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Westfield 01085
71 Putnam Dr
$250,000
● House - Off Market

71 Putnam Dr

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,120 Ft²
$343,864
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Well maintained vinyl sided ranch in great location set on a .33  acre level lot with fenced backyard. This home has so much to offer and features updated kitchen w/appliances to remain, Central Air, Gleaming Hardwood Flooring, Large Master Bedroom w/Master Bath and 1st floor Laundry, Walk-up Attic great for extra storage,Replacement Windows, Lots of closet space, Enclosed Porch w/Oversized attached storage area, Large Shed w/Electricity, 2 car Attached Garage. Town water & sewer!
Unit Size
1,120 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$221
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1955

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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 #72658798)

Price History

Date / Event Date Event Price
Jul 24, 2020 Sold
Premium
Sold
May 19, 2020 Listed by Real Living Realty Professionals, LLC $248,000
Listed by Real Living Realty Professionals, LLC
Jul 28, 2014 Sold
Premium
Sold
Apr 4, 2014 Listed by Real Living Realty Professionals, LLC $194,900
Listed by Real Living Realty Professionals, LLC
Jun 30, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,120
  • Gross Building Area: 2,640
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • 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: 812901

Geography

  • Parcel: WFLD M:75 L:31
  • Lot: 31
  • Municipality: WESTFIELD
  • Latitude: 42.1256
  • Longitude: -72.7762

    Address

  • Full Address: 71 Putnam Dr
  • Address - House Number: 71
  • Address - Street Name: Putnam
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2627
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,300

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 313,475
  • High Value: 375,890
  • Low Value: 251,059

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,100
  • Assessed Land Value: $99,500
  • Assessed Improvements Value: $158,600

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39968
  • Previous Sale Recording Date: Jul 28, 2014
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 71
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

2210 ft²

Average Home Age

66.6 years

Currently For Sale

64 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# 72658798

Frequently Asked Questions

When was property at 71 Putnam Drive built and last sold?
The property at 71 Putnam Drive was built in 1955 and last sold on Jul 24, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 71 Putnam Drive is $249,852.
What are some comparable homes to 71 Putnam Drive?
There are currently no comparable homes to 71 Putnam Drive.
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