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Westfield 01085
16 Otis St
Photo of 16 Otis St

22

Map

Photo of 16 Otis St
Photo of 16 Otis St
$255,000
↑ $73K (40.1%)
● House - For Sale

16 Otis St

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,465 Ft²
$1,585
Est. Monthly

About This Property

Opportunity awaits with this well-loved 3-bedroom, 2-bath Colonial in a convenient downtown location! The first floor offers comfortable living space along with a handy laundry/pantry area. Outside, enjoy a surprisingly large, private backyard with plenty of room for gardening, entertaining, or simply relaxing. Close to shopping, dining, local amenities, and the bike/walking trail, this home puts everyday conveniences within easy reach. The property is ready for its next owner to bring fresh ideas and updates while building on its existing charm. A great option for buyers looking to add their own style and make a home truly theirs. Property is being sold as-is.
Unit Size
1,465 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$174
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1889

Listed By

Aimee Tompkins
Park Square Realty

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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: 25 days ago (MLSPIN #73572757)

Price History

Date / Event Date Event Price
Oct 8, 2026 Price Increased $255,000
↑ $73K (40.1%)
Price Increased
Oct 2, 2026 Relisted $182,000
Relisted
Sep 23, 2026 In contract -
In contract
Sep 8, 2026 Listed by Park Square Realty $265,000
Listed by Park Square Realty
May 26, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Tandem
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Gas Water Heater, Water Heater
Flooring Type: Wood, Laminate
Laundry Features: Flooring - Laminate, First Floor
Rooms: 9
Basement: Full, Concrete
Exterior Details
Square Footage: 1465
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1889
Building Area Total: 1465
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Level
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6600
Water Source: Public
Financial Details
Tax Assessed Value: $266,900
Tax Annual Amount: $3,985
Utilities Details
Cooling Type: None
Heating Type: Central, Forced Air, Oil
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1889
  • Effective Year Built: 1889
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 338
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 1,465
  • Gross Building Area: 2,910
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 812702

Geography

  • Parcel: WFLD M:5 L:42
  • Lot: 42
  • Municipality: WESTFIELD
  • Latitude: 42.1223
  • Longitude: -72.7397

    Address

  • Full Address: 16 Otis St
  • Address - House Number: 16
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 3211
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 271,409
  • High Value: 337,159
  • Low Value: 205,658

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,500
  • Assessed Land Value: $66,600
  • Assessed Improvements Value: $129,900

    Sales

  • Current Sale Recording Date: May 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 152956
  • Previous Sale Recording Date: Jul 26, 2002
  • Previous Sale Amount: $122,000
  • 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: 25 days ago
Data Source: MLS PIN, MLS# 73572757

Frequently Asked Questions

When was property at 16 Otis Street built and last sold?
The property at 16 Otis Street was built in 1889 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 16 Otis Street is $254,745.
What are some comparable homes to 16 Otis Street?
There are currently no comparable homes to 16 Otis Street.
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