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Westfield 01085
270 Paper Mill Rd
Photo of 270 Paper Mill Rd
Sold on Oct 9, 2008

1

Map

$251,000
● House - Off Market

270 Paper Mill Rd

Westfield, MA 01085
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$515,561
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Exceptionally maintained 7rm, 5 bdrm. Gambrel home located just outside of Joseph Heights.Walking dist.to Paper Mill School and playground. Beautifully updated Lg.Kitchen with dining area,birch cabinets,tile floor,wine rack & appliances remain. Livingrm. with fireplace and hardwood floors. Two bdrms on the first floor with hardwood floors and a 1st floor bathroom.Second fl. Master bdrm, 2 additional bdrms & bath.  Enclosed breezway with access to back yard and deck overlooking perennial garden.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$135
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1968

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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 #70795148)

Price History

Date / Event Date Event Price
Oct 9, 2008 Sold
Premium
Sold
Jul 21, 2008 Listed $259,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,285
  • Total Building Area: 1,920
  • Gross Building Area: 3,528
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • 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: 812500

Geography

  • Parcel: WFLD M:284 L:3
  • Lot: 3
  • Municipality: WESTFIELD
  • Latitude: 42.1284
  • Longitude: -72.7098

    Address

  • Full Address: 270 Paper Mill Rd
  • Address - House Number: 270
  • Address - Street Name: Paper Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1734
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,700

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 399,451
  • High Value: 474,435
  • Low Value: 324,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,200
  • Assessed Land Value: $102,500
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Recording Date: Oct 09, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66084
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

2158 ft²

Average Home Age

68.4 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: 4 months ago
Data Source: MLS PIN, MLS# 70795148

Frequently Asked Questions

When was property at 270 Paper Mill Road built and last sold?
The property at 270 Paper Mill Road was built in 1968 and last sold on Jan 1, 1970 for $251,000.
How much is this home worth?
The estimated value of the home located at 270 Paper Mill Road is $261,508.
What are some comparable homes to 270 Paper Mill Road?
There are currently no comparable homes to 270 Paper Mill Road.
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