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Westfield 01085
5 Stephanie Lane
$499,999
● House - Off Market

5 Stephanie Lane

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,924 Ft²
$499,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome home to this 8 room Colonial nestled on a 1.19 acre lot. This home had an expansive addition in 2020 that includes a family room, large 2 car garage with additional storage above it and a mudroom/foyer. The first floor offers an open floor plan with a spacious living and dining room (with custom built in bar area), fully equipped kitchen, large family room, full bath and a master primary suite. On the second floor you'll find 3 spacious bedrooms and a full bath. Other great features include a finished room in the basement, 2 pellet stoves, first floor laundry, whole house fan, hardwood floors, fenced in yard, patio and much more! Showings begin at our Open House Saturday August 12th from 11am-1pm.
Unit Size
2,924 Ft²
Days on Market
-
Land Size
1.19 acres
Price per sqft
$171
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1983

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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 #73146217)

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold
Premium
Sold
Aug 29, 2023 In contract -
In contract
Aug 9, 2023 Listed by Berkshire Hathaway HomeServices Realty Professionals $499,999
Listed by Berkshire Hathaway HomeServices Realty Professionals
Jun 23, 2017 Sold
Premium
Sold
Dec 15, 2016 Listed by Berkshire Hathaway HomeServices Realty Professionals $289,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Total Building Area: 2,924
  • Gross Building Area: 5,764
  • Building Area: 2,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,924
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001190
  • 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:58-R L:26
  • Lot: 26
  • Municipality: WESTFIELD
  • Latitude: 42.1511
  • Longitude: -72.6999

    Address

  • Full Address: 5 Stephanie Ln
  • Address - House Number: 5
  • Address - Street Name: Stephanie
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1484
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $697,700

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 515,703
  • High Value: 560,554
  • Low Value: 470,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,900
  • Assessed Land Value: $121,200
  • Assessed Improvements Value: $289,700

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 54120
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Amount: $289,900
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 years

Currently For Sale

69 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: 5 months ago
Data Source: MLS PIN, MLS# 73146217

Frequently Asked Questions

When was property at 5 Stephanie Lane built and last sold?
The property at 5 Stephanie Lane was built in 1983 and last sold on Nov 13, 2023 for $499,999.
How much is this home worth?
The estimated value of the home located at 5 Stephanie Lane is $507,515.
What are some comparable homes to 5 Stephanie Lane?
There are currently no comparable homes to 5 Stephanie Lane.
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