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Westfield 01085
55 Crown Street
$305,000
● House - Off Market

55 Crown Street

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$295,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Meticulous Ranch with 2 Car Garage is ready for you to move right in!   Features include hardwood flooring throughout most of home, spacious living room, GREAT sunroom/screened-in porch for seasonal living, finished room in basement for home office, man-cave, exercise equipment, etc. Exterior boasts window awnings to help cool the house in the summer, huge deck for backyard barbeque and a shed for storage.   Located close to highway access, downtown, schools, restaurants, shopping!   Quick occupancy is available.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$222
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1960

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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 #73171826)

Price History

Date / Event Date Event Price
Nov 24, 2023 Sold
Premium
Sold
Nov 4, 2023 In contract -
In contract
Oct 18, 2023 Listed by Coldwell Banker Realty - Western MA $295,000
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,328
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,852
  • Total Building Area: 1,328
  • Gross Building Area: 3,572
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000639
  • 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: 812800

Geography

  • Parcel: WFLD M:204 L:64
  • Lot: 64
  • Municipality: WESTFIELD
  • Latitude: 42.139
  • Longitude: -72.7447

    Address

  • Full Address: 55 Crown St
  • Address - House Number: 55
  • Address - Street Name: Crown
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1143
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,300

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 300,328
  • High Value: 326,447
  • Low Value: 274,208

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,100
  • Assessed Land Value: $90,200
  • Assessed Improvements Value: $167,900

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Nov 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56087
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

2131 ft²

Average Home Age

65.5 years

Currently For Sale

68 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# 73171826

Frequently Asked Questions

When was property at 55 Crown Street built and last sold?
The property at 55 Crown Street was built in 1960 and last sold on Nov 22, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 55 Crown Street is $300,599.
What are some comparable homes to 55 Crown Street?
There are currently no comparable homes to 55 Crown Street.
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