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Westfield 01085
109 Joseph Ave
$312,000
● House - Off Market

109 Joseph Ave

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$298,784
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Discover this gem of a Split-Level style home. The inviting Living Room, accentuated by Hardwood Floors and a wood-burning Fireplace, flows seamlessly into a spacious Dine-in Kitchen that opens to a picturesque backyard. Upstairs, three ample-sized Bedrooms offer generous closet space and lead to a Full Bathroom with tiled flooring. The versatile Family Room provides dual access to both the outdoors and garage. Nestled in a well-maintained yard with two storage sheds, the home stands out with recent enhancements, including a new driveway, a 2023 roof, and a connection to the public sewer in 2020. This property perfectly combines aesthetic appeal with durability.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$298
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1960

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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 #73150004)

Price History

Date / Event Date Event Price
Oct 10, 2023 Sold
Premium
Sold
Sep 6, 2023 In contract -
In contract
Aug 30, 2023 Relisted $210,000
Relisted
Aug 23, 2023 In contract -
In contract
Aug 17, 2023 Listed by Coldwell Banker Realty - Western MA $299,900
Listed by Coldwell Banker Realty - Western MA
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 41
  • 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: 6
  • Basement Area: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,520
  • Total Building Area: 1,008
  • Gross Building Area: 1,968
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD HILL
  • Land Acres: 0000000609
  • 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: 812500

Geography

  • Parcel: WFLD M:266 L:14
  • Lot: 14
  • Municipality: WESTFIELD
  • Latitude: 42.1268
  • Longitude: -72.7074

    Address

  • Full Address: 109 Joseph Ave
  • Address - House Number: 109
  • Address - Street Name: Joseph
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1863
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,800

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 309,840
  • High Value: 371,532
  • Low Value: 248,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,100
  • Assessed Land Value: $104,200
  • Assessed Improvements Value: $148,900

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47994
  • Previous Sale Recording Date: Aug 31, 2020
  • Previous Sale Contract Date: Aug 28, 2020
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: O
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:

$384,950

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2160 ft²

Average Home Age

73.8 years

Currently For Sale

57 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: 5 months ago
Data Source: MLS PIN, MLS# 73150004

Frequently Asked Questions

When was property at 109 Joseph Avenue built and last sold?
The property at 109 Joseph Avenue was built in 1960 and last sold on Oct 10, 2023 for $312,000.
How much is this home worth?
The estimated value of the home located at 109 Joseph Avenue is $296,318.
What are some comparable homes to 109 Joseph Avenue?
There are currently no comparable homes to 109 Joseph Avenue.
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