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West Springfield Town 01089
131 Ely Ave
$325,000
● House - Off Market

131 Ely Ave

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,337 Ft²
$320,436
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Offer deadline May 2nd, 6:00pmThis is the one you've been searching for!  Lovely three-bedroom Ranch style home in highly sought after Tatham area of West Springfield!   Sprawling living room with gas fireplace, gleaming wood floors and picture window. Open kitchen /dining area perfect for entertaining and having everyone gather together.  Enjoy the fantastic three season room which opens to a composite deck overlooking the expansive back yard. Three great size bedrooms all with nice closet space, wood floors and ceiling fans.  Remolded full bath, tile floor and tub / shower.  The basement provides many opportunities for the handy person or crafter with a workshop space.  Move right in and add your personal touches to make this house your new home.
Unit Size
1,337 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$239
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1952

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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: 4 months ago (MLSPIN #73103958)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
May 5, 2023 In contract -
In contract
Apr 27, 2023 Listed by Coldwell Banker Realty - Western MA $319,900
Listed by Coldwell Banker Realty - Western MA
Aug 30, 2001 Sold
Premium
Sold
Sep 30, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 18,736
  • Total Building Area: 1,274
  • Gross Building Area: 3,225
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • 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: 812404

Geography

  • Account Number: 247-14900-L4-001
  • District: 325
  • Parcel: WSPR M:00247 B:14900 L:000L4
  • Block: 14900
  • Lot: L4
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1092
  • Longitude: -72.657

    Address

  • Full Address: 131 Ely Ave
  • Address - House Number: 131
  • Address - Street Name: Ely
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2260
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,300

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 330,478
  • High Value: 393,167
  • Low Value: 267,789

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,300
  • Assessed Land Value: $113,700
  • Assessed Improvements Value: $185,600

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 27689
  • Previous Sale Recording Date: Aug 30, 2001
  • Previous Sale Amount: $131,000
  • 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

1833 ft²

Average Home Age

68.2 years

Currently For Sale

29 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: 4 months ago
Data Source: MLS PIN, MLS# 73103958

Frequently Asked Questions

When was property at 131 Ely Avenue built and last sold?
The property at 131 Ely Avenue was built in 1952 and last sold on Jun 16, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 131 Ely Avenue is $324,068.
What are some comparable homes to 131 Ely Avenue?
There are currently no comparable homes to 131 Ely Avenue.
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