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Westfield 01085
488 Shaker Rd
Photo of 488 Shaker Rd
Sold on May 30, 2025

13

Map

Photo of 488 Shaker Rd
Photo of 488 Shaker Rd
$310,000
● House - Off Market

488 Shaker Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$1,767
Est. Monthly
7.72%
Cap Rate

About This Property

A perfect opportunity to create a lovely home or be a  savvy investor. The first floor offers  a large eat in kitchen with access to a 3 season room, a full bath, a bedroom that was previously used as a dining room , a second bedroom, and  living room, hard wood floors  . The second floor is fully dormered with 2 bedrooms and a full bath. Partially finished basement  city water and sewer, natural gas.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$220
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1970

Payment Calculator

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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: 2 years ago (MLSPIN #73367163)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
May 6, 2025 In contract -
In contract
Apr 30, 2025 Listed $284,900
Listed
Apr 30, 1999 Sold
Premium
Sold
Nov 6, 1998 Listed $129,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,296
  • Gross Building Area: 2,712
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 812600

Geography

  • Parcel: WFLD M:143 L:3
  • Lot: 3
  • Municipality: WESTFIELD
  • Latitude: 42.0873
  • Longitude: -72.7257

    Address

  • Full Address: 488 Shaker Rd
  • Address - House Number: 488
  • Address - Street Name: Shaker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5027
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,800

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 328,581
  • High Value: 387,708
  • Low Value: 269,454

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,600
  • Assessed Land Value: $99,900
  • Assessed Improvements Value: $149,700

    Sales

  • Current Sale Recording Date: Apr 30, 1999
  • Current Sale Price:
    Premium
  • Current 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

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2216 ft²

Average Home Age

66.4 years

Currently For Sale

62 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: 2 years ago
Data Source: MLS PIN, MLS# 73367163

Frequently Asked Questions

When was property at 488 Shaker Road built and last sold?
The property at 488 Shaker Road was built in 1970 and last sold on Jan 1, 1970 for $12,900.
How much is this home worth?
The estimated value of the home located at 488 Shaker Road is $0.
What are some comparable homes to 488 Shaker Road?
There are currently no comparable homes to 488 Shaker Road.
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