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Westfield 01085
41 Paper Mill Road
Photo of 41 Paper Mill Road
Sold on Aug 26, 2011

1

Map

$300,000
● House - Off Market

41 Paper Mill Road

Westfield, MA 01085
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,520 Ft²
$720,324
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

A Rare Find!  The Main House has 3 Bedrooms, 2 Full Baths, Living Room with Fireplace. Eat-In Kitchen out to a Sun Room.  Full Basement w/Heat. Cedar Closet. Hardwood Floors. Tile. Central Air in Main House. Artesian Well for Inground Sprinklers. Roof done 4/2003. Passed Title V. Sits on 2.57 Acres. The Apartment was added in 1974. Two Bedrooms, Living Room, One Bath, Kitchen with Sink, Stove, Dishwasher & Refrigerator. Full Basement under Apartment with Washer & Dryer Hook-Up.
Unit Size
2,520 Ft²
Days on Market
-
Land Size
2.57 acres
Price per sqft
$129
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1960

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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 #71175437)

Price History

Date / Event Date Event Price
Aug 26, 2011 Sold
Premium
Sold
Jan 5, 2011 Listed by Scarfo Real Estate, Inc. $325,000
Listed by Scarfo Real Estate, Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 2,520
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,520
  • Gross Building Area: 6,755
  • Building Area: 2,520
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000001250
  • Standard Land Use Code: 9110
  • County Land Use Code: 950

Neighborhood

  • School District Name: Westfield School District
  • School Tax School District: WESTFIELD SD
  • Census Tract: 812500

Geography

  • Parcel: WFLD M:260 L:6
  • Lot: 6
  • Municipality: WESTFIELD
  • Latitude: 42.1325
  • Longitude: -72.7009

    Address

  • Full Address: 41 Paper Mill Rd
  • Address - House Number: 41
  • Address - Street Name: Paper Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1729
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,300
  • Assessed Land Value: $112,600
  • Assessed Improvements Value: $208,700

    Sales

  • Current Sale Recording Date: Aug 26, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000004
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

2142 ft²

Average Home Age

68.7 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71175437

Frequently Asked Questions

When was property at 41 Paper Mill Road built and last sold?
The property at 41 Paper Mill Road was built in 1960 and last sold on Jan 1, 1970 for $300,000.
How much is this home worth?
The estimated value of the home located at 41 Paper Mill Road is $326,291.
What are some comparable homes to 41 Paper Mill Road?
There are currently no comparable homes to 41 Paper Mill Road.
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