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Westfield 01085
98 Park River Drive
Photo of 98 Park River Drive
Sold on Apr 26, 2007

1

Map

$265,500
● House - Off Market

98 Park River Drive

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,173 Ft²
$478,098
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

Private 3 Bedroom, 2 Bathroom ranch-Vaulted ceilings, finished basement with dry bar, rec. room and bedroom. First floor laundry, security system, sprinklers. Large private yard, walk to stanley park & Juniper park elementry school...Must See!!!
Unit Size
1,173 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$239
Property Type
House
Property Taxes
$285
HOA Dues
$25
Year Built
1995

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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: 5 months ago (MLSPIN #70503174)

Price History

Date / Event Date Event Price
Apr 26, 2007 Sold
Premium
Sold
Dec 29, 2006 Listed $279,900
Listed
Nov 14, 2003 Sold
Premium
Sold
Aug 23, 2003 Listed $249,900
Listed
Oct 2, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,173
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,943
  • Total Building Area: 1,173
  • Gross Building Area: 4,448
  • Building Area: 1,173
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,173
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000779
  • 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:27-R L:79
  • Lot: 79
  • Municipality: WESTFIELD
  • Latitude: 42.1187
  • Longitude: -72.782

    Address

  • Full Address: 98 Park River Dr
  • Address - House Number: 98
  • Address - Street Name: Park River
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Westfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 3900
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $564,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 398,886
  • High Value: 470,251
  • Low Value: 327,521

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,500
  • Assessed Land Value: $116,400
  • Assessed Improvements Value: $216,100

    Sales

  • Current Sale Recording Date: Apr 26, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 131522
  • Previous Sale Recording Date: Nov 14, 2003
  • Previous Sale Amount: $242,000
  • 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

64.8 years

Currently For Sale

70 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# 70503174

Frequently Asked Questions

When was property at 98 Park River Drive built and last sold?
The property at 98 Park River Drive was built in 1995 and last sold on Jan 1, 1970 for $265,500.
How much is this home worth?
The estimated value of the home located at 98 Park River Drive is $280,311.
What are some comparable homes to 98 Park River Drive?
There are currently no comparable homes to 98 Park River Drive.
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