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Westfield 01085
280 Russell Rd
$190,000
● House - Off Market

280 Russell Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$354,328
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

MOVE RIGHT IN! Great 3br cape on a corner lot located near Stanley Park and Westfield State University. This home was entirely updated in 2008. Updates include remodeled kitchen with dining area & bathrooms, siding, roof, windows, insulation, high efficiency gas furnace & hot water heater, epoxy floor in basement, electric, and plumbing! Driveway is located on Putnam, off the main road. Don't miss this one!!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$146
Property Type
House
Property Taxes
$289
HOA Dues
-
Year Built
1952

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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 #71795888)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Feb 27, 2015 Listed by Keller Williams Realty $196,000
Listed by Keller Williams Realty
Jul 7, 2008 Sold
Premium
Sold
Apr 25, 2008 Listed by Keller Williams Realty $214,900
Listed by Keller Williams Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,500
  • Total Building Area: 1,344
  • Gross Building Area: 2,304
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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:75 L:16
  • Lot: 16
  • Municipality: WESTFIELD
  • Latitude: 42.1274
  • Longitude: -72.7751

    Address

  • Full Address: 280 Russell Rd
  • Address - House Number: 280
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2136
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,200

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 324,523
  • High Value: 384,820
  • Low Value: 264,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,000
  • Assessed Land Value: $86,200
  • Assessed Improvements Value: $174,800

    Sales

  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21376
  • Previous Sale Recording Date: Jul 07, 2008
  • Previous Sale Amount: $202,000
  • 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

$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# 71795888

Frequently Asked Questions

When was property at 280 Russell Road built and last sold?
The property at 280 Russell Road was built in 1952 and last sold on Jan 1, 1970 for $190,000.
How much is this home worth?
The estimated value of the home located at 280 Russell Road is $206,424.
What are some comparable homes to 280 Russell Road?
There are currently no comparable homes to 280 Russell Road.
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