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Westfield 01085
16 Prospect St
$110,000
● House - Off Market

16 Prospect St

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,063 Ft²
$268,977
RealtyHop Estimate
171.97%
Since Jul 1, 2001
National-US
Primary Model

About This Property

XTRA BUILDING LOT INCLUDED! WELL MAINTAINED HOME WITH NEWER WINDOWS,FURNACE,WATER TANK & NEW ROOF.2 ENCLOSED PORCHES, HUGE GARAGE W/EXTRA STORAGE SHED,MUCH MORE!1ST FLR LNDRY W/NEWER BTH.PRICED TO SELL!
Unit Size
1,063 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$93
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1870

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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 years ago (MLSPIN #30502081)

Price History

Date / Event Date Event Price
Aug 23, 2021 Sold
Premium
Sold
Jun 24, 2021 Listed $215,000
Listed
Jun 18, 2001 Sold
Premium
Sold
May 7, 2001 Listed $98,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • 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: 3
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,200
  • Total Building Area: 1,445
  • Gross Building Area: 1,949
  • Building Area: 1,445
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,445
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000624
  • 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: 812800

Geography

  • Parcel: WFLD M:202 L:15
  • Lot: 15
  • Municipality: WESTFIELD
  • Latitude: 42.1346
  • Longitude: -72.7479

    Address

  • Full Address: 16 Prospect St
  • Address - House Number: 16
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 1522
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 282,288
  • High Value: 360,803
  • Low Value: 203,774

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,500
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $128,500

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59139
  • Previous Sale Recording Date: Jun 18, 2001
  • Previous Sale Amount: $110,000
  • 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

2192 ft²

Average Home Age

73.7 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30502081

Frequently Asked Questions

When was property at 16 Prospect Street built and last sold?
The property at 16 Prospect Street was built in 1870 and last sold on Aug 23, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 16 Prospect Street is $0.
What are some comparable homes to 16 Prospect Street?
There are currently no comparable homes to 16 Prospect Street.
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