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Westfield 01085
28 Ridgecrest Circle
$415,000
● House - Off Market

28 Ridgecrest Circle

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,449 Ft²
$521,371
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Create your family memories here!  Vinyl sided Cape in move-in condition in well established Ridgecrest neighborhood. Large family room with floor to ceiling fireplace.  Sliders open to the deck which overlooks the well maintained, fenced yard with oversized shed - use as a man cave, she-shed or kids sleepovers.  MBR suite with laundry room nearby.  Two other bedrooms on the second floor share a bath.  First floor bedroom and bathroom great for guests, in-law or oldest child's privacy or office space for working at home.  Hardwood floors throughout.  Shiplap paneling in kitchen.  Furnace, hot water and air conditioning recently updated.  Pub in the basement for special celebrations. Lawn sprinklers and two separate foundations.  Water/thermostat sensor system can be programed to phone. Make sure to see this gem!
Unit Size
2,449 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$159
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1964

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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 years ago (MLSPIN #72719560)

Price History

Date / Event Date Event Price
Oct 28, 2020 Sold
Premium
Sold
Sep 2, 2020 Listed by Kathy M. Paul Real Estate $389,900
Listed by Kathy M. Paul Real Estate

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,446
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 2,449
  • Gross Building Area: 5,576
  • Building Area: 2,449
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,449
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • 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:117 L:16
  • Lot: 16
  • Municipality: WESTFIELD
  • Latitude: 42.1076
  • Longitude: -72.722

    Address

  • Full Address: 28 Ridgecrest Cir
  • Address - House Number: 28
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4526
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $747,800

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 515,059
  • High Value: 611,744
  • Low Value: 418,373

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,400
  • Assessed Land Value: $122,100
  • Assessed Improvements Value: $318,300

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63106
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: 4 years ago
Data Source: MLS PIN, MLS# 72719560

Frequently Asked Questions

When was property at 28 Ridgecrest Circle built and last sold?
The property at 28 Ridgecrest Circle was built in 1964 and last sold on Oct 21, 2020 for $415,000.
How much is this home worth?
The estimated value of the home located at 28 Ridgecrest Circle is $402,933.
What are some comparable homes to 28 Ridgecrest Circle?
There are currently no comparable homes to 28 Ridgecrest Circle.
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