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Westfield 01085
122 Old Farm Rd
$258,500
● House - Off Market

122 Old Farm Rd

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,298 Ft²
$456,341
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

A spacious comfortable home with a large deck overlooking a .96 acre wooded lot. The attached one car garage is oversized. All the space you need with a nice large living room with fireplace, a dining room, kitchen, big family room, four bedrooms, den and two and a half baths. Hard Wood on most of the floors, some with weathered wide pegged planking.  Charming Dutch Doors front and back. Replacement Windows. The owner has recently replaced the garage door, front door and storm doors.  For your enjoyment, the lot conveniently abuts the Westfield Columbia Greenway Rail Trail, a two mile paved pathway through Westfield with a connection to the Southwick Rail Trail that continues another 7 miles. Come take a look to see if this home, located in a very desirable Westfield neighborhood is the one for you.
Unit Size
2,298 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$115
Property Type
House
Property Taxes
$386
HOA Dues
-
Year Built
1974

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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 #71947213)

Price History

Date / Event Date Event Price
Apr 15, 2016 Sold
Premium
Sold
Jan 10, 2016 Listed by Witalisz & Associates, Inc. $264,900
Listed by Witalisz & Associates, Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 1,128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,630
  • Total Building Area: 2,298
  • Gross Building Area: 4,368
  • Building Area: 2,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,298
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000956
  • 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:146 L:34
  • Lot: 34
  • Municipality: WESTFIELD
  • Latitude: 42.0894
  • Longitude: -72.7454

    Address

  • Full Address: 122 Old Farm Rd
  • Address - House Number: 122
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5020
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,400

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 429,535
  • High Value: 512,768
  • Low Value: 346,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,400
  • Assessed Land Value: $119,900
  • Assessed Improvements Value: $202,500

    Sales

  • Current Sale Recording Date: Apr 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21055
  • Previous Sale Recording Date: Mar 01, 2010
  • 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:

$384,950

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2190 ft²

Average Home Age

74 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71947213

Frequently Asked Questions

When was property at 122 Old Farm Road built and last sold?
The property at 122 Old Farm Road was built in 1974 and last sold on Jan 1, 1970 for $258,500.
How much is this home worth?
The estimated value of the home located at 122 Old Farm Road is $276,649.
What are some comparable homes to 122 Old Farm Road?
There are currently no comparable homes to 122 Old Farm Road.
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