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Westfield 01085
43 Putnam Drive
$265,900
● House - Off Market

43 Putnam Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
910 Ft²
$279,053
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Temporarily withdrew from market to do some sprucing up.  If you're looking for a three bed, one bath ranch in Westfield, this could be the one for you! This corner lot home has easy-to-maintain hardwood floors, a fenced in-yard, and a garage that has its own heating and cooling system. Did we mention the pool table? But, this home has more to offer than just fun and games. The newer roof and newer heating system mean less repairs for you in the near future. Don't wait to view this home, it won't last long.
Unit Size
910 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$297
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1953

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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 #72998940)

Price History

Date / Event Date Event Price
Aug 29, 2022 Sold
Premium
Sold
Jun 16, 2022 Listed by Neilsen Realty LLC $269,900
Listed by Neilsen Realty LLC
Aug 5, 2016 Sold
Premium
Sold
Jun 1, 2016 Listed by Neilsen Realty LLC $199,899
Listed by Neilsen Realty LLC
May 20, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • 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: 888
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,007
  • Total Building Area: 888
  • Gross Building Area: 2,624
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 812901

Geography

  • Parcel: WFLD M:75 L:25
  • Lot: 25
  • Municipality: WESTFIELD
  • Latitude: 42.1263
  • Longitude: -72.7756

    Address

  • Full Address: 43 Putnam Dr
  • Address - House Number: 43
  • Address - Street Name: Putnam
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2627
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,300

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 220,111
  • High Value: 259,228
  • Low Value: 180,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,800
  • Assessed Land Value: $98,300
  • Assessed Improvements Value: $144,500

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52072
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Amount: $195,000
  • 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:

$375,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2203 ft²

Average Home Age

67.3 years

Currently For Sale

65 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72998940

Frequently Asked Questions

When was property at 43 Putnam Drive built and last sold?
The property at 43 Putnam Drive was built in 1953 and last sold on Aug 29, 2022 for $265,900.
How much is this home worth?
The estimated value of the home located at 43 Putnam Drive is $263,883.
What are some comparable homes to 43 Putnam Drive?
There are currently no comparable homes to 43 Putnam Drive.
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