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Westfield 01085
55 Loomis Ave
$319,900
● House - Off Market

55 Loomis Ave

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,264 Ft²
$1,941
Est. Monthly

About This Property

Lovely brick cape filled with natural light, located close to area amenities and the local hospital for easy commuting on a quiet side street. Two generous bedrooms on the first floor and a nicely appointed kitchen that is partially open to the living area, and leads to a three season room and a flat fenced in large back yard. There are mostly vinyl windows throughout the home, and upstairs are two finished rooms.  This basement is a blank canvas, great for a hang out space with a jukebox for the new owners, and plenty of storage space.  Newer natural gas Buderus Boiler, and whip city fiber internet is set up. Move in to your new home and enjoy it right away!
Unit Size
1,264 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$253
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1951

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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 #73283580)

Price History

Date / Event Date Event Price
Oct 24, 2024 Sold
Premium
Sold
Sep 24, 2024 In contract -
In contract
Sep 2, 2024 Listed by Alex Anthony R.E. $319,900
Listed by Alex Anthony R.E.
Mar 12, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,682
  • Total Building Area: 1,264
  • Gross Building Area: 2,888
  • Building Area: 1,264
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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: 812701

Geography

  • Parcel: WFLD M:36 L:67
  • Lot: 67
  • Municipality: WESTFIELD
  • Latitude: 42.1157
  • Longitude: -72.761

    Address

  • Full Address: 55 Loomis Ave
  • Address - House Number: 55
  • Address - Street Name: Loomis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 4367
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $427,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 304,946
  • High Value: 372,614
  • Low Value: 237,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,500
  • Assessed Land Value: $98,600
  • Assessed Improvements Value: $152,900

    Sales

  • Current Sale Recording Date: Mar 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10857
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:

$379,999

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2178 ft²

Average Home Age

73.4 years

Currently For Sale

56 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: 5 months ago
Data Source: MLS PIN, MLS# 73283580

Frequently Asked Questions

When was property at 55 Loomis Avenue built and last sold?
The property at 55 Loomis Avenue was built in 1951 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 55 Loomis Avenue is $319,442.
What are some comparable homes to 55 Loomis Avenue?
There are currently no comparable homes to 55 Loomis Avenue.
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