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Westfield 01085
98 Berkshire Dr
$231,000
● House - Off Market

98 Berkshire Dr

Westfield, MA 01085
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$227,601
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

**SELLER IS REQUESTING HIGHEST & BEST OFFERS BY 8PM ON MONDAY 11/21** Welcome home to this charming ranch! Convienent one floor living, perfect for first time home buyers or buyers looking to downsize. Beautiful hardwood floors throughout, along with replacement windows, central air, newer oil tank and new stainless steel appliances!  Large corner lot with a new poured concrete patio, along with a brand new fence, makes the yard perfect for entertaining and also a great space for furry friends! Back yard also boasts a newer shed for extra storage and 1 car detached garage. Located on a dead end street close to Stanley Park in a well desired location! Don't miss your chance to own this affordable home! (Bathroom window to be repaired prior to closing).
Unit Size
720 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$299
Property Type
House
Property Taxes
$295
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 months ago (MLSPIN #73058809)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Nov 22, 2022 In contract -
In contract
Nov 16, 2022 Listed by Keller Williams, LLC- The Neilsen Team - Livian $215,000
Listed by Keller Williams, LLC- The Neilsen Team - Livian
May 1, 2020 Sold
Premium
Sold
Mar 5, 2020 Listed by Keller Williams, LLC- The Neilsen Team - Livian $169,900
Listed by Keller Williams, LLC- The Neilsen Team - Livian
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 15,704
  • Total Building Area: 720
  • Gross Building Area: 1,472
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000361
  • 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:72 L:27
  • Lot: 27
  • Municipality: WESTFIELD
  • Latitude: 42.125
  • Longitude: -72.7685

    Address

  • Full Address: 98 Berkshire Dr
  • Address - House Number: 98
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2731
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,900

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 268,398
  • High Value: 321,572
  • Low Value: 215,224

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,500
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $115,500

    Sales

  • Current Sale Contract Date: Jan 26, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4268
  • Previous Sale Recording Date: May 01, 2020
  • Previous Sale Contract Date: Apr 29, 2020
  • Previous Sale Amount: $178,000
  • 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

0.01%

Average Days on Market

53

Average Home Size

2164 ft²

Average Home Age

73.8 years

Currently For Sale

59 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 months ago
Data Source: MLS PIN, MLS# 73058809

Frequently Asked Questions

When was property at 98 Berkshire Drive built and last sold?
The property at 98 Berkshire Drive was built in 1950 and last sold on Jan 26, 2023 for $231,000.
How much is this home worth?
The estimated value of the home located at 98 Berkshire Drive is $214,853.
What are some comparable homes to 98 Berkshire Drive?
There are currently no comparable homes to 98 Berkshire Drive.
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