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Westfield 01085
856 East Mountain Rd
$320,000
● House - Off Market

856 East Mountain Rd

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,080 Ft²
$293,348
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Location is just one of the reasons to schedule a viewing of this property! 3beds, 2 baths, one with a spa tub, open floor plan that walks out to the sun filled deck overlooking a large, fenced in, private back yard. Enjoy entertaining in your walk out, finished basement which includes an extra room for storage or for an office. Within access of major highways, easy to get to, schedule now , this won't last !
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$273
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1955

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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 #73126327)

Price History

Date / Event Date Event Price
Aug 17, 2023 Sold
Premium
Sold
Jul 1, 2023 In contract -
In contract
Jun 29, 2023 Relisted $209,000
Relisted
Jun 27, 2023 In contract -
In contract
Jun 18, 2023 Listed by RE/MAX Compass $295,000
Listed by RE/MAX Compass
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 4
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,858
  • Total Building Area: 1,080
  • Gross Building Area: 2,688
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000525
  • 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: 812500

Geography

  • Parcel: WFLD M:259 L:33
  • Lot: 33
  • Municipality: WESTFIELD
  • Latitude: 42.1363
  • Longitude: -72.6995

    Address

  • Full Address: 856 E Mountain Rd
  • Address - House Number: 856
  • Street Direction: E
  • Address - Street Name: Mountain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1861
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,000

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 321,680
  • High Value: 381,449
  • Low Value: 261,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,900
  • Assessed Land Value: $102,900
  • Assessed Improvements Value: $148,000

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38472
  • Previous Sale Recording Date: May 05, 2010
  • Previous Sale Amount: $209,000
  • 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:

$382,450

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2165 ft²

Average Home Age

74.6 years

Currently For Sale

55 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73126327

Frequently Asked Questions

When was property at 856 East Mountain Road built and last sold?
The property at 856 East Mountain Road was built in 1955 and last sold on Aug 17, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 856 East Mountain Road is $288,407.
What are some comparable homes to 856 East Mountain Road?
There are currently no comparable homes to 856 East Mountain Road.
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