Duplex with Separate
New
For Sale
$425,000
28 Jefferson St, Westfield, MA 01085
Each apartment has three bedrooms, with different bathroom counts and kitchen-storage features.
Property Size3,024 SF
Days on Market7
Property Features for 28 Jefferson St
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Investment
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Annual Taxes
$5,102
Building Details
Building Size
3,024 SF
Year Built
1900
Stories
2
Units
2
Listed By:
Arthur Javadian
(413) 896-8830
Source:
Elliman
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 28 at 9:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arthur Javadian
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this two-family property contains two apartments, each with a kitchen and dining area, a living room, and three bedrooms. The first-floor residence has two full bathrooms; the second-floor unit has one full bathroom and a walk-in pantry. The apartments have separate utilities.
The property includes a fenced backyard and off-street parking. It is near downtown and local amenities, on a street with sidewalks. Walk Score is 66 (Somewhat Walkable), and bikeScore is 48 (Somewhat Bikeable).
The property includes a fenced backyard and off-street parking. It is near downtown and local amenities, on a street with sidewalks. Walk Score is 66 (Somewhat Walkable), and bikeScore is 48 (Somewhat Bikeable).
Key Highlights
- Two apartments, each with three bedrooms
- Separate utilities for the residences
- First‑floor apartment has two full bathrooms; second‑floor unit has one and a walk‑in pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,706
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,120
$734.1K
Cap Rate 7%
$524,371
$524.4K
Cap Rate 9%
$407,844
$407.8K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$70.4K $23.28/SF
− Vacancy
−$3.7K −$1.21/SF
EGI
$66.7K $22.07/SF
− OpEx
−$30.0K −$9.93/SF
NOI
$36.7K $12.14/SF
Area
Hampden County, MA
Vacancy
5.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$734,120
Cap Rate 7%
$524,371
Cap Rate 9%
$407,844
Alternative Uses
Best Use
Multifamily LT 5
$565.8K
$495.1K – $660.1K
NOI $39,607 @ 7.0% cap · market cap 9.32%
Second Best
Apartment 5plus
$524.4K
$458.8K – $611.8K
NOI $36,706 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,463 @ 7.0% cap · market cap 30.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
Explore this area
Business Placement
Demographics for 01085, MA
41,529
Population
17,054
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
59.7 sq mi
ZIP Area
696
Density / Sq Mi
$83,821
Median Household Income
$44,737
Median Earnings
$1,064
Median Rent
$296,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has three bedrooms, with different bathroom counts and kitchen-storage features.
Where is this duplex located?
The property is located at 28 Jefferson St Westfield, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two apartments, each with three bedrooms; Separate utilities for the residences; First‑floor apartment has two full bathrooms; second‑floor unit has one and a walk‑in pantry
