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Westfield 01085
262 Steiger Dr
$343,000
● House - Off Market

262 Steiger Dr

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,886 Ft²
$363,264
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

So much room to spread out in this spacious Colonial located on an oversized lot in Shaker Heights.  Good sized kitchen /dining area features two skylights.  HW floors APO under most carpeting (Buyer to verify) Beautiful solid wood raised panel doors. Front to back LR with fireplace. Large FR with stove and door to the outside patio. Recently finished and never used basement with its own heating zone offers two more bedrooms and a full bath.(not included in the total square footage) This property just needs some TLC to make it shine again. A short walk to Munger Hill School.
Unit Size
2,886 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$111
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1968

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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 years ago (MLSPIN #72876255)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by First NationWide Realty Inc. $320,000
Listed by First NationWide Realty Inc.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,686
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,630
  • Total Building Area: 2,886
  • Gross Building Area: 5,220
  • Building Area: 2,886
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,886
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000634
  • 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:33
  • Lot: 33
  • Municipality: WESTFIELD
  • Latitude: 42.0955
  • Longitude: -72.7332

    Address

  • Full Address: 262 Steiger Dr
  • Address - House Number: 262
  • Address - Street Name: Steiger
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 4934
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $655,100

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 475,758
  • High Value: 570,486
  • Low Value: 381,030

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,800
  • Assessed Land Value: $124,100
  • Assessed Improvements Value: $261,700

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 67704
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

Nearby Rentals

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72876255

Frequently Asked Questions

When was property at 262 Steiger Drive built and last sold?
The property at 262 Steiger Drive was built in 1968 and last sold on Sep 24, 2021 for $343,000.
How much is this home worth?
The estimated value of the home located at 262 Steiger Drive is $339,376.
What are some comparable homes to 262 Steiger Drive?
There are currently no comparable homes to 262 Steiger Drive.
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