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Westfield 01085
155 Paper Mill Rd
$216,000
● House - Off Market

155 Paper Mill Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$319,135
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Recently updated eat-in kitchen features a breakfast bar and is open to the living area.  The bathroom has a brand new heated tiled floor and vanity.  The roof is very young, replaced 3 years ago.  Three good sized bedrooms.  Hardwood floors throughout the house.  The basement is partially finished adding some nice additional space.  The level private yard is fully fenced in.  With a double driveway and one car garage, you'll have plenty of room to park.  This Westfield ranch is not to be missed!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$188
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1965

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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 #72356904)

Price History

Date / Event Date Event Price
Jan 23, 2019 Sold
Premium
Sold
Jul 3, 2018 Listed by EXIT Above and Beyond Realty $210,000
Listed by EXIT Above and Beyond Realty
Apr 16, 2013 Sold
Premium
Sold
Jan 2, 2013 Listed by EXIT Above and Beyond Realty $179,000
Listed by EXIT Above and Beyond Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 1,116
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,119
  • Total Building Area: 1,116
  • Gross Building Area: 2,640
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000462
  • 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:263 L:33
  • Lot: 33
  • Municipality: WESTFIELD
  • Latitude: 42.1306
  • Longitude: -72.7053

    Address

  • Full Address: 155 Paper Mill Rd
  • Address - House Number: 155
  • Address - Street Name: Paper Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1731
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,900

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 319,851
  • High Value: 383,536
  • Low Value: 256,165

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,300
  • Assessed Land Value: $101,800
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: Nov 24, 2018
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3904
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71
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

51

Average Home Size

2151 ft²

Average Home Age

66.2 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: 5 months ago
Data Source: MLS PIN, MLS# 72356904

Frequently Asked Questions

When was property at 155 Paper Mill Road built and last sold?
The property at 155 Paper Mill Road was built in 1965 and last sold on Nov 24, 2018 for $216,000.
How much is this home worth?
The estimated value of the home located at 155 Paper Mill Road is $213,911.
What are some comparable homes to 155 Paper Mill Road?
There are currently no comparable homes to 155 Paper Mill Road.
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