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Westfield 01085
67 Mechanic Street
Photo of 67 Mechanic Street

1

Map

$155,000
● House - Off Market

67 Mechanic Street

Westfield, MA 01085
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,528 Ft²
$982
Est. Monthly

About This Property

Attention landlords and investors! This property has 6 room apartment with 1.5 baths plus an additional 4 room apt with 1 bath, perfect for students/administration.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$61
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1880

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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 #71134928)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Jan 30, 2015 Sold
Premium
Sold
Dec 19, 2014 Listed by Park Square Realty $75,000
Listed by Park Square Realty
Sep 10, 2010 Listed by Park Square Realty $155,000
Listed by Park Square Realty
Jun 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 1,072
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,528
  • Gross Building Area: 3,973
  • Building Area: 2,528
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: 812702

Geography

  • Parcel: WFLD M:10 L:42
  • Lot: 42
  • Municipality: WESTFIELD
  • Latitude: 42.1245
  • Longitude: -72.7455

    Address

  • Full Address: 67 Mechanic St
  • Address - House Number: 67
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,300

    Appraisal Valuation

  • Standard Deviation: 0.2781
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 316,708
  • High Value: 404,797
  • Low Value: 228,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,600
  • Assessed Land Value: $67,400
  • Assessed Improvements Value: $38,200

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29584
  • Previous Sale Recording Date: Jan 30, 2015
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: O
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:

$384,900

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2165 ft²

Average Home Age

74.6 years

Currently For Sale

55 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71134928

Frequently Asked Questions

When was property at 67 Mechanic Street built and last sold?
The property at 67 Mechanic Street was built in 1880 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 67 Mechanic Street is $75,888.
What are some comparable homes to 67 Mechanic Street?
There are currently no comparable homes to 67 Mechanic Street.
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