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Westfield 01085
467 Loomis Street
$230,000
● House - Off Market

467 Loomis Street

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,063 Ft²
$512,188
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

This Cape has a private rural setting, yet just minutes away to Mass Pike, highways, and shopping.  Formal dining room has hardwood floors and chandlier.  Large eat-in Kitchen has nice Bay window overlooking the backyard.  Family room has vaulted ceiling with fan, fireplace with pellet stove,bay window.  First floor bedroom has French Doors to large side deck.  Possible 4th bedroom/guestroom.  Great 2 car garage with lots of storage above.  Storage shed  (12x14) in backyard purchased in 2008.
Unit Size
2,063 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$115
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71304047)

Price History

Date / Event Date Event Price
Aug 16, 2012 Sold
Premium
Sold
Oct 24, 2011 Listed by Real Living Realty Professionals, LLC $238,000
Listed by Real Living Realty Professionals, LLC
May 1, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,268
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 2,063
  • Gross Building Area: 5,189
  • Building Area: 2,063
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001140
  • 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:2-R L:119
  • Lot: 119
  • Municipality: WESTFIELD
  • Latitude: 42.1038
  • Longitude: -72.8078

    Address

  • Full Address: 467 Loomis St
  • Address - House Number: 467
  • Address - Street Name: Loomis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 3921
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $648,600

    Appraisal Valuation

  • Standard Deviation: 0.1712
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 476,660
  • High Value: 558,292
  • Low Value: 395,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,000
  • Assessed Land Value: $111,000
  • Assessed Improvements Value: $271,000

    Sales

  • Current Sale Recording Date: Aug 16, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: May 01, 1998
  • Previous Sale Amount: $156,500
  • 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:

$379,950

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2121 ft²

Average Home Age

70.9 years

Currently For Sale

60 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: 5 months ago
Data Source: MLS PIN, MLS# 71304047

Frequently Asked Questions

When was property at 467 Loomis Street built and last sold?
The property at 467 Loomis Street was built in 1988 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 467 Loomis Street is $252,573.
What are some comparable homes to 467 Loomis Street?
There are currently no comparable homes to 467 Loomis Street.
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