01085
1050 Russell Rd
$187,500
● House - Off Market

1050 Russell Rd

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$309,615
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

LOOK NO FURTHER!! This Westfield home has it ALL!! The open and inviting floor plan features a fully applianced kitchen with breakfast bar opens to spacious dining area with sliders out to covered deck overlooking the private fenced back yard; sun filled living room with picture windows;GORGEOUS & REMODELED first level complete with recessed lighting, wood trim, Berber carpet and fresh laminate flooring offers additional living space for family room and home office (or 4th bedroom you choose!); Energy efficient pellet stove-Seller generously leaving remainder of pellets for lucky buyer! LOCATION!!!! Close proximity to major routes, area amenities and walking distance to the Westfield River.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$117
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1987

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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 #72082986)

Price History

Date / Event Date Event Price
Mar 30, 2017 Sold
Premium
Sold
Oct 18, 2016 Listed by Real Living Realty Professionals, LLC $187,900
Listed by Real Living Realty Professionals, LLC
Aug 14, 2009 Sold
Premium
Sold
Apr 15, 2009 Listed by Real Living Realty Professionals, LLC $195,000
Listed by Real Living Realty Professionals, LLC
May 31, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,002
  • Total Building Area: 1,035
  • Gross Building Area: 2,155
  • Building Area: 1,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,035
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000918
  • 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: 812902

Geography

  • Parcel: WFLD M:32-R L:34
  • Lot: 34
  • Municipality: WESTFIELD
  • Latitude: 42.1433
  • Longitude: -72.8095

    Address

  • Full Address: 1050 Russell Rd
  • Address - House Number: 1050
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 2100
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,900

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 316,074
  • High Value: 374,802
  • Low Value: 257,347

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,700
  • Assessed Land Value: $94,000
  • Assessed Improvements Value: $162,700

    Sales

  • Current Sale Recording Date: Mar 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16813
  • Previous Sale Recording Date: Aug 14, 2009
  • Previous Sale Amount: $192,000
  • 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:

$382,450

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2165 ft²

Average Home Age

74.6 years

Currently For Sale

55 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# 72082986

Frequently Asked Questions

When was property at 1050 Russell Road built and last sold?
The property at 1050 Russell Road was built in 1987 and last sold on Jan 1, 1970 for $187,500.
How much is this home worth?
The estimated value of the home located at 1050 Russell Road is $196,399.
What are some comparable homes to 1050 Russell Road?
There are currently no comparable homes to 1050 Russell Road.
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