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Westfield 01085
27 Fairview Ave
$218,000
● House - Off Market

27 Fairview Ave

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,020 Ft²
$220,527
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Nice location for this sweet 4 bedroom cape style home.  Some sweat equity will make this gem shine.  Walking distance to Stanley Park, and Westfield University.  Wonderful neighborhood.
Unit Size
1,020 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$214
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #72985670)

Price History

Date / Event Date Event Price
Jun 24, 2022 Sold
Premium
Sold
May 20, 2022 Listed by Park Square Realty $218,000
Listed by Park Square Realty
Sep 16, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,020
  • Gross Building Area: 2,256
  • Building Area: 1,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,020
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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:49 L:46
  • Lot: 46
  • Municipality: WESTFIELD
  • Latitude: 42.1229
  • Longitude: -72.7789

    Address

  • Full Address: 27 Fairview Ave
  • Address - House Number: 27
  • Address - Street Name: Fairview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 3436
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $381,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2148
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 269,027
  • High Value: 326,828
  • Low Value: 211,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,700
  • Assessed Land Value: $96,900
  • Assessed Improvements Value: $127,800

    Sales

  • Current Sale Contract Date: Jun 23, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38143
  • Previous Sale Recording Date: Sep 16, 1998
  • Previous Sale Amount: $48,000
  • 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

$229

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2138 ft²

Average Home Age

69.2 years

Currently For Sale

68 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 months ago
Data Source: MLS PIN, MLS# 72985670

Frequently Asked Questions

When was property at 27 Fairview Avenue built and last sold?
The property at 27 Fairview Avenue was built in 1959 and last sold on Jun 23, 2022 for $218,000.
How much is this home worth?
The estimated value of the home located at 27 Fairview Avenue is $220,336.
What are some comparable homes to 27 Fairview Avenue?
There are currently no comparable homes to 27 Fairview Avenue.
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