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Westfield 01085
61 Broadway
$325,000
● House - Off Market

61 Broadway

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,229 Ft²
$305,932
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Immaculate and move-in ready, this 3 Bedroom, 2 Full Bath Cape is loaded with charm.   The front to back living/dining room combo features fireplace with built-in bookshelves, beautiful picture window and has french doors that open into the bright and cheery sunroom - perfect place for morning coffee/tea!   First floor main bedroom located adjacent to full bath.   Second level offers another full bath and two more bedrooms.    Located within minutes to Stanley Park!!!  Enjoy the very private back yard and listen to Sunday Night Concerts at the park from your OWN patio - just bring the lemonade!  Don't miss this one!  Offer Deadline Monday 9/12 at 8:00.
Unit Size
1,229 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$236
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1948

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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 months ago (MLSPIN #73032384)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $289,900
Relisted
Sep 19, 2022 In contract -
In contract
Sep 6, 2022 Listed by Coldwell Banker Realty - Westfield $289,900
Listed by Coldwell Banker Realty - Westfield

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 839
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,125
  • Total Building Area: 1,229
  • Gross Building Area: 2,712
  • Building Area: 1,229
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,229
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000187
  • 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: 812901

Geography

  • Parcel: WFLD M:50 L:17
  • Lot: 17
  • Municipality: WESTFIELD
  • Latitude: 42.1223
  • Longitude: -72.7807

    Address

  • Full Address: 61 Broadway
  • Address - House Number: 61
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Westfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 3432
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,600

    Appraisal Valuation

  • Standard Deviation: 0.2109
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 299,283
  • High Value: 362,423
  • Low Value: 236,142

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,200
  • Assessed Land Value: $97,200
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65501
  • Previous Sale Recording Date: Jan 29, 2014
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2098 ft²

Average Home Age

64.8 years

Currently For Sale

70 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# 73032384

Frequently Asked Questions

When was property at 61 Broadway built and last sold?
The property at 61 Broadway was built in 1948 and last sold on Nov 3, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 61 Broadway is $296,640.
What are some comparable homes to 61 Broadway?
There are currently no comparable homes to 61 Broadway.
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