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Westfield 01085
143 Loomis Ridge
$177,900
● House - Off Market

143 Loomis Ridge

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$661,588
RealtyHop Estimate
278.27%
Since Apr 1, 1996
National-US
Primary Model

About This Property

LOVELY, WOODED LOT, ALMOST TWO ACRES, IN A GREAT NEIGHBOR- HOOD.  THIS HOME HAS A UNIQAUE LAYOUT WITH THREE FIREPLACES. EXTRA WIDE CHERRY WOOD FLOORING THROUGHOUT THE 1ST FLOOR. MASTER BEDROOM WITH SEPARATE MASTER BATH & WHIRLPOOL TUB.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
1.82 acres
Price per sqft
$73
Property Type
House
Property Taxes
$316
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: 4 years ago (MLSPIN #30082568)

Price History

Date / Event Date Event Price
Apr 1, 1996 Sold
Premium
Sold
Jan 2, 1996 Listed $174,900
Listed

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 79,279
  • Total Building Area: 2,400
  • Gross Building Area: 5,847
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTFIELD PROP
  • Land Acres: 0000001820
  • 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:2-R L:88
  • Lot: 88
  • Municipality: WESTFIELD
  • Latitude: 42.1066
  • Longitude: -72.8135

    Address

  • Full Address: 143 Loomis Rdg
  • Address - House Number: 143
  • Address - Street Name: Loomis
  • Address - Suffix Type: Rdg
  • State: MA
  • City Name: Westfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 3961
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,100

    Appraisal Valuation

  • Standard Deviation: 0.1674
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 523,659
  • High Value: 611,323
  • Low Value: 435,995

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,000
  • Assessed Land Value: $152,400
  • Assessed Improvements Value: $297,600

    Sales

  • Current Sale Recording Date: Apr 01, 1996
  • Current Sale Price:
    Premium
  • Current 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:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 years

Currently For Sale

69 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 years ago
Data Source: MLS PIN, MLS# 30082568

Frequently Asked Questions

When was property at 143 Loomis Ridge built and last sold?
The property at 143 Loomis Ridge was built in 1987 and last sold on Jan 1, 1970 for $177,900.
How much is this home worth?
The estimated value of the home located at 143 Loomis Ridge is $0.
What are some comparable homes to 143 Loomis Ridge?
There are currently no comparable homes to 143 Loomis Ridge.
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