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Westfield 01085
57 Tannery Rd
$194,300
● House - Off Market

57 Tannery Rd

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$292,607
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Start your home ownership journey or scale down in this adorable ranch set on a lovely half acre lot. The kitchen is a good size with a nice dining area and accent wood wall. The living room is really spacious and bright with a picture window, fireplace and accent wood wall. Master bedroom is a good size and the second bedroom is perfect for kids, guests or office space. All of the flooring is hardwood or laminate making for easy cleaning. The basement is partially finished and would make a great hangout or rec room. Be sure to put this on your showing list!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$208
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1967

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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 #72575402)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Park Square Realty $199,900
Listed by Park Square Realty
Jul 28, 2003 Sold
Premium
Sold
Jun 13, 2003 Listed by Park Square Realty $155,000
Listed by Park Square Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 960
  • Gross Building Area: 2,624
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    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:5-R L:6
  • Lot: 6
  • Municipality: WESTFIELD
  • Latitude: 42.0963
  • Longitude: -72.7595

    Address

  • Full Address: 57 Tannery Rd
  • Address - House Number: 57
  • Address - Street Name: Tannery
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C026
  • 4-Digit Zip Code: 4821
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,700

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 295,084
  • High Value: 355,999
  • Low Value: 234,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,200
  • Assessed Land Value: $102,400
  • Assessed Improvements Value: $141,800

    Sales

  • Current Sale Contract Date: Nov 23, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70495
  • Previous Sale Recording Date: Jul 28, 2003
  • Previous Sale Amount: $160,000
  • 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:

$375,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2203 ft²

Average Home Age

66 years

Currently For Sale

67 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: 4 months ago
Data Source: MLS PIN, MLS# 72575402

Frequently Asked Questions

When was property at 57 Tannery Road built and last sold?
The property at 57 Tannery Road was built in 1967 and last sold on Nov 23, 2019 for $194,300.
How much is this home worth?
The estimated value of the home located at 57 Tannery Road is $201,821.
What are some comparable homes to 57 Tannery Road?
There are currently no comparable homes to 57 Tannery Road.
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