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Westfield 01085
73 Ridgecrest Circle
$281,000
● House - Off Market

73 Ridgecrest Circle

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,248 Ft²
$377,767
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Don't miss this opportunity to own this 4 bedroom, 2.5 bath Colonial situated on 1.56 acre lot in Ridgecrest!  This home needs some TLC and updating to bring it back to it's glory, but the potential is HUGE! Formal dining room, front to back Living Room with fireplace, Family Room with built-in bookcases and desk...The second floor has a large Master and 3 more generous sized bedrooms... This home is priced accordingly! Home sold STRICTLY AS-IS - Sellers will not do any/allow any repairs ahead of closing -- beware oven doesn't work, master shower may leak, garage door doesn't close right. Please be respectful and do not peel wallpaper. Newer boiler (2007), new oil tank (2-3 yrs old), new tub/shower in main bath.  Offer deadline- highest and best by Mon 10/12 5pm
Unit Size
2,248 Ft²
Days on Market
-
Land Size
1.56 acres
Price per sqft
$127
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1962

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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: 5 years ago (MLSPIN #72738617)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Oct 6, 2020 Listed by Keller Williams Realty $285,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,348
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,954
  • Total Building Area: 2,248
  • Gross Building Area: 3,596
  • Building Area: 2,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001560
  • 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: 812600

Geography

  • Parcel: WFLD M:118 L:10
  • Lot: 10
  • Municipality: WESTFIELD
  • Latitude: 42.1072
  • Longitude: -72.7262

    Address

  • Full Address: 73 Ridgecrest Cir
  • Address - House Number: 73
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4525
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $567,000

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 390,012
  • High Value: 462,477
  • Low Value: 317,547

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,900
  • Assessed Land Value: $132,600
  • Assessed Improvements Value: $201,300

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70203
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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72738617

Frequently Asked Questions

When was property at 73 Ridgecrest Circle built and last sold?
The property at 73 Ridgecrest Circle was built in 1962 and last sold on Nov 20, 2020 for $281,000.
How much is this home worth?
The estimated value of the home located at 73 Ridgecrest Circle is $0.
What are some comparable homes to 73 Ridgecrest Circle?
There are currently no comparable homes to 73 Ridgecrest Circle.
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