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Westfield 01085
86 Pequot Point Road
$250,000
● House - Off Market

86 Pequot Point Road

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
925 Ft²
$292,505
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Don't miss your opportunity to own a WATER FRONT home on Otter Cove,(connects to Hampton Ponds).  Great for summer get away or year round living!  If you like to fish, boat or just enjoy the view, this is the perfect home.  2 bedroom 1 bath home has been beautifully renovated.  Home improvements in the last 4 years include vinyl siding, windows, central air (2021), forced air furnace, kitchen, granite, backsplash, stainless steel appliances, hot water heater, lighting, all flooring, bathroom remodel and roof.  Did I mention city water and city sewer.
Unit Size
925 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$281
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1930

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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 #72893393)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Sep 10, 2021 Listed by Coldwell Banker Realty - Chicopee $259,900
Listed by Coldwell Banker Realty - Chicopee
Mar 10, 2017 Sold
Premium
Sold
Jun 3, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,705
  • Total Building Area: 693
  • Gross Building Area: 1,332
  • Building Area: 693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 693
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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

  • Account Number: 280-4-1B
  • Parcel: WFLD M:280 L:4 U:1-B
  • Lot: 4
  • Municipality: WESTFIELD
  • Latitude: 42.184
  • Longitude: -72.6982

    Address

  • Full Address: 86 Pequot Point Rd
  • Address - House Number: 86
  • Address - Street Name: Pequot Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 5178
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,600

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 284,435
  • High Value: 343,087
  • Low Value: 225,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,300
  • Assessed Land Value: $116,700
  • Assessed Improvements Value: $98,600

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72435
  • Previous Sale Recording Date: Mar 10, 2017
  • Previous Sale Amount: $69,329
  • 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

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2120 ft²

Average Home Age

65 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# 72893393

Frequently Asked Questions

When was property at 86 Pequot Point Road built and last sold?
The property at 86 Pequot Point Road was built in 1930 and last sold on Oct 13, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 86 Pequot Point Road is $0.
What are some comparable homes to 86 Pequot Point Road?
There are currently no comparable homes to 86 Pequot Point Road.
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