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Westfield 01085
18 Malone Ave
$162,000
● House - Off Market

18 Malone Ave

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,640 Ft²
$375,586
RealtyHop Estimate
131.84%
Since Feb 1, 2012
National-US
Primary Model

About This Property

BEAUTIFUL NATURAL WOODWORK & WOOD FLOORS.....OPEN FLOOR PLAN....COVERED FRONT PORCH.....DINING RM WITH FIREPLACE....LARGE KITCHEN....1/2 BATH FIRST FLOOR....FIRST FLOOR OFFICE OR 4th BEDRM...CLOSETS  CLOSETS AND MORE CLOSETS....ALL 3 BEDRMS ON 2nd FLOOR HAVE WALKIN CLOSETS...CORNER LOT FENCED IN...GARAGE WITH SIDE ENTRY....SHOWS PRIDE OF OWNERSHIP....NEW OIL FIRED HEATING SYSTEM TO BE INSTALLED...
Unit Size
1,640 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$99
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1926

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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: 4 months ago (MLSPIN #71195667)

Price History

Date / Event Date Event Price
May 26, 2021 Sold
Premium
Sold
Apr 7, 2021 Listed by New Horizon Real Estate $239,900
Listed by New Horizon Real Estate
Jan 4, 2012 Sold
Premium
Sold
Mar 4, 2011 Listed by New Horizon Real Estate $162,000
Listed by New Horizon Real Estate
Feb 28, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,632
  • Total Building Area: 1,640
  • Gross Building Area: 3,044
  • Building Area: 1,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,640
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • 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: 812701

Geography

  • Parcel: WFLD M:61 L:14
  • Lot: 14
  • Municipality: WESTFIELD
  • Latitude: 42.125
  • Longitude: -72.7594

    Address

  • Full Address: 18 Malone Ave
  • Address - House Number: 18
  • Address - Street Name: Malone
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2709
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,100

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 294,712
  • High Value: 376,682
  • Low Value: 212,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,000
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $132,000

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36170
  • Previous Sale Recording Date: Jan 04, 2012
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: O
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

66 years

Currently For Sale

67 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 months ago
Data Source: MLS PIN, MLS# 71195667

Frequently Asked Questions

When was property at 18 Malone Avenue built and last sold?
The property at 18 Malone Avenue was built in 1926 and last sold on May 26, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 18 Malone Avenue is $249,120.
What are some comparable homes to 18 Malone Avenue?
There are currently no comparable homes to 18 Malone Avenue.
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