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Westfield 01085
43 Forest Glen Dr
$259,000
● House - Off Market

43 Forest Glen Dr

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,262 Ft²
$251,026
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

An affordable opportunity for single-level living in a great location on the Westfield/Southwick line & minutes to Stanley Park. You'll enjoy the large, level driveway and private half-acre lot situated on a dead-end street! Featuring a cozy eat-in kitchen, living room & three sizeable bedrooms with wood floors. Closets throughout provide ample storage space. The heated bonus room in the basement allows for a great den, office or additional rec space with a workshop area & additional storage as well. Easily make this adorable ranch home with cosmetic upgrades of your choice. Best part is you can move right in and do upgrades along the way! Newer roof, & low-maintenance vinyl siding! Don't miss it - Open House Sat  9/17 12:00-1:30pm
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$190
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1966

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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 #73037462)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 21, 2022 In contract -
In contract
Sep 15, 2022 Listed by Neilsen Realty LLC $239,900
Listed by Neilsen Realty LLC
Dec 17, 2010 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 1,062
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,980
  • Total Building Area: 1,062
  • Gross Building Area: 2,154
  • Building Area: 1,062
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,062
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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:135 L:2
  • Lot: 2
  • Municipality: WESTFIELD
  • Latitude: 42.0983
  • Longitude: -72.7668

    Address

  • Full Address: 43 Forest Glen Dr
  • Address - House Number: 43
  • Address - Street Name: Forest Glen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C023
  • 4-Digit Zip Code: 4709
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,300

    Appraisal Valuation

  • Standard Deviation: 0.2699
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 277,299
  • High Value: 352,159
  • Low Value: 202,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,500
  • Assessed Land Value: $102,200
  • Assessed Improvements Value: $135,300

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Oct 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64577
  • Previous Sale Recording Date: Dec 17, 2010
  • Previous Sale Amount: $160,000
  • 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

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2158 ft²

Average Home Age

68.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73037462

Frequently Asked Questions

When was property at 43 Forest Glen Drive built and last sold?
The property at 43 Forest Glen Drive was built in 1966 and last sold on Oct 31, 2022 for $259,000.
How much is this home worth?
The estimated value of the home located at 43 Forest Glen Drive is $247,143.
What are some comparable homes to 43 Forest Glen Drive?
There are currently no comparable homes to 43 Forest Glen Drive.
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