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Westfield 01085
28 Butternut Road
$232,000
● House - Off Market

28 Butternut Road

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,610 Ft²
$466,986
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

JUST MOVE into this beautifully maintained, spacious Ranch--- located on a cul-de-sac road! This home has plenty of room for gatherings with the updated Kitchen flowing into the Dining, Living and Family Rooms. An immense, 26' X 18' composite deck graciously invites people to the large, flat, private backyard. Relax in the Master Bedroom's deep, soaking tub. Convenient first floor laundry. With plenty of storage in the garage and outside shed, the basement can be developed into additional living space. The street has a Westfield Gas line.  Easy commuting to CT and Springfield.  Be prepared to enjoy ALL of the seasons in the cozy Family Room with fireplace and view of the backyard!
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$155
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1972

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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 #71720082)

Price History

Date / Event Date Event Price
Dec 12, 2014 Sold
Premium
Sold
Jul 26, 2014 Listed by Century 21 Hometown Associates $249,900
Listed by Century 21 Hometown Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 1,610
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,660
  • Total Building Area: 1,610
  • Gross Building Area: 4,015
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,610
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000405
  • 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: 812902

Geography

  • Parcel: WFLD M:131 L:7
  • Lot: 7
  • Municipality: WESTFIELD
  • Latitude: 42.1113
  • Longitude: -72.7802

    Address

  • Full Address: 28 Butternut Rd
  • Address - House Number: 28
  • Address - Street Name: Butternut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 4116
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $516,700

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 373,109
  • High Value: 446,311
  • Low Value: 299,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,300
  • Assessed Land Value: $119,700
  • Assessed Improvements Value: $184,600

    Sales

  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 62865
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

67.3 years

Currently For Sale

65 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# 71720082

Frequently Asked Questions

When was property at 28 Butternut Road built and last sold?
The property at 28 Butternut Road was built in 1972 and last sold on Jan 1, 1970 for $232,000.
How much is this home worth?
The estimated value of the home located at 28 Butternut Road is $257,892.
What are some comparable homes to 28 Butternut Road?
There are currently no comparable homes to 28 Butternut Road.
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