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Westfield 01085
40 Butternut Rd
$266,000
● House - Off Market

40 Butternut Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$443,996
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Beautiful home in great location, private but close to area attractions including schools, Stanley Park, and downtown. Beautifully well functioning large country kitchen with cherry cabinets and tiled floor. French doors lead to a glassed in four season porch overlooking a very private backyard. Attractive hardwood floors through out most of the home. New windows and other upgrades including bathrooms and finished basement family room with fireplace and wet bar. Large office with much storage space.  Large living room offers a fireplace, built-in bookcases and cabinets on back wall. New roof, boiler and oil tank 2012 New dishwasher 2014. Gas on street. All appliances to remain
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$151
Property Type
House
Property Taxes
$418
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72189071)

Price History

Date / Event Date Event Price
Nov 16, 2017 Sold
Premium
Sold
Jun 25, 2017 Listed by Wolcott Realty $279,900
Listed by Wolcott Realty
Nov 14, 2014 Sold
Premium
Sold
Jul 14, 2014 Listed by Wolcott Realty $268,500
Listed by Wolcott Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,848
  • Gross Building Area: 4,160
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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:131 L:10
  • Lot: 10
  • Municipality: WESTFIELD
  • Latitude: 42.1127
  • Longitude: -72.782

    Address

  • Full Address: 40 Butternut Rd
  • Address - House Number: 40
  • Address - Street Name: Butternut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 4116
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,900

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 402,705
  • High Value: 480,740
  • Low Value: 324,671

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,900
  • Assessed Land Value: $119,400
  • Assessed Improvements Value: $244,500

    Sales

  • Current Sale Recording Date: Nov 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67792
  • Previous Sale Recording Date: Nov 14, 2014
  • Previous Sale Amount: $266,500
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72189071

Frequently Asked Questions

When was property at 40 Butternut Road built and last sold?
The property at 40 Butternut Road was built in 1967 and last sold on Jan 1, 1970 for $266,000.
How much is this home worth?
The estimated value of the home located at 40 Butternut Road is $290,136.
What are some comparable homes to 40 Butternut Road?
There are currently no comparable homes to 40 Butternut Road.
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