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Westfield 01085
56 Colony Cir
Photo of 56 Colony Cir
Sold on May 27, 2009

1

Map

$249,000
● House - Off Market

56 Colony Cir

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,850 Ft²
$537,140
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

This house has had a face lift! Highlights are as follows: Central Air '07,  Electrical updated '07, Brand new furnace/boiler, New roof on order 3/09 (to be done ASAP), extra water tank added to tankless system in '05 (never run out of hot water!), New stainless steel fridge, all new faucets, freshly painted let's also not forget its vinyl sided and in a wonderful neighborhood.......Call for your private showing today~
Unit Size
1,850 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$140
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1987

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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: 4 months ago (MLSPIN #70884496)

Price History

Date / Event Date Event Price
May 27, 2009 Sold
Premium
Sold
Mar 6, 2009 Listed $259,000
Listed
Jun 30, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,346
  • Gross Building Area: 2,842
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • 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:16-R L:45
  • Lot: 45
  • Municipality: WESTFIELD
  • Latitude: 42.1001
  • Longitude: -72.7452

    Address

  • Full Address: 56 Colony Cir
  • Address - House Number: 56
  • Address - Street Name: Colony
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C026
  • 4-Digit Zip Code: 4837
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $506,700

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 386,488
  • High Value: 459,039
  • Low Value: 313,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,400
  • Assessed Land Value: $111,500
  • Assessed Improvements Value: $186,900

    Sales

  • Current Sale Recording Date: May 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33727
  • Previous Sale Recording Date: Jun 30, 1989
  • Previous Sale Amount: $185,000
  • 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:

$377,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2216 ft²

Average Home Age

66.4 years

Currently For Sale

62 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# 70884496

Frequently Asked Questions

When was property at 56 Colony Circle built and last sold?
The property at 56 Colony Circle was built in 1987 and last sold on Jan 1, 1970 for $249,000.
How much is this home worth?
The estimated value of the home located at 56 Colony Circle is $270,060.
What are some comparable homes to 56 Colony Circle?
There are currently no comparable homes to 56 Colony Circle.
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