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Westfield 01085
223 Shaker Rd
$310,000
● House - Off Market

223 Shaker Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,313 Ft²
$302,235
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Meticulously maintained 3 bedroom home with a 1 car garage and a carport in Munger Hill School District.. Screened porch brick patio, large addition in the late 1980's added a pleasant kitchen/ dining area and remodeled bathroom. Hardwood flooring under carpeting in main section of home ( as per owner)  Finished room in basement.  Roof replaced 2021, furnace and a/c 1990's.  Back yard is so inviting with beautiful landscaping and walls...In addition there are stairs to a pull down attic entrance inside of the home that could possibly be used for further expansion?   Showings will be deferred until this weekend, Saturday April 2,  12 -2  Stop by and be impressed!
Unit Size
1,313 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$228
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1951

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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 #72958657)

Price History

Date / Event Date Event Price
May 25, 2022 Sold
Premium
Sold
Mar 29, 2022 Listed by RE/MAX Compass $299,900
Listed by RE/MAX Compass

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,970
  • Total Building Area: 1,339
  • Gross Building Area: 3,792
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000550
  • 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:124 L:35
  • Lot: 35
  • Municipality: WESTFIELD
  • Latitude: 42.0939
  • Longitude: -72.7204

    Address

  • Full Address: 223 Shaker Rd
  • Address - House Number: 223
  • Address - Street Name: Shaker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 5024
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,900

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 327,963
  • High Value: 407,414
  • Low Value: 248,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,100
  • Assessed Land Value: $103,300
  • Assessed Improvements Value: $165,800

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31821
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:

$377,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2216 ft²

Average Home Age

66.4 years

Currently For Sale

62 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72958657

Frequently Asked Questions

When was property at 223 Shaker Road built and last sold?
The property at 223 Shaker Road was built in 1951 and last sold on May 25, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 223 Shaker Road is $304,546.
What are some comparable homes to 223 Shaker Road?
There are currently no comparable homes to 223 Shaker Road.
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