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Westfield 01085
69 Old Farm Rd
$245,000
● House - Off Market

69 Old Farm Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,340 Ft²
$350,517
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

WOW!  All updated MOVE-IN READY!!!!  3 Bedroom Vinyl Sided Raised Ranch located in a very sought out area in Munger Hill School District.  Gorgeous Kitchen with Granite, New Cabinets, subway back splash, light fixtures and stainless steel appliances all remain.  Updated Bath.  Gleaming Hardwood floors throughout most of the main level of home.  Home has been freshly painted throughout.  New Septic 2019.  New Furnace.  Washer and Dryer remain and extra fridge in garage.  Gorgeous finished lower level with new Berber carpeting and a  stunning stone fireplace!  Walking distance to the Rail Trail and short drive to Westfield University and Baystate Noble Hospital.  EASY TO SHOW. Don't forget to check out the Virtual Tour!
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$187
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1972

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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 #72651911)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
May 5, 2020 Listed by Keller Williams Realty $250,000
Listed by Keller Williams Realty
Aug 7, 2019 Sold
Premium
Sold
May 16, 2019 Listed by Keller Williams Realty $259,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 972
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 1,040
  • Gross Building Area: 2,132
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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:145 L:35
  • Lot: 35
  • Municipality: WESTFIELD
  • Latitude: 42.0918
  • Longitude: -72.7471

    Address

  • Full Address: 69 Old Farm Rd
  • Address - House Number: 69
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5017
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $462,900

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 343,400
  • High Value: 407,205
  • Low Value: 279,595

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,600
  • Assessed Land Value: $111,500
  • Assessed Improvements Value: $161,100

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33670
  • Previous Sale Recording Date: Aug 07, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $250,000
  • 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:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 years

Currently For Sale

69 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# 72651911

Frequently Asked Questions

When was property at 69 Old Farm Road built and last sold?
The property at 69 Old Farm Road was built in 1972 and last sold on Jun 18, 2020 for $245,000.
How much is this home worth?
The estimated value of the home located at 69 Old Farm Road is $258,955.
What are some comparable homes to 69 Old Farm Road?
There are currently no comparable homes to 69 Old Farm Road.
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