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Westfield 01085
78 Laura Drive
$205,000
● House - Off Market

78 Laura Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,308 Ft²
$409,988
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Loaded with additional amenities is this 6rm, 3bdrm, 2 bath ranch set on nearly a full acre of land just 1/4 mile from the college and Stanley Park. Amenities include, liv rm with fplace and hardwood floor, din. rm., 3 season rm. with hot tub, rec rm., solar hot water system, patio to the rear of the home overlooking the spacious, open back yard and forested area beyond, plus much more. There is a second, oversized , detached garage with separate driveway access which would be a perfect workshop and or storage area for a contractor. A GREAT VALUE !!!!!
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$168
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1959

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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 #71717324)

Price History

Date / Event Date Event Price
Jan 30, 2015 Sold
Premium
Sold
Jul 22, 2014 Listed by William Raveis R.E. & Home Services $219,900
Listed by William Raveis R.E. & Home Services
Aug 28, 1998 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,048
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,260
  • Total Building Area: 1,308
  • Gross Building Area: 3,882
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000924
  • 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: 812902

Geography

  • Parcel: WFLD M:85 L:10
  • Lot: 10
  • Municipality: WESTFIELD
  • Latitude: 42.1285
  • Longitude: -72.8064

    Address

  • Full Address: 78 Laura Dr
  • Address - House Number: 78
  • Address - Street Name: Laura
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 3409
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,300

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 357,323
  • High Value: 423,714
  • Low Value: 290,931

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $287,600
  • Assessed Land Value: $109,100
  • Assessed Improvements Value: $178,500

    Sales

  • Current Sale Recording Date: Jan 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4613
  • Previous Sale Recording Date: Aug 28, 1998
  • Previous Sale Amount: $137,500
  • 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

$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: 4 months ago
Data Source: MLS PIN, MLS# 71717324

Frequently Asked Questions

When was property at 78 Laura Drive built and last sold?
The property at 78 Laura Drive was built in 1959 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 78 Laura Drive is $225,714.
What are some comparable homes to 78 Laura Drive?
There are currently no comparable homes to 78 Laura Drive.
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