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Westfield 01085
1071 Shaker Rd
$350,000
● House - Off Market

1071 Shaker Rd

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,944 Ft²
$2,122
Est. Monthly

About This Property

A cape style home with everything under the sun! 4 generous size bedrooms and 2 completely remodeled bathrooms help this house check every box. Large eat-in style kitchen and fireplace complemented living entirely updated throughout! This home comes with a newer heat and ac system as well as a new septic. There is truly no maintenance headaches or concerns. This home could not be more move in ready!
Unit Size
1,944 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1970

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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 #73257920)

Price History

Date / Event Date Event Price
Sep 4, 2024 Sold
Premium
Sold
Jul 21, 2024 In contract -
In contract
Jun 26, 2024 Listed by Lock and Key Realty Inc. $350,000
Listed by Lock and Key Realty Inc.
Sep 23, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by Lock and Key Realty Inc. $329,900
Listed by Lock and Key Realty Inc.
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,700
  • Total Building Area: 1,944
  • Gross Building Area: 3,456
  • Building Area: 1,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000728
  • 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: 812600

Geography

  • Parcel: WFLD M:141 L:17
  • Lot: 17
  • Municipality: WESTFIELD
  • Latitude: 42.0952
  • Longitude: -72.7468

    Address

  • Full Address: 1071 Shaker Rd
  • Address - House Number: 1071
  • Address - Street Name: Shaker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5028
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $465,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2007
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 369,685
  • High Value: 443,892
  • Low Value: 295,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $274,200
  • Assessed Land Value: $106,200
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 57372
  • Previous Sale Recording Date: Apr 15, 2022
  • Previous Sale Contract Date: Mar 07, 2022
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71

    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:

$377,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2216 ft²

Average Home Age

66.4 years

Currently For Sale

62 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73257920

Frequently Asked Questions

When was property at 1071 Shaker Road built and last sold?
The property at 1071 Shaker Road was built in 1970 and last sold on Sep 23, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 1071 Shaker Road is $355,951.
What are some comparable homes to 1071 Shaker Road?
There are currently no comparable homes to 1071 Shaker Road.
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