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Westfield 01085
7 William St
$260,000
● House - Off Market

7 William St

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,280 Ft²
$258,375
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This meticulously maintained and updated vinyl sided 3 bedroom, 2.5 baths colonial with 1-car garage is conveniently located with easy access to shopping, parks and other area amenities. First floor offers: spacious kitchen with beautiful cabinets & nice appliances; bright dining room; comfortable living room; and a full bathroom with a tub. Second floor offers 3 bedrooms with closets and a half bath. Walk-out basement has a finished room, a full bath and a laundry area. Other features and updates: gas heating furnace & gas hot water tank both installed in 2019 (APO), central AC, freshly painted, plenty of parking, replacement windows, updated doors and more. Don't miss this one!
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$195
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1886

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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 months ago (MLSPIN #72987127)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $249,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
May 20, 2016 Sold
Premium
Sold
Feb 23, 2016 Listed by Berkshire Hathaway HomeServices Realty Professionals $165,000
Listed by Berkshire Hathaway HomeServices Realty Professionals
Jun 10, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1886
  • Effective Year Built: 1886
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • 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: 598
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,950
  • Total Building Area: 1,280
  • Gross Building Area: 2,629
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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:4 L:41
  • Lot: 41
  • Municipality: WESTFIELD
  • Latitude: 42.1233
  • Longitude: -72.7402

    Address

  • Full Address: 7 William St
  • Address - House Number: 7
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 3217
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,700

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 235,009
  • High Value: 276,518
  • Low Value: 193,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,600
  • Assessed Land Value: $65,800
  • Assessed Improvements Value: $137,800

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46548
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Amount: $155,000
  • 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:

$377,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2232 ft²

Average Home Age

65.9 years

Currently For Sale

61 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# 72987127

Frequently Asked Questions

When was property at 7 William Street built and last sold?
The property at 7 William Street was built in 1886 and last sold on Aug 1, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 7 William Street is $251,869.
What are some comparable homes to 7 William Street?
There are currently no comparable homes to 7 William Street.
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