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Westfield 01085
50 Ridgecrest Circle
$385,000
● House - Off Market

50 Ridgecrest Circle

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$404,536
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Meticulous cape cod home  with 3 spacious bedrooms, 2 full baths that have been updated with quality finishes,  finished basement, screened 3 season porch and fenced in yard.  This homes features a large mudroom with pellet stove with updated kitchen with maple cabinetry, granite countertops and open floorplan. Hardwood flooring thorughout - First floor bedroom with 2 oversized bedrooms on 2nd floor. Current owners have replaced driveway, sidewalk, boiler and hot water were installed in 2020 and converted to natural gas.  Large screened in porch overlooks fenced in back yard and deck.   Basement is finished with family room, laundry room and walks out to back yard.  Stop by this Tuesday and be impressed!
Unit Size
1,728 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$231
Property Type
House
Property Taxes
$473
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72958114)

Price History

Date / Event Date Event Price
Jun 2, 2022 Sold
Premium
Sold
Mar 27, 2022 Listed by RE/MAX Compass $399,900
Listed by RE/MAX Compass
Jul 31, 2019 Sold
Premium
Sold
Apr 17, 2019 Listed by RE/MAX Compass $305,000
Listed by RE/MAX Compass
Nov 18, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,800
  • Total Building Area: 1,728
  • Gross Building Area: 3,948
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000546
  • 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:118 L:20
  • Lot: 20
  • Municipality: WESTFIELD
  • Latitude: 42.1075
  • Longitude: -72.724

    Address

  • Full Address: 50 Ridgecrest Cir
  • Address - House Number: 50
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4526
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $584,600

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 419,355
  • High Value: 494,382
  • Low Value: 344,328

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,300
  • Assessed Land Value: $122,300
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33531
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 26, 2019
  • Previous Sale Amount: $293,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72958114

Frequently Asked Questions

When was property at 50 Ridgecrest Circle built and last sold?
The property at 50 Ridgecrest Circle was built in 1956 and last sold on Jun 1, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 50 Ridgecrest Circle is $396,595.
What are some comparable homes to 50 Ridgecrest Circle?
There are currently no comparable homes to 50 Ridgecrest Circle.
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