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West Springfield Town 01089
131 Pease Ave
$230,000
● House - Off Market

131 Pease Ave

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$347,550
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Come home to this spacious West Springfield Ranch. Updated eat in kitchen with newer appliances. Newer gas furnace, hardwood floors, newly carpeted family room with fireplace, back patio area, central air, so much potential!  Master bedroom with half bath. You will enjoy hanging out in your large and cleared backyard the perfect space for so many activities. Close to amenities including the Riverdale shops with easy access to highways. This is your opportunity to own this charming home with desired one floor living. Make it yours this Fall!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$153
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1971

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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 #72403081)

Price History

Date / Event Date Event Price
Nov 15, 2018 Sold
Premium
Sold
Sep 28, 2018 Listed by eXp Realty $229,000
Listed by eXp Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 30,980
  • Total Building Area: 1,526
  • Gross Building Area: 3,500
  • Building Area: 1,526
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,526
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000711
  • 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: 812401

Geography

  • Account Number: 430-05600-0X-001
  • District: 325
  • Parcel: WSPR M:00430 B:05600 L:0000X
  • Block: 5600
  • Lot: X
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1308
  • Longitude: -72.6572

    Address

  • Full Address: 131 Pease Ave
  • Address - House Number: 131
  • Address - Street Name: Pease
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: R005
  • 4-Digit Zip Code: 4347
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $487,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 359,613
  • High Value: 431,116
  • Low Value: 288,110

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $329,200
  • Assessed Land Value: $127,600
  • Assessed Improvements Value: $201,600

    Sales

  • Current Sale Recording Date: Nov 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68575
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

50

Average Home Size

1976 ft²

Average Home Age

75.3 years

Currently For Sale

37 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# 72403081

Frequently Asked Questions

When was property at 131 Pease Avenue built and last sold?
The property at 131 Pease Avenue was built in 1971 and last sold on Jan 1, 1970 for $230,000.
How much is this home worth?
The estimated value of the home located at 131 Pease Avenue is $237,997.
What are some comparable homes to 131 Pease Avenue?
There are currently no comparable homes to 131 Pease Avenue.
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