56 Court St Westfield — Photo 1 of 37
$595,000
Investment Analysis — 56 Court St
Westfield, MA 01085
Based on rent reported on the MLS listing, a 4-unit multi-family in 01085 carries $5,425/mo in gross rent — about a 7.38% cap rate and $43,893/yr in estimated NOI at the $595,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5.5
SqFt
4,893
Style
3 Family
Built
1865
Welcome to the Historic William Allen Johnson home. This outstanding 3 family with 1st floor mixed use is ideal for the investor or a private owner. Wonderful detailed woodwork, hardwood floors, stained windows, crown molding. 1st floor has several rooms that can be leased for professional offices or one large business. Lovely original wood doors, fireplaces, soaring ceilings abundant detail work. 2 apartments on the second level-one with deck access and the other with a screened porch .3rd floor has been converted attic to a New York style apartment with downtown views of City Hall and YMCA. This unit is open and airy with a spacious kitchen and living area 2 car garage with beautiful landscaped yard.- walk to shopping and restaurant's or a short drive to Northampton, Eashampton, Springfield or Bradley international airport One of kind home that must be seen.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Microwave
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Listing Agent: Kathy Wallismccann
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73569246
