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Westfield 01085
22 Putnam Dr
$148,000
● House - Off Market

22 Putnam Dr

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
912 Ft²
$229,015
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

PRICED REDUCED!!! LOVELY RANCH ON SPACIOUS LEVEL LOT AVAILABLE IN WESTFIELD!!  HARDWOOD FLOORS AND FULL BASEMENT IN LOCATION WITH EASY ACCESS TO MAIN ARTERIES!!! AND CENTRAL AIR!! WHO COULD ASK FOR ANYTHING MORE!!!  HUD Home. Sold "AS-IS" by elec. bid only. Prop available 08-31-18. ONLINE BIDDING DAILY to 11:59 PM Central Time until sold. FHA Case #251-321883. IE (Insurable with escrow). Eligible for FHA 203k. Financing terms: FHA, CASH, and CONVENTIONAL. LBP addendum attached.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$166
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1955

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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 months ago (MLSPIN #72369423)

Price History

Date / Event Date Event Price
Oct 19, 2018 Sold
Premium
Sold
Jul 26, 2018 Listed by Great Homes Real Estate, Inc. $151,200
Listed by Great Homes Real Estate, Inc.
Jul 22, 2005 Sold
Premium
Sold
May 6, 2005 Listed by LAER Realty Partners $179,900
Listed by LAER Realty Partners
LOOKING FOR THE PERFECT FIRST OR RETIREMENT HOME? ALL THE WORK IS DONE AND SHOW PERFECT! 5 ROOM, 3 BEDROOM, 1 BATH RANCH. CELLAR IS FINISHED. EASY TO SHOW!!

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 912
  • Gross Building Area: 1,864
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 812901

Geography

  • Parcel: WFLD M:75 L:39
  • Lot: 39
  • Municipality: WESTFIELD
  • Latitude: 42.1268
  • Longitude: -72.7747

    Address

  • Full Address: 22 Putnam Dr
  • Address - House Number: 22
  • Address - Street Name: Putnam
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2626
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,900

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 272,276
  • High Value: 330,612
  • Low Value: 213,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,500
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $126,000

    Sales

  • Current Sale Recording Date: Oct 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62637
  • Previous Sale Recording Date: Jul 12, 2018
  • 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

$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: 4 months ago
Data Source: MLS PIN, MLS# 72369423

Frequently Asked Questions

When was property at 22 Putnam Drive built and last sold?
The property at 22 Putnam Drive was built in 1955 and last sold on Jan 1, 1970 for $148,000.
How much is this home worth?
The estimated value of the home located at 22 Putnam Drive is $156,704.
What are some comparable homes to 22 Putnam Drive?
There are currently no comparable homes to 22 Putnam Drive.
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