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Westfield 01085
554 Montgomery Rd
$243,500
● House - Off Market

554 Montgomery Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,084 Ft²
$383,484
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

If you crave life in the country, but don't want to be too far from town -this is the house for you! Set on a beautiful level lot in the Wyben section of Montgomery is this charming country farmhouse with spaces for everyone and room to grow! Featuring the master bedroom, full bath and laundry on the first floor for ease of use and additional bedrooms and another full bath upstairs. There is additional space on the second level that could be finished for more rooms, if needed. Two outbuildings are awesome for the yard and outdoor enthusiast to store all the "toys". Wood floors flow throughout the home and many updates have been made to the structure and mechanics of the property.
Unit Size
2,084 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$120
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1820

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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 #72279729)

Price History

Date / Event Date Event Price
Apr 20, 2018 Sold
Premium
Sold
Feb 9, 2018 Listed by Park Square Realty $249,900
Listed by Park Square Realty
May 31, 2006 Sold
Premium
Sold
Oct 11, 2005 Listed by Park Square Realty $285,000
Listed by Park Square Realty
Jan 5, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1820
  • Effective Year Built: 1820
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 54,450
  • Total Building Area: 2,084
  • Gross Building Area: 3,580
  • Building Area: 2,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001250
  • 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:53-R L:2
  • Lot: 2
  • Municipality: WESTFIELD
  • Latitude: 42.1725
  • Longitude: -72.7776

    Address

  • Full Address: 554 Montgomery Rd
  • Address - House Number: 554
  • Address - Street Name: Montgomery
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1073
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $560,000

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 356,501
  • High Value: 438,736
  • Low Value: 274,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,800
  • Assessed Land Value: $111,300
  • Assessed Improvements Value: $218,500

    Sales

  • Current Sale Recording Date: Apr 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21223
  • Previous Sale Recording Date: May 31, 2006
  • Previous Sale Amount: $267,000
  • Previous Sale Document Type: 27
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72279729

Frequently Asked Questions

When was property at 554 Montgomery Road built and last sold?
The property at 554 Montgomery Road was built in 1820 and last sold on Jan 1, 1970 for $243,500.
How much is this home worth?
The estimated value of the home located at 554 Montgomery Road is $266,222.
What are some comparable homes to 554 Montgomery Road?
There are currently no comparable homes to 554 Montgomery Road.
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