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Westfield 01085
283 Paper Mill Road
Photo of 283 Paper Mill Road
Sold on Jan 14, 2011

1

Map

$258,000
● House - Off Market

283 Paper Mill Road

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,160 Ft²
$597,520
RealtyHop Estimate
125.56%
Since Feb 1, 2011
National-US
Primary Model

About This Property

Just a short distance from Paper Mill Elem. School is where you will find this 8RM, 4 bedrm, Dutch Colonial, with over 2100 sq. ft. of living space.LR, w/fplce, running the full width of the home with sliders to a deck. Den or formal Din RM. Kitchen/Din area - center island design.Four or 5 possible bedrooms. Newer, attached 2 car oversized garage with loft storage.Two nine foot doors to the front and a separate garage door providing access to the back yard. Park-like grounds with inground pool
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$123
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1972

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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: 11 months ago (MLSPIN #71058424)

Price History

Date / Event Date Event Price
Jan 14, 2011 Sold
Premium
Sold
Apr 5, 2010 Listed by William Raveis R.E. & Home Services $264,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 2,524
  • Gross Building Area: 4,800
  • Building Area: 2,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,524
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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:19
  • Lot: 19
  • Municipality: WESTFIELD
  • Latitude: 42.1288
  • Longitude: -72.7106

    Address

  • Full Address: 283 Paper Mill Rd
  • Address - House Number: 283
  • Address - Street Name: Paper Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1735
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $534,900

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 424,213
  • High Value: 496,862
  • Low Value: 351,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,000
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Recording Date: Jan 14, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2468
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

2210 ft²

Average Home Age

66.6 years

Currently For Sale

64 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: 11 months ago
Data Source: MLS PIN, MLS# 71058424

Frequently Asked Questions

When was property at 283 Paper Mill Road built and last sold?
The property at 283 Paper Mill Road was built in 1972 and last sold on Jan 1, 1970 for $258,000.
How much is this home worth?
The estimated value of the home located at 283 Paper Mill Road is $0.
What are some comparable homes to 283 Paper Mill Road?
There are currently no comparable homes to 283 Paper Mill Road.
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