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Westfield 01085
38 Park Cir
$350,000
● House - Off Market

38 Park Cir

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$2,073
Est. Monthly

About This Property

Charming vinyl sided ranch off Western Avenue. Walk to Stanley Park and Westfield State University -take in the beauty of nature with this wonderful 3 bedroom , 2 bath home with private area for family and guests. Many updates have been done to this home- hot water gas heat system - 2 yr,  hot water tank- 6yrs,  private suite- , 2012, 24x24 detached garage -2010, replacement windows, roof was done in 2012 and so much more. Private yard for entertaining along with a quiet street. Move in and add your personal touches to make this one your home.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$250
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1955

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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 #73189745)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Jan 12, 2024 In contract -
In contract
Jan 2, 2024 Listed by Coldwell Banker Realty - Western MA $349,900
Listed by Coldwell Banker Realty - Western MA
Jul 15, 2008 Sold
Premium
Sold
May 19, 2008 Listed by Coldwell Banker Realty - Western MA $194,500
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,300
  • Total Building Area: 960
  • Gross Building Area: 2,470
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000374
  • 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:83 L:9
  • Lot: 9
  • Municipality: WESTFIELD
  • Latitude: 42.1278
  • Longitude: -72.7999

    Address

  • Full Address: 38 Park Cir
  • Address - House Number: 38
  • Address - Street Name: Park
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 3411
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,200

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 354,457
  • High Value: 385,420
  • Low Value: 323,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,400
  • Assessed Land Value: $109,200
  • Assessed Improvements Value: $141,200

    Sales

  • Current Sale Contract Date: Feb 23, 2024
  • Current Sale Recording Date: Feb 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7651
  • Previous Sale Recording Date: Jul 15, 2008
  • Previous Sale Amount: $194,500
  • 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:

$377,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2216 ft²

Average Home Age

66.4 years

Currently For Sale

62 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: 4 months ago
Data Source: MLS PIN, MLS# 73189745

Frequently Asked Questions

When was property at 38 Park Circle built and last sold?
The property at 38 Park Circle was built in 1955 and last sold on Feb 23, 2024 for $350,000.
How much is this home worth?
The estimated value of the home located at 38 Park Circle is $351,925.
What are some comparable homes to 38 Park Circle?
There are currently no comparable homes to 38 Park Circle.
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