Deleaded Two-Family
33 Noble St Westfield, MA 01085
33 Noble St, Westfield, MA, 01085
$399,000
For Sale
$399,000
Deleaded two-family with vacant first floor, two bedrooms per unit, and finished attic space for the second unit.
Property Size2,841 SF
Price / SF$140.44
Days on Market17
Property Features for 33 Noble St
General Information
- Standard status
- Active
- Size
- 2,841 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Executive Real Estate, Inc.
(413) 364-2160
Listed by
Nunley Group
(413) 364-2160
Source
Lockandkeyre
Added: Jul 6 Updated: Jul 21 at 4:29PM Checked: Jul 21 at 4:29PM
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 Executive Real Estate, Inc.
Investment Insights
Based on property information with market context.
This fully deleaded two-family property offers a functional layout for rental operations. The first floor is vacant, and both units include a kitchen, dining room, living room, and two bedrooms. The second-floor unit also benefits from a finished attic area with an additional half bath, providing extra interior space. Outside, the property includes a nice backyard and plenty of parking.
The location is described as close to Stanley Park, Westfield University, and Noble Hospital, supporting convenient access to area employers, education, and recreation.
With separate living areas within a straightforward two-unit configuration, the home is well suited for an owner seeking a rental property portfolio addition.
The location is described as close to Stanley Park, Westfield University, and Noble Hospital, supporting convenient access to area employers, education, and recreation.
With separate living areas within a straightforward two-unit configuration, the home is well suited for an owner seeking a rental property portfolio addition.
Key Highlights
- Deleaded two‑family built in 1910 with a vacant first floor unit
- Each unit includes a kitchen, dining room, living room, and 2 bedrooms
- Second‑floor unit includes finished attic space with a half bath
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.1k | $23.28 |
| − Vacancy | −$3.4k | −$1.21 |
| EGI | $62.7k | $22.07 |
| − OpEx | −$28.2k | −$9.93 |
| NOI | $34.5k | $12.14 |
2,841 SF · lease $23.28/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$531.6K
$465.1K – $620.2K
NOI $37,211 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$492.6K
$431.1K – $574.8K
NOI $34,485 @ 7.0% cap · market cap 8.64%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,568 @ 7.0% cap · market cap 30.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Deleaded two-family with vacant first floor, two bedrooms per unit, and finished attic space for the second unit.
Where is this duplex located?
The property is located at 33 Noble St Westfield, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Deleaded two‑family built in 1910 with a vacant first floor unit; Each unit includes a kitchen, dining room, living room, and 2 bedrooms; Second‑floor unit includes finished attic space with a half bath
