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Westfield 01085
5 Carpenter Ave
$270,000
● House - Off Market

5 Carpenter Ave

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,340 Ft²
$263,563
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

MOVE IN READY, you won't have to do anything but pack your stuff and start enjoying your new place!  This light and bright Colonial  is close to many area amenities such as downtown Westfield and the Mass Pike. Plenty of off-street parking with two driveways. Large backyard with privacy fencing and patio. Updates include a newer roof, updated electrical, newer plumbing, and newer water heater. Great laminate flooring, updated kitchen cabinets and appliances. The first floor offers a sunny living room (formerly used as 4th bedroom), full bathroom with laundry area and a second full bath, and a spacious eat-in kitchen with newer appliances.  Kitchen is accessible to patio for outdoor recreation. Three bedrooms upstairs. Stop paying rent and own your own home!
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$194
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1900

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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 #72950682)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
Mar 9, 2022 Listed by RE/MAX Compass $260,000
Listed by RE/MAX Compass
Mar 17, 2021 Sold
Premium
Sold
Oct 7, 2020 Listed by RE/MAX Compass $229,900
Listed by RE/MAX Compass
Nov 15, 2018 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • 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: 810
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,640
  • Total Building Area: 1,340
  • Gross Building Area: 2,510
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 812500

Geography

  • Parcel: WFLD M:224 L:5
  • Lot: 5
  • Municipality: WESTFIELD
  • Latitude: 42.1303
  • Longitude: -72.7351

    Address

  • Full Address: 5 Carpenter Ave
  • Address - House Number: 5
  • Address - Street Name: Carpenter
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2405
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,500

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 292,399
  • High Value: 352,693
  • Low Value: 232,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,800
  • Assessed Land Value: $67,100
  • Assessed Improvements Value: $151,700

    Sales

  • Current Sale Contract Date: Apr 22, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24661
  • Previous Sale Recording Date: Mar 17, 2021
  • Previous Sale Contract Date: Mar 17, 2021
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: O
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

2210 ft²

Average Home Age

66.6 years

Currently For Sale

64 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# 72950682

Frequently Asked Questions

When was property at 5 Carpenter Avenue built and last sold?
The property at 5 Carpenter Avenue was built in 1900 and last sold on Apr 22, 2022 for $270,000.
How much is this home worth?
The estimated value of the home located at 5 Carpenter Avenue is $260,162.
What are some comparable homes to 5 Carpenter Avenue?
There are currently no comparable homes to 5 Carpenter Avenue.
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