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West Springfield Town 01089
124 Grandview Avenue
$115,500
● House - Off Market

124 Grandview Avenue

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,407 Ft²
$206,213
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

Location Location Location!  Backing up to the Springfield Country Club, this Colonial is a fantastic opportunity for the buyer with a rehab loan.  Improve the property while you live there and enjoy the area.  Large side yard offers a possibility for expansion or a garage.  Interior has good space and offers two full Baths.  Use your imagination  and make this Home shine again!
Unit Size
1,407 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$92
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1930

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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: 6 months ago (MLSPIN #72176623)

Price History

Date / Event Date Event Price
Nov 1, 2017 Sold
Premium
Sold
Jun 2, 2017 Listed by Bourque Real Estate $129,999
Listed by Bourque Real Estate
Sep 30, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 8,288
  • Total Building Area: 1,407
  • Gross Building Area: 2,095
  • Building Area: 1,407
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,407
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 279-10300-P3-001
  • District: 325
  • Parcel: WSPR M:00279 B:10300 L:000P3
  • Block: 10300
  • Lot: P3
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1208
  • Longitude: -72.632

    Address

  • Full Address: 124 Grandview Ave
  • Address - House Number: 124
  • Address - Street Name: Grandview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1811
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $303,200

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 281,329
  • High Value: 338,074
  • Low Value: 224,584

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $204,700
  • Assessed Land Value: $107,500
  • Assessed Improvements Value: $97,200

    Sales

  • Current Sale Recording Date: Nov 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 64881
  • Previous Sale Recording Date: Sep 30, 1994
  • Previous Sale Amount: $85,400
  • 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 West Springfield Town

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1820 ft²

Average Home Age

75.6 years

Currently For Sale

47 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72176623

Frequently Asked Questions

When was property at 124 Grandview Avenue built and last sold?
The property at 124 Grandview Avenue was built in 1930 and last sold on Jan 1, 1970 for $115,500.
How much is this home worth?
The estimated value of the home located at 124 Grandview Avenue is $140,060.
What are some comparable homes to 124 Grandview Avenue?
There are currently no comparable homes to 124 Grandview Avenue.
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