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Westfield 01085
3 Powder Mill Road
$280,000
● House - Off Market

3 Powder Mill Road

Westfield, MA 01077
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,916 Ft²
$649,771
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

Affordable new construction!  Open floor plan Colonial with front-to-back living room w/corner fireplace, sliders to 12x12 rear deck, spacious dining room & maple kitchen with hardwood floors throughout the 1st floor.  Huge master bedroom suite featuring cathedral ceiling, walk-in closet and private bath w/double bowl sink.  2 additional bedrooms offer large closets, ceiling fans & w/w carpeting.  Also, attractive front porch, 2 car garage & asphalt driveway located on quiet rural sidestreet!
Unit Size
1,916 Ft²
Days on Market
-
Land Size
0.77 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

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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 #70804725)

Price History

Date / Event Date Event Price
Jan 14, 2021 Sold
Premium
Sold
Apr 1, 2009 Sold
Premium
Sold
Aug 8, 2008 Listed by Berkshire Hathaway HomeServices Realty Professionals $309,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,907
  • Total Building Area: 1,980
  • Gross Building Area: 3,522
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000778
  • 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: 812800

Geography

  • Parcel: WFLD M:208 L:5 U:1-A
  • Lot: 5
  • Municipality: WESTFIELD
  • Latitude: 42.1411
  • Longitude: -72.7506

    Address

  • Full Address: 3 Powdermill Rd
  • Address - House Number: 3
  • Address - Street Name: Powdermill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1137
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $612,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 424,306
  • High Value: 500,659
  • Low Value: 347,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,800
  • Assessed Land Value: $91,900
  • Assessed Improvements Value: $268,900

    Sales

  • Current Sale Contract Date: Jan 12, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3115
  • Previous Sale Recording Date: Apr 01, 2009
  • Previous Sale Amount: $280,000
  • 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

2203 ft²

Average Home Age

66 years

Currently For Sale

67 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# 70804725

Frequently Asked Questions

When was property at 3 Powder Mill Road built and last sold?
The property at 3 Powder Mill Road was built in 2008 and last sold on Jan 12, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 3 Powder Mill Road is $0.
What are some comparable homes to 3 Powder Mill Road?
There are currently no comparable homes to 3 Powder Mill Road.
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