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West Springfield Town 01089
15 Silver St
$245,000
● House - Off Market

15 Silver St

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,419 Ft²
$280,604
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Come check out this colonial style home featuring rooms, 3 bedrooms and 2 full bathroom. First floor offer Bright and sunny living room open to the dining room, good size kitchen and full bathroom with extra space in the enclosed front porch you can have another extra room. Second floor offers 3 good size bedrooms and full bathroom. Hardwood flooring throughout. basement bright and clean with gas heating, hot water, and updated circuit breakers. Two huge car garage with new and wide drive way.  This home is located close by area schools and has easy access to highways.
Unit Size
1,419 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$187
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1925

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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 #73032358)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Oct 21, 2022 In contract -
In contract
Sep 6, 2022 Listed by Landmark, REALTORS® $265,900
Listed by Landmark, REALTORS®
Oct 3, 2017 Sold
Premium
Sold
Sep 28, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 10
  • 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: 5,310
  • Total Building Area: 1,419
  • Gross Building Area: 2,955
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 812403

Geography

  • Account Number: 477-08150-58-001
  • District: 325
  • Parcel: WSPR M:00477 B:08150 L:00058
  • Block: 8150
  • Lot: 58
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1044
  • Longitude: -72.6414

    Address

  • Full Address: 15 Silver St
  • Address - House Number: 15
  • Address - Street Name: Silver
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 3158
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $371,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 291,207
  • High Value: 343,609
  • Low Value: 238,806

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $250,900
  • Assessed Land Value: $97,700
  • Assessed Improvements Value: $153,200

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Nov 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68309
  • Previous Sale Recording Date: Oct 03, 2017
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73032358

Frequently Asked Questions

When was property at 15 Silver Street built and last sold?
The property at 15 Silver Street was built in 1925 and last sold on Nov 18, 2022 for $245,000.
How much is this home worth?
The estimated value of the home located at 15 Silver Street is $270,837.
What are some comparable homes to 15 Silver Street?
There are currently no comparable homes to 15 Silver Street.
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