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Westfield 01085
2 Gold Street
$135,000
● House - Off Market

2 Gold Street

Westfield, MA 01085
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,965 Ft²
$239,950
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

Many major improvements have been completed on this 7 room, 5 bdrm, 1.5 bath colonial including, vinyl siding, replacement windows, updated electrical service box and kitchen cabinets. Previous owner abused the interior. Cosmetics needed including painting and carpet replacement. There are three bedrms on the second floor and 2 more bedrms on the third floor. Cosmetics upgrades will result in a significant improvement in properties overall value. Property listed at $ 50,000 under assessed value
Unit Size
1,965 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$66
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1930

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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 months ago (MLSPIN #70734803)

Price History

Date / Event Date Event Price
Sep 30, 2008 Sold
Premium
Sold
May 2, 2008 Sold
Premium
Sold
Mar 28, 2008 Listed by William Raveis R.E. & Home Services $129,000
Listed by William Raveis R.E. & Home Services
Sep 27, 2002 Sold
Premium
Sold
May 15, 2002 Listed by Berkshire Hathaway HomeServices Realty Professionals $129,000
Listed by Berkshire Hathaway HomeServices Realty Professionals
REMODELED KITCHEN WITH LOTS OF CABINETS, NATURAL WOODWORK, WIDE PINE FLOORS UNDER CARPET, THERMAL WINDOWS, LARGE BACK- YARD, DEAD END STREET, WALK TO SCHOOLS AND SHOPPING, VINYL SIDED, NO SHOWINGS UNTIL JUNE 9TH

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Total Building Area: 1,965
  • Gross Building Area: 3,475
  • Building Area: 1,965
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,965
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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:20 L:125
  • Lot: 125
  • Municipality: WESTFIELD
  • Latitude: 42.1139
  • Longitude: -72.7437

    Address

  • Full Address: 2 Gold St
  • Address - House Number: 2
  • Address - Street Name: Gold
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 4415
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,100

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 303,579
  • High Value: 364,024
  • Low Value: 243,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,400
  • Assessed Land Value: $84,700
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Recording Date: Sep 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 63951
  • Previous Sale Recording Date: May 02, 2008
  • Previous Sale Amount: $135,000
  • 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:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70734803

Frequently Asked Questions

When was property at 2 Gold Street built and last sold?
The property at 2 Gold Street was built in 1930 and last sold on Jan 1, 1970 for $185,000.
How much is this home worth?
The estimated value of the home located at 2 Gold Street is $130,912.
What are some comparable homes to 2 Gold Street?
There are currently no comparable homes to 2 Gold Street.
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