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West Springfield Town 01089
121 Herrman St
$308,000
● House - Off Market

121 Herrman St

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,129 Ft²
$1,761
Est. Monthly

About This Property

LOCATION!!! Your NextHome Awaits! Great Location, Renovated and Move-In Ready! Welcome to this stunning ranch-style home in the heart of a highly sought-after neighborhood! Experience the ultimate living and location convenience. This three bedroom two bath features gleaming hardwood floors, brand new stainless steel appliances and granite counter tops. Lots of natural light and a nice breezeway off the kitchen that connects to the one car garage. Nice, clean and open basement. Don't wait, be in your new home by the holidays.
Unit Size
1,129 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$266
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1960

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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 #73176124)

Price History

Date / Event Date Event Price
Dec 19, 2023 Sold
Premium
Sold
Nov 8, 2023 In contract -
In contract
Nov 1, 2023 Listed by NextHome Elite Realty $300,000
Listed by NextHome Elite Realty
Aug 31, 2023 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,016
  • Total Building Area: 1,128
  • Gross Building Area: 2,760
  • Building Area: 1,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: West Springfield School District
  • School Tax School District: W SPRINGFLD SD
  • Census Tract: 812201

Geography

  • Account Number: 303-13100-52-001
  • District: 325
  • Parcel: WSPR M:00303 B:13100 L:00052
  • Block: 13100
  • Lot: 52
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1103
  • Longitude: -72.6303

    Address

  • Full Address: 121 Herrman St
  • Address - House Number: 121
  • Address - Street Name: Herrman
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 2524
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $382,800

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 305,251
  • High Value: 331,915
  • Low Value: 278,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $258,500
  • Assessed Land Value: $102,600
  • Assessed Improvements Value: $155,900

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 60272
  • Previous Sale Recording Date: Aug 31, 2023
  • Previous Sale Contract Date: Aug 31, 2023
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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 West Springfield Town

Stats & Trends

Median Asking:

$369,488

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2078 ft²

Average Home Age

71.9 years

Currently For Sale

28 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# 73176124

Frequently Asked Questions

When was property at 121 Herrman Street built and last sold?
The property at 121 Herrman Street was built in 1960 and last sold on Dec 19, 2023 for $308,000.
How much is this home worth?
The estimated value of the home located at 121 Herrman Street is $302,793.
What are some comparable homes to 121 Herrman Street?
There are currently no comparable homes to 121 Herrman Street.
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