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Westfield 01085
15 Cedar Lane
Photo of 15 Cedar Lane
Sold on Mar 31, 2009

1

Map

$165,500
● House - Off Market

15 Cedar Lane

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$359,214
RealtyHop Estimate
111.43%
Since Apr 1, 2009
National-US
Primary Model

About This Property

Reduced!  Motivated sellers looking for an offer!  This nice ranch on large corner lot in Munger Hill school district, has sliders to deck overlooking yard and pool. Extra living space in partially finished walkout basement.  Fireplace in large living room has woodstove insert.  Wood floors.  Appliances included.  (Wall between LR & 3rd BR was removed.  Could be made into 3 BRs again. )  One year Home Warranty.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$156
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1964

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70778761)

Price History

Date / Event Date Event Price
Mar 31, 2009 Sold
Premium
Sold
Jun 17, 2008 Listed $169,900
Listed

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • 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: 11
  • 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: 1,092
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,232
  • Gross Building Area: 2,674
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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:136 L:21
  • Lot: 21
  • Municipality: WESTFIELD
  • Latitude: 42.0916
  • Longitude: -72.7063

    Address

  • Full Address: 15 Cedar Ln
  • Address - House Number: 15
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4658
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,400

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 314,665
  • High Value: 377,318
  • Low Value: 252,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,000
  • Assessed Land Value: $99,900
  • Assessed Improvements Value: $147,100

    Sales

  • Current Sale Recording Date: Mar 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 19935
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70778761

Frequently Asked Questions

When was property at 15 Cedar Lane built and last sold?
The property at 15 Cedar Lane was built in 1964 and last sold on Jan 1, 1970 for $165,500.
How much is this home worth?
The estimated value of the home located at 15 Cedar Lane is $177,214.
What are some comparable homes to 15 Cedar Lane?
There are currently no comparable homes to 15 Cedar Lane.
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