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Westfield 01085
312 Northwest Rd
$175,000
● House - Off Market

312 Northwest Rd

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,262 Ft²
$293,845
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model

About This Property

BACK ON MARKET BUYERS FUNDS FELL THROUGH:  Elegant Simplicity is the trademark for this 1875 renovated 1262 Sq ft house.  Enjoy your morning coffee on the side porch and listen to the "Noble Brook" as it winds through this breath taking property.  Updates include:  New roof 30 year lifetime warranty, house and shed painted,  sheet rock, insulation, wall to wall carpet and vinyl flooring, All cabinets in kitchen and SS appliances, Propane tank for NEW hot water tank and NEW stove, mostly all new replacement windows and gutters.  Oil fired furnace has been cleaned serviced and maintained with clean bill of working order.  This home is just minutes from Stanley Park, Westfield State University and 18 minutes to the Mass Pike,  Own your own little piece of paradise.
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$139
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1875

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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: 5 months ago (MLSPIN #71980408)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
May 4, 2021 Listed by Keller Williams Realty $240,000
Listed by Keller Williams Realty
Jan 6, 2017 Sold
Premium
Sold
Mar 31, 2016 Listed by Keller Williams Realty $175,000
Listed by Keller Williams Realty
Apr 9, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 31,600
  • Total Building Area: 1,299
  • Gross Building Area: 2,362
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000725
  • 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: 812902

Geography

  • Parcel: WFLD M:23-R L:11
  • Lot: 11
  • Municipality: WESTFIELD
  • Latitude: 42.1281
  • Longitude: -72.823

    Address

  • Full Address: 312 Northwest Rd
  • Address - House Number: 312
  • Address - Street Name: Northwest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 3932
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,800

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 192,695
  • High Value: 226,522
  • Low Value: 158,867

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,700
  • Assessed Land Value: $105,900
  • Assessed Improvements Value: $117,800

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 45645
  • Previous Sale Recording Date: Jan 06, 2017
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: O
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

2215 ft²

Average Home Age

71.2 years

Currently For Sale

65 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71980408

Frequently Asked Questions

When was property at 312 Northwest Road built and last sold?
The property at 312 Northwest Road was built in 1875 and last sold on Jun 30, 2021 for $236,000.
How much is this home worth?
The estimated value of the home located at 312 Northwest Road is $239,778.
What are some comparable homes to 312 Northwest Road?
There are currently no comparable homes to 312 Northwest Road.
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