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Westfield 01085
51 Pineridge Drive
$339,900
● House - Off Market

51 Pineridge Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,530 Ft²
$631,786
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

One of Ridgecrest's finest Contemporary homes.  In excellent condition this spacious 2,530 sq. ft. home has a gorgeous heated sunroom overlooking a pristine fish pond with a waterfall.  Step into the granite tiled foyer and up the stairs to the large living room with new skylights and hardwood flooring.  The open kitchen has corian counter tops, a granite top island, glass tiled back splash, new skylights and sliders to the pressure treated deck.  The finished basement has a home theater system with surround sound and wet bar with refrigerator.  New water heater, new dishwasher and new air conditioner unit are just some of the many updates.  Make an appointment today to see this beautiful home!
Unit Size
2,530 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$134
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
1985

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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: 5 months ago (MLSPIN #71652480)

Price History

Date / Event Date Event Price
Jun 12, 2014 Sold
Premium
Sold
Mar 31, 2014 Listed by Witalisz & Associates, Inc. $339,900
Listed by Witalisz & Associates, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • 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: 1,368
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 2,348
  • Gross Building Area: 4,702
  • Building Area: 2,348
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,348
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000517
  • 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:153 L:29
  • Lot: 29
  • Municipality: WESTFIELD
  • Latitude: 42.1039
  • Longitude: -72.7228

    Address

  • Full Address: 51 Pineridge Dr
  • Address - House Number: 51
  • Address - Street Name: Pineridge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 4544
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $722,000

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 520,218
  • High Value: 617,873
  • Low Value: 422,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $425,200
  • Assessed Land Value: $127,100
  • Assessed Improvements Value: $298,100

    Sales

  • Current Sale Recording Date: Jun 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27073
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

51

Average Home Size

2130 ft²

Average Home Age

68.2 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71652480

Frequently Asked Questions

When was property at 51 Pineridge Drive built and last sold?
The property at 51 Pineridge Drive was built in 1985 and last sold on Jan 1, 1970 for $339,900.
How much is this home worth?
The estimated value of the home located at 51 Pineridge Drive is $357,079.
What are some comparable homes to 51 Pineridge Drive?
There are currently no comparable homes to 51 Pineridge Drive.
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