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West Springfield Town 01089
15 Oleander Street
$175,000
● House - Off Market

15 Oleander Street

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,193 Ft²
$233,289
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Come check out this Cape Cod style home featuring 5 rooms, 3 bedrooms and 1 bathroom. Bright and sunny Livingroom, Specious kitchen with dining area. Wood flooring throughout. A great sunroom with sliding door leading to the deck. Plenty of storage or space to finish the basement for extra room. 1 car garage and a great yard for entertaining. Located close to area amenities.
Unit Size
1,193 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$184
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1950

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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 #73033826)

Price History

Date / Event Date Event Price
Dec 29, 2022 Sold
Premium
Sold
Oct 28, 2022 In contract -
In contract
Sep 6, 2022 Listed by Gallagher Real Estate $219,900
Listed by Gallagher Real Estate
Apr 3, 2019 Sold
Premium
Sold
Aug 24, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 5,924
  • Total Building Area: 1,061
  • Gross Building Area: 2,399
  • Building Area: 1,061
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,061
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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: 414-07200-48-001
  • District: 325
  • Parcel: WSPR M:00414 B:07200 L:00048
  • Block: 7200
  • Lot: 48
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1101
  • Longitude: -72.6257

    Address

  • Full Address: 15 Oleander St
  • Address - House Number: 15
  • Address - Street Name: Oleander
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 2615
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 176,572
  • High Value: 191,997
  • Low Value: 161,148

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $228,200
  • Assessed Land Value: $97,900
  • Assessed Improvements Value: $130,300

    Sales

  • Current Sale Contract Date: Nov 08, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75751
  • Previous Sale Recording Date: Dec 21, 2022
  • Previous Sale Contract Date: Dec 13, 2022
  • Previous Sale Amount: $199,500
  • Previous Sale Document Type: 34
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

2039 ft²

Average Home Age

71.7 years

Currently For Sale

33 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73033826

Frequently Asked Questions

When was property at 15 Oleander Street built and last sold?
The property at 15 Oleander Street was built in 1950 and last sold on Nov 8, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 15 Oleander Street is $223,873.
What are some comparable homes to 15 Oleander Street?
There are currently no comparable homes to 15 Oleander Street.
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