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Westfield 01085
77 Old Farm Road
$220,000
● House - Off Market

77 Old Farm Road

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$316,156
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

GREAT LOCATION.. PRICED TO SELL..Nice clean 3 bedroom raised ranch, ready for you to move right in.  Large kitchen with slider leading to outside deck with private back yard. Beautiful hardwoods through out first floor.Large bedrooms with plenty of closet space.  Great family room in basement.1 car garage. New shingles on  roof (2019). Close to bike path, golf course. Munger Hill school district. Shed to remain. Easy commute to Ct, and Springfield.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$211
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1974

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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 #72605556)

Price History

Date / Event Date Event Price
Feb 21, 2020 Sold
Premium
Sold
Jan 8, 2020 Listed by Park Square Realty $219,000
Listed by Park Square Realty
Mar 15, 2017 Sold
Premium
Sold
Aug 8, 2016 Listed by Park Square Realty $209,000
Listed by Park Square Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 19
  • 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: 972
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,436
  • Total Building Area: 1,040
  • Gross Building Area: 2,132
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000515
  • 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:146 L:16
  • Lot: 16
  • Municipality: WESTFIELD
  • Latitude: 42.0916
  • Longitude: -72.7464

    Address

  • Full Address: 77 Old Farm Rd
  • Address - House Number: 77
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 5017
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 328,190
  • High Value: 389,169
  • Low Value: 267,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,100
  • Assessed Land Value: $111,700
  • Assessed Improvements Value: $150,400

    Sales

  • Current Sale Contract Date: Feb 21, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9591
  • Previous Sale Recording Date: Mar 15, 2017
  • Previous Sale Amount: $190,000
  • 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

$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# 72605556

Frequently Asked Questions

When was property at 77 Old Farm Road built and last sold?
The property at 77 Old Farm Road was built in 1974 and last sold on Feb 21, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 77 Old Farm Road is $221,887.
What are some comparable homes to 77 Old Farm Road?
There are currently no comparable homes to 77 Old Farm Road.
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