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Westfield 01085
87 Northridge Rd
$412,000
● House - Off Market

87 Northridge Rd

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$412,752
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome home! In the entry, you'll find a beautiful cedar plank ceiling, which leads to granite countertops along with stainless steel appliances in the kitchen. You'll find beautiful hardwood floors throughout the house, and an updated bathroom upstairs. There is custom molding and woodworking in the dining room, including the corner hutch, and the fireplace in the living room. Relax by the gas fireplace on cold nights and enjoy sitting outside, on the composite deck, on warm nights. There is also an interior fire sprinkler system, along with the outdoor lawn sprinkler system. The large pantry closet, off the mudroom, is a plus. Store your lawnmower, snow blower, even motorcycle in the shed area behind the other garage door. Make your appointment today!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$217
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1969

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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 #73058647)

Price History

Date / Event Date Event Price
Jan 6, 2023 Sold
Premium
Sold
Nov 23, 2022 In contract -
In contract
Nov 16, 2022 Listed by eXp Realty $389,900
Listed by eXp Realty
May 15, 1989 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,280
  • Total Building Area: 1,800
  • Gross Building Area: 3,792
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000397
  • 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:138 L:15
  • Lot: 15
  • Municipality: WESTFIELD
  • Latitude: 42.0891
  • Longitude: -72.7041

    Address

  • Full Address: 87 Northridge Rd
  • Address - House Number: 87
  • Address - Street Name: Northridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4650
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 378,434
  • High Value: 446,532
  • Low Value: 310,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,000
  • Assessed Land Value: $100,700
  • Assessed Improvements Value: $196,300

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 920
  • Previous Sale Recording Date: May 15, 1989
  • Previous Sale Amount: $148,000
  • 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:

$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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73058647

Frequently Asked Questions

When was property at 87 Northridge Road built and last sold?
The property at 87 Northridge Road was built in 1969 and last sold on Jan 6, 2023 for $412,000.
How much is this home worth?
The estimated value of the home located at 87 Northridge Road is $397,092.
What are some comparable homes to 87 Northridge Road?
There are currently no comparable homes to 87 Northridge Road.
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