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Westfield 01085
56 Susan Drive
$272,000
● House - Off Market

56 Susan Drive

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,764 Ft²
$374,229
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Terrific family home in sought after neighborhood with mountain  views and private   wooded back yard.  One owner vinyl sided  Colonial with  four bedrooms and two full baths.  Slate foyer with closet. Large dining room with chair rail.  Updated   kitchen with  granite counters,  tile back splash, eat-in area,   and  a new slider out to a freshly stained deck.   Front to back living room with fireplace.  First floor laundry with tile floor.    Second floor has four good size bedrooms and a full bath. All appliances to remain.   Replacement windows and raised panel doors.   Finish rec room in basement with knotty pine walls and ceiling.   One car under garage. Title V in hand.  Golf course, shopping and highway access just minutes away.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$153
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1983

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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 years ago (MLSPIN #72659286)

Price History

Date / Event Date Event Price
Jul 8, 2020 Sold
Premium
Sold
May 20, 2020 Listed by Kelley & Katzer Real Estate, LLC $269,900
Listed by Kelley & Katzer Real Estate, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 864
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,276
  • Total Building Area: 1,764
  • Gross Building Area: 2,788
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • 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: 812500

Geography

  • Parcel: WFLD M:290 L:53
  • Lot: 53
  • Municipality: WESTFIELD
  • Latitude: 42.1556
  • Longitude: -72.6944

    Address

  • Full Address: 56 Susan Dr
  • Address - House Number: 56
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1433
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,100

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 369,785
  • High Value: 438,492
  • Low Value: 301,078

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,100
  • Assessed Land Value: $113,000
  • Assessed Improvements Value: $192,100

    Sales

  • Current Sale Contract Date: Jun 17, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 36322
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

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2158 ft²

Average Home Age

68.4 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72659286

Frequently Asked Questions

When was property at 56 Susan Drive built and last sold?
The property at 56 Susan Drive was built in 1983 and last sold on Jun 17, 2020 for $272,000.
How much is this home worth?
The estimated value of the home located at 56 Susan Drive is $0.
What are some comparable homes to 56 Susan Drive?
There are currently no comparable homes to 56 Susan Drive.
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