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Westfield 01085
20 Malone Ave
$124,500
● House - Off Market

20 Malone Ave

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,120 Ft²
$197,228
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Looking for a winter project; this could be it.  This vinyl sided two bedroom home on a dead-end street offers a front porch, a good size livingroom, separate dining room, an eat in kitchen with a door to the backyard deck.  The back and side yard are fenced in with a large storage shed.  Upstairs offers two bedrooms, full bath, and access to the walk up attic.  Most windows are the replacement style.  Laundry hook ups are in the basement along with the gas heating system, circuit breaker electric system, and a workshop. At one point there was a wood stove in the basement so the set up is still there.   (All utilities are off now but can be turned on for "informational purposes" inspections.)  Small room off of the dining room is for storage.
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$111
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1925

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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: 5 months ago (MLSPIN #72248962)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
May 4, 2021 Listed by Coldwell Banker Residential Brokerage - Longmeadow $182,999
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Dec 27, 2017 Sold
Premium
Sold
Oct 29, 2017 Listed by Coldwell Banker Residential Brokerage - Longmeadow $124,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Jun 26, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 600
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,808
  • Total Building Area: 1,120
  • Gross Building Area: 2,351
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000133
  • 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:65 L:21
  • Lot: 21
  • Municipality: WESTFIELD
  • Latitude: 42.1246
  • Longitude: -72.7597

    Address

  • Full Address: 20 Malone Ave
  • Address - House Number: 20
  • Address - Street Name: Malone
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2761
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $339,400

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 257,141
  • High Value: 310,164
  • Low Value: 204,117

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,900
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $116,900

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43765
  • Previous Sale Recording Date: Dec 27, 2017
  • Previous Sale Amount: $124,500
  • Previous Sale Document Type: 71
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:

$379,950

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2121 ft²

Average Home Age

70.9 years

Currently For Sale

60 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72248962

Frequently Asked Questions

When was property at 20 Malone Avenue built and last sold?
The property at 20 Malone Avenue was built in 1925 and last sold on Jun 25, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 20 Malone Avenue is $187,757.
What are some comparable homes to 20 Malone Avenue?
There are currently no comparable homes to 20 Malone Avenue.
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