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Westfield 01085
8 Greylock Street
$164,000
● House - Off Market

8 Greylock Street

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,472 Ft²
$173,249
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Fantastic location for this 2 Bedroom, 1 Bath Home located right across from spray park/tennis/pickleball courts, playground, ball fields and just a few minutes from Downtown, Westfield University, Stanley Park, this home will shine again with some sweat equity!    Some of the features include a brick exterior, central air, natural gas heat, replacement windows and shed for storage.   Second floor offers potential for more living space, already has heat vents in partially finished rooms.  Showings start immediately.   Offer deadline Sunday at 5:00, highest and best, multiple offer situation, seller reserves right to accept an offer at any time.
Unit Size
1,472 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$102
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #72850538)

Price History

Date / Event Date Event Price
Nov 23, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Coldwell Banker Realty - Westfield $264,900
Listed by Coldwell Banker Realty - Westfield
Jul 16, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Coldwell Banker Realty - Westfield $149,900
Listed by Coldwell Banker Realty - Westfield

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 968
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,472
  • Gross Building Area: 2,984
  • Building Area: 1,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,472
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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:68 L:8
  • Lot: 8
  • Municipality: WESTFIELD
  • Latitude: 42.1265
  • Longitude: -72.7613

    Address

  • Full Address: 8 Greylock St
  • Address - House Number: 8
  • Address - Street Name: Greylock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2756
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $414,500

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 298,287
  • High Value: 357,678
  • Low Value: 238,895

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,100
  • Assessed Land Value: $83,400
  • Assessed Improvements Value: $160,700

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83630
  • Previous Sale Recording Date: Jul 16, 2021
  • Previous Sale Contract Date: Jul 09, 2021
  • Previous Sale Amount: $164,000
  • Previous Sale Document Type: 35
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

2098 ft²

Average Home Age

65.6 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72850538

Frequently Asked Questions

When was property at 8 Greylock Street built and last sold?
The property at 8 Greylock Street was built in 1950 and last sold on Nov 23, 2021 for $262,700.
How much is this home worth?
The estimated value of the home located at 8 Greylock Street is $269,422.
What are some comparable homes to 8 Greylock Street?
There are currently no comparable homes to 8 Greylock Street.
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