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Westfield 01085
7 Oak Sreet
$185,000
● House - Off Market

7 Oak Sreet

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,368 Ft²
$408,901
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

Charming best describes this well cared for colonial home.  The kitchen has been updated with new cabinets, countertops and flooring.  A cozy dining area with a full wall of cabinets has windows overlooking the fenced in back yard. The large living room has a hardwood floor, fireplace, crown molding and door leading to the sun room.  A formal dining room offers hardwood floor and crown molding.   Included are the stove, refrigerator, washer, dryer and all window treatments.
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$139
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1933

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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: 4 months ago (MLSPIN #71361822)

Price History

Date / Event Date Event Price
Jun 10, 2021 Sold
Premium
Sold
Mar 9, 2021 Listed by Coldwell Banker Residential Brokerage - Westfield $224,900
Listed by Coldwell Banker Residential Brokerage - Westfield
Jun 22, 2012 Sold
Premium
Sold
Apr 3, 2012 Listed by Coldwell Banker Residential Brokerage - Westfield $189,900
Listed by Coldwell Banker Residential Brokerage - Westfield
Feb 27, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • 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: 664
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,458
  • Total Building Area: 1,368
  • Gross Building Area: 2,800
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 812701

Geography

  • Parcel: WFLD M:36 L:22
  • Lot: 22
  • Municipality: WESTFIELD
  • Latitude: 42.1138
  • Longitude: -72.7635

    Address

  • Full Address: 7 Oak St
  • Address - House Number: 7
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 4328
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,900

    Appraisal Valuation

  • Standard Deviation: 0.2422
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 293,667
  • High Value: 364,810
  • Low Value: 222,524

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,700
  • Assessed Land Value: $96,900
  • Assessed Improvements Value: $159,800

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jun 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39781
  • Previous Sale Recording Date: Jun 22, 2012
  • Previous Sale Amount: $185,000
  • 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

$230

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2158 ft²

Average Home Age

68.4 years

Currently For Sale

68 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: 4 months ago
Data Source: MLS PIN, MLS# 71361822

Frequently Asked Questions

When was property at 7 Oak Street built and last sold?
The property at 7 Oak Street was built in 1933 and last sold on Jun 10, 2021 for $251,000.
How much is this home worth?
The estimated value of the home located at 7 Oak Street is $231,445.
What are some comparable homes to 7 Oak Street?
There are currently no comparable homes to 7 Oak Street.
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