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Westfield 01085
71 Loomis Ave
Photo of 71 Loomis Ave
Sold on Aug 15, 2006

1

Map

$218,000
● House - Off Market

71 Loomis Ave

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,476 Ft²
$381,169
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Charming colonial, large kitchen, dining rm open to living rm w/beautiful french doors & a wonderful fireplace. Hrdwd flrs in most of the rms, great finished rm in the basement w/wood flring, full attic, 2 phone lines. Large yard offers a 2 car garage, above ground pool w/deck, fish pond, fruit trees & fenced on 3 sides. A great place to call home whether you are entertaining or just relaxing. Conveniently located to downtown area, Stanley Park area, Ameilia Park, the post office & shopping.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$153
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1925

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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 #70325458)

Price History

Date / Event Date Event Price
Aug 15, 2006 Sold
Premium
Sold
Feb 3, 2006 Listed $226,000
Listed
Jul 1, 1997 Sold
Premium
Sold
Apr 30, 1997 Listed $104,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,476
  • Gross Building Area: 2,952
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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:70
  • Lot: 70
  • Municipality: WESTFIELD
  • Latitude: 42.1152
  • Longitude: -72.7614

    Address

  • Full Address: 71 Loomis Ave
  • Address - House Number: 71
  • Address - Street Name: Loomis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 4367
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 312,149
  • High Value: 374,300
  • Low Value: 249,997

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,300
  • Assessed Land Value: $98,900
  • Assessed Improvements Value: $153,400

    Sales

  • Current Sale Recording Date: Aug 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 132349
  • Previous Sale Recording Date: Jul 01, 1997
  • Previous Sale Amount: $104,900
  • 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:

$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# 70325458

Frequently Asked Questions

When was property at 71 Loomis Avenue built and last sold?
The property at 71 Loomis Avenue was built in 1925 and last sold on Jan 1, 1970 for $218,000.
How much is this home worth?
The estimated value of the home located at 71 Loomis Avenue is $229,598.
What are some comparable homes to 71 Loomis Avenue?
There are currently no comparable homes to 71 Loomis Avenue.
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