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Westfield 01085
176 Tannery Rd
$325,000
● House - Off Market

176 Tannery Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,632 Ft²
$362,398
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

3 bdrm 2.5 bath Cape.  New 4 bedroom septic installed August 2021.  Custom cabinetry in kitchen. Hardwood floors  in living, dining, kitchen, main bedroom and hallway. Full house attic fan. Private, fenced  yard. Mature hedge plantings that border  property. Oversized 3 bay garage with front and back access and storage overhead. Additional 2.20 acre lot included in sale.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$199
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1950

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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: 5 years ago (MLSPIN #72895061)

Price History

Date / Event Date Event Price
Nov 3, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by Coldwell Banker Realty - Longmeadow $325,000
Listed by Coldwell Banker Realty - Longmeadow

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 1,632
  • Gross Building Area: 3,708
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • 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:5-R L:21
  • Lot: 21
  • Municipality: WESTFIELD
  • Latitude: 42.0904
  • Longitude: -72.7519

    Address

  • Full Address: 176 Tannery Rd
  • Address - House Number: 176
  • Address - Street Name: Tannery
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C026
  • 4-Digit Zip Code: 4824
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,300

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 356,726
  • High Value: 426,715
  • Low Value: 286,738

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,700
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $168,400

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78370
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

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2203 ft²

Average Home Age

67.3 years

Currently For Sale

65 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 years ago
Data Source: MLS PIN, MLS# 72895061

Frequently Asked Questions

When was property at 176 Tannery Road built and last sold?
The property at 176 Tannery Road was built in 1950 and last sold on Nov 3, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 176 Tannery Road is $0.
What are some comparable homes to 176 Tannery Road?
There are currently no comparable homes to 176 Tannery Road.
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