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Westfield 01085
46 Michael Drive
$320,000
● House - Off Market

46 Michael Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,845 Ft²
$504,096
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Great location for this spacious family home.  Close to Westfield High School, this home features a large private lot with woods in back..  An open floor plan on the first floor includes a large fully applianced, eat-in kitchen, large living room, family room with gas fireplace, laundry and 1/2 bathroom.  In the basement you'll find a nice spacious finished room, a brand new furnace and a/c, and a new hot water tank. This home is ready And waiting for you.  Call today and come take a look.
Unit Size
1,845 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$183
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1996

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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 #72444156)

Price History

Date / Event Date Event Price
Mar 28, 2019 Sold
Premium
Sold
Jan 21, 2019 Listed by Park Square Realty $337,000
Listed by Park Square Realty
Jul 31, 2001 Sold
Premium
Sold
Jun 4, 2001 Listed by Park Square Realty $225,500
Listed by Park Square Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 1,964
  • Gross Building Area: 3,764
  • Building Area: 1,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,964
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCARFO CONSTRUCTION INC
  • 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: 812800

Geography

  • Parcel: WFLD M:62-R L:90
  • Lot: 90
  • Municipality: WESTFIELD
  • Latitude: 42.1727
  • Longitude: -72.7552

    Address

  • Full Address: 46 Michael Dr
  • Address - House Number: 46
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: R002
  • 4-Digit Zip Code: 9752
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,900

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 457,452
  • High Value: 539,295
  • Low Value: 375,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,800
  • Assessed Land Value: $121,400
  • Assessed Improvements Value: $268,400

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15184
  • Previous Sale Recording Date: Jul 31, 2001
  • Previous Sale Amount: $225,500
  • 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:

$377,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2232 ft²

Average Home Age

65.9 years

Currently For Sale

61 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: 4 months ago
Data Source: MLS PIN, MLS# 72444156

Frequently Asked Questions

When was property at 46 Michael Drive built and last sold?
The property at 46 Michael Drive was built in 1996 and last sold on Mar 27, 2019 for $320,000.
How much is this home worth?
The estimated value of the home located at 46 Michael Drive is $340,589.
What are some comparable homes to 46 Michael Drive?
There are currently no comparable homes to 46 Michael Drive.
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