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Westfield 01085
7 Briarcliff Drive
$124,900
● Land - Off Market

7 Briarcliff Drive

Westfield, MA 01085
bedrooms
Studio
bathrooms
0 Bath
$273,201
RealtyHop Estimate
118.74%
Since Feb 1, 2004
National-US
Primary Model

About This Property

LAST KNOWN LOT IN BEAUTIFUL SUBDIVISION OFF STONYHILL ROAD. PUBLIC WATER AND SEWER, WOODED AND LEVEL.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$145
HOA Dues
-
Year Built
1974

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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 years ago (MLSPIN #30761016)

Price History

Date / Event Date Event Price
Jan 30, 2004 Sold
Premium
Sold
Aug 27, 2003 Listed by Lee Powell & Associates $124,900
Listed by Lee Powell & Associates
Jan 26, 2001 Sold
Premium
Sold
Feb 28, 1995 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 21
  • Exterior Walls Type: 18
  • 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: 1,430
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 86,249
  • Total Building Area: 2,924
  • Gross Building Area: 5,478
  • Building Area: 2,924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001980
  • 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:286 L:57
  • Lot: 57
  • Municipality: WESTFIELD
  • Latitude: 42.1209
  • Longitude: -72.7089

    Address

  • Full Address: 7 Briarcliff Dr
  • Address - House Number: 7
  • Address - Street Name: Briarcliff
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1821
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $769,000

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 591,726
  • High Value: 692,913
  • Low Value: 490,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,900
  • Assessed Land Value: $123,200
  • Assessed Improvements Value: $329,700

    Sales

  • Current Sale Recording Date: Jan 26, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 28, 1995
  • Previous Sale Amount: $196,000
  • 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:

$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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30761016

Frequently Asked Questions

When was property at 7 Briarcliff Drive built and last sold?
The property at 7 Briarcliff Drive was built in 1974 and last sold on Jan 1, 1970 for $299,000.
How much is this home worth?
The estimated value of the home located at 7 Briarcliff Drive is $0.
What are some comparable homes to 7 Briarcliff Drive?
There are currently no comparable homes to 7 Briarcliff Drive.
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