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Westfield 01085
118 Western Cir
$345,000
● House - Off Market

118 Western Cir

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,449 Ft²
$313,492
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

This well-kept home is within walking distance of Westfield State University and Stanley Park and still only minutes away from the amenities of downtown Westfield and the Mass Pike.  Tucked away at the apex of Western Circle, it's backyard is tranquil and filled with possibilities; giving view to forested land and wetlands.  An enormous attached garage with two bay doors, one in front and one in back, is versatile with upper floors for storage and two electric door openers.  The exterior is freshly painted.  With hardwood floors throughout (even under the carpets), two full baths, a screened-in porch, central A/C and a finished room in the basement, this home is waiting for you to move in and add your own touches!
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$214
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1955

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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 #72978702)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 10, 2022 Listed by Keller Williams Realty $309,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,600
  • Total Building Area: 1,449
  • Gross Building Area: 3,926
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000978
  • 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:83 L:40
  • Lot: 40
  • Municipality: WESTFIELD
  • Latitude: 42.1258
  • Longitude: -72.7985

    Address

  • Full Address: 118 Western Cir
  • Address - House Number: 118
  • Address - Street Name: Western
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 3421
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,700

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 370,346
  • High Value: 436,605
  • Low Value: 304,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,000
  • Assessed Land Value: $119,700
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 39752
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

2142 ft²

Average Home Age

68.7 years

Currently For Sale

68 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# 72978702

Frequently Asked Questions

When was property at 118 Western Circle built and last sold?
The property at 118 Western Circle was built in 1955 and last sold on Jun 22, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 118 Western Circle is $315,769.
What are some comparable homes to 118 Western Circle?
There are currently no comparable homes to 118 Western Circle.
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