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Westfield 01085
75 Western Ave
$227,000
● House - Off Market

75 Western Ave

Westfield, MA 01085
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,103 Ft²
$538,237
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model

About This Property

Charming home set nicely between University and city center. Wonderful yard with in ground pool. Lovely wood floors.  Some stair and porch work needed but worth the effort.**Freddie Mac Winter Owner Occupied Promo: Submit an offer before 1/31/12 and close by 3/15/12 and receive 3% seller-paid closing costs & $1K buyer agent bonus (must be written into the initial offer)***All offers must have "Proof of Funds or Pre-Approval. 2 yr Warranty for Owner Occupied.
Unit Size
3,103 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$77
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1912

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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 #71321940)

Price History

Date / Event Date Event Price
Jan 31, 2017 Sold
Premium
Sold
Mar 30, 2012 Sold
Premium
Sold
Dec 27, 2011 Listed by The Murphys REALTORS®, Inc. $239,900
Listed by The Murphys REALTORS®, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,230
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,100
  • Total Building Area: 3,103
  • Gross Building Area: 5,992
  • Building Area: 3,103
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,103
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000599
  • 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:44 L:3
  • Lot: 3
  • Municipality: WESTFIELD
  • Latitude: 42.1224
  • Longitude: -72.7726

    Address

  • Full Address: 75 Western Ave
  • Address - House Number: 75
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2635
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $548,600

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 383,522
  • High Value: 457,839
  • Low Value: 309,204

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $323,100
  • Assessed Land Value: $113,500
  • Assessed Improvements Value: $209,600

    Sales

  • Current Sale Recording Date: Jan 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5497
  • Previous Sale Recording Date: Mar 30, 2012
  • Previous Sale Amount: $227,000
  • 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

$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# 71321940

Frequently Asked Questions

When was property at 75 Western Avenue built and last sold?
The property at 75 Western Avenue was built in 1912 and last sold on Jan 1, 1970 for $269,500.
How much is this home worth?
The estimated value of the home located at 75 Western Avenue is $241,534.
What are some comparable homes to 75 Western Avenue?
There are currently no comparable homes to 75 Western Avenue.
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