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Westfield 01085
3 Old Farm Rd
$306,000
● House - Off Market

3 Old Farm Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
998 Ft²
$309,054
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This BEAUTIFULLY REMODELED vinyl sided ranch style home is wonderfully located in a very desirable neighborhood, close to the bike path & golf course.  Updates include a GORGEOUS NEW KITCHEN w/white cabinetry, quartz counter's, tiled backsplash & SS appliances, a refurbished full bath w/quartz countertop, beautiful refinished h/w floors, new light fixtures, freshly painted interior, new trim & baseboards, replacement windows, new exterior doors and a BRAND NEW SEPTIC SYSTEM!!  The property sits on a great .83 acre lot w/the fenced in rear yard & paver patio overlooking the private wooded view.  Other great features include central air, convenient storage shed, 200-amp electric panel and natural gas utilities (furnace & water heater about 3 years old).  Make your appointment today!!
Unit Size
998 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$311
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1971

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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 #73122234)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
Jun 26, 2023 Relisted $185,000
Relisted
Jun 13, 2023 In contract -
In contract
Jun 8, 2023 Listed by Taylor Agency $309,900
Listed by Taylor Agency
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 982
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,000
  • Total Building Area: 998
  • Gross Building Area: 2,035
  • Building Area: 998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 998
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000826
  • 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:144 L:20
  • Lot: 20
  • Municipality: WESTFIELD
  • Latitude: 42.0944
  • Longitude: -72.7522

    Address

  • Full Address: 3 Old Farm Rd
  • Address - House Number: 3
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5017
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 304,535
  • High Value: 365,172
  • Low Value: 243,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,700
  • Assessed Land Value: $117,000
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35010
  • Previous Sale Recording Date: Mar 13, 2023
  • Previous Sale Contract Date: Feb 28, 2023
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: 71
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

$229

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2142 ft²

Average Home Age

68.7 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# 73122234

Frequently Asked Questions

When was property at 3 Old Farm Road built and last sold?
The property at 3 Old Farm Road was built in 1971 and last sold on Jul 28, 2023 for $306,000.
How much is this home worth?
The estimated value of the home located at 3 Old Farm Road is $304,307.
What are some comparable homes to 3 Old Farm Road?
There are currently no comparable homes to 3 Old Farm Road.
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