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Westfield 01085
251 Steiger Drive
$270,000
● House - Off Market

251 Steiger Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,608 Ft²
$529,239
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

You are going to fall in love!! This sprawling ranch in one of Westfield's most sought after neighborhoods has so much to offer!! Gleaming hardwood floors, gorgeous sunroom addition that is truly stunning with vaulted ceilings and loads of windows for the light to pour in!, Amazing finished basement, large eat in kitchen, fireplace, 2 car garage, oversized shed, out building with a beautiful screened porch to enjoy the gorgeous private yard!! This home will NOT last!!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$177
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1962

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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 #71706215)

Price History

Date / Event Date Event Price
Aug 13, 2014 Sold
Premium
Sold
Jun 24, 2014 Listed by Keller Williams Realty $284,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,250
  • Total Building Area: 1,608
  • Gross Building Area: 3,884
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000488
  • 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:128 L:43
  • Lot: 43
  • Municipality: WESTFIELD
  • Latitude: 42.0959
  • Longitude: -72.7339

    Address

  • Full Address: 251 Steiger Dr
  • Address - House Number: 251
  • Address - Street Name: Steiger
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 4933
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $565,300

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 413,966
  • High Value: 494,183
  • Low Value: 333,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,900
  • Assessed Land Value: $120,900
  • Assessed Improvements Value: $212,000

    Sales

  • Current Sale Recording Date: Aug 13, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39219
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71706215

Frequently Asked Questions

When was property at 251 Steiger Drive built and last sold?
The property at 251 Steiger Drive was built in 1962 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 251 Steiger Drive is $291,401.
What are some comparable homes to 251 Steiger Drive?
There are currently no comparable homes to 251 Steiger Drive.
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