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Westfield 01085
91 Farnham Ln
$240,000
● House - Off Market

91 Farnham Ln

Westfield, MA 01085
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$365,083
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Welcome home! This freshly remodeled 4 bedroom home in a quiet neighborhood is looking for it's new owner! Relax in the bright spacious living room with gleaming hardwoods. The beautiful hardwoods continue to the dining room where there is plenty of space to entertain. If you enjoy entertaining you'll love to entertain in the updated kitchen with granite counter tops and new appliances. Updated full first floor bath conveniently located next to first floor bedroom. Off bedroom is a bonus room that can be used as a play room, office, sunroof....the choice is yours! Upstairs there is 3 good size bedrooms and an updated full bath that has been remodeled with comfort in mind. This amazing home features an updated kitchen, updated baths, new septic, new windows, freshly painted walls, schedule your showing today!
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$135
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (MLSPIN #72555100)

Price History

Date / Event Date Event Price
Nov 27, 2019 Sold
Premium
Sold
Aug 26, 2019 Listed by Hampden Realty Center - Wilbraham $249,413
Listed by Hampden Realty Center - Wilbraham
Apr 23, 2019 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 864
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,848
  • Gross Building Area: 2,724
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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:78 L:4
  • Lot: 4
  • Municipality: WESTFIELD
  • Latitude: 42.1215
  • Longitude: -72.8156

    Address

  • Full Address: 91 Farnham Ln
  • Address - House Number: 91
  • Address - Street Name: Farnham
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 3902
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,000

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 336,751
  • High Value: 398,047
  • Low Value: 275,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,600
  • Assessed Land Value: $99,900
  • Assessed Improvements Value: $165,700

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Nov 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70524
  • Previous Sale Recording Date: Apr 23, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
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:

$385,000

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2133 ft²

Average Home Age

77.5 years

Currently For Sale

53 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: 6 months ago
Data Source: MLS PIN, MLS# 72555100

Frequently Asked Questions

When was property at 91 Farnham Lane built and last sold?
The property at 91 Farnham Lane was built in 1971 and last sold on Nov 25, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 91 Farnham Lane is $257,359.
What are some comparable homes to 91 Farnham Lane?
There are currently no comparable homes to 91 Farnham Lane.
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