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Westfield 01085
41 Stephanie Lane
$393,000
● House - Off Market

41 Stephanie Lane

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,731 Ft²
$741,397
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Single level living is offered to you with this spacious 2700+ sq.ft., 2X6 constructed,ranch style home, with open floor plan, loaded with top quality amenities. Privately set, masterbedroom suite with steam shower,soaking tub plus 2 walk-in closets. Kit. with breakfast bar, granite countertops, cherry cabinetry and stainless steel appl. Family room with fplace built-in flat screen television and exit to a, 12'X24', Trex deck. Four or 5 spacious  bedrooms. Partially finished lower level designed to be developed into additional living space, including a private entrance, for the extended family or rec rm. Private, fenced, 1 acre lot on a cul-de-sac.
Unit Size
2,731 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$144
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
2007

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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 #71607535)

Price History

Date / Event Date Event Price
Apr 30, 2014 Sold
Premium
Sold
Nov 9, 2013 Listed by William Raveis R.E. & Home Services $393,000
Listed by William Raveis R.E. & Home Services
Feb 2, 2007 Sold
Premium
Sold
Nov 2, 2006 Listed by William Raveis R.E. & Home Services $135,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 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: 43,560
  • Total Building Area: 2,462
  • Gross Building Area: 8,996
  • Building Area: 2,462
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 812500

Geography

  • Parcel: WFLD M:58-R L:36
  • Lot: 36
  • Municipality: WESTFIELD
  • Latitude: 42.1496
  • Longitude: -72.7028

    Address

  • Full Address: 41 Stephanie Ln
  • Address - House Number: 41
  • Address - Street Name: Stephanie
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1484
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $893,800

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 624,736
  • High Value: 731,726
  • Low Value: 517,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $526,400
  • Assessed Land Value: $120,700
  • Assessed Improvements Value: $405,700

    Sales

  • Current Sale Recording Date: Apr 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19351
  • Previous Sale Recording Date: Feb 02, 2007
  • Previous Sale Amount: $132,500
  • 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:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2120 ft²

Average Home Age

65 years

Currently For Sale

69 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# 71607535

Frequently Asked Questions

When was property at 41 Stephanie Lane built and last sold?
The property at 41 Stephanie Lane was built in 2007 and last sold on Jan 1, 1970 for $393,000.
How much is this home worth?
The estimated value of the home located at 41 Stephanie Lane is $407,151.
What are some comparable homes to 41 Stephanie Lane?
There are currently no comparable homes to 41 Stephanie Lane.
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