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Westfield 01085
394 Northwest Road
$195,000
● House - Off Market

394 Northwest Road

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,664 Ft²
$785,559
RealtyHop Estimate
274.08%
Since Jun 1, 1996
National-US
Primary Model

About This Property

EARLY 19TH CENTURY ANTIQUE HOUSE AND GAR/SHED ON 14+ AC OF MEADOWS & WOODS W/PICTURESQUE STREAM BEHIND HOUSE.SHED COULD BE EASILY MODIFIED FOR HORSES.LAND COULD BE SUB-DIVIDED OWNER HAS PLANS FOR SEPTIC REPAIRS.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
14.80 acres
Price per sqft
$126
Property Type
House
Property Taxes
$162
HOA Dues
-
Year Built
1850

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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 #30073036)

Price History

Date / Event Date Event Price
Jul 2, 2020 Sold
Premium
Sold
May 23, 1996 Sold
Premium
Sold
Oct 10, 1995 Listed by Landry Lyons Stearns & Yerrall $210,000
Listed by Landry Lyons Stearns & Yerrall

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 15
  • 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: 6
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 1,664
  • Gross Building Area: 2,820
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • 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:5
  • Lot: 5
  • Municipality: WESTFIELD
  • Latitude: 42.1242
  • Longitude: -72.8201

    Address

  • Full Address: 394 Northwest Rd
  • Address - House Number: 394
  • 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: $253,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 200,772
  • High Value: 236,273
  • Low Value: 165,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,500
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $38,500

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35448
  • Previous Sale Recording Date: May 23, 1996
  • Previous Sale Amount: $95,000
  • 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

$229

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2131 ft²

Average Home Age

65.5 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30073036

Frequently Asked Questions

When was property at 394 Northwest Road built and last sold?
The property at 394 Northwest Road was built in 1850 and last sold on Jul 2, 2020 for $120,000.
How much is this home worth?
The estimated value of the home located at 394 Northwest Road is $211,175.
What are some comparable homes to 394 Northwest Road?
There are currently no comparable homes to 394 Northwest Road.
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