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West Springfield Town 01089
154 Pease Ave
$309,000
● House - Off Market

154 Pease Ave

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$260,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Offer Deadline Tuesday 10/3 at 5pm.  Spacious 3 bedroom Ranch on a 1/2 acre of land awaits your personal touch! Amazingly large kitchen with french doors leading out to the deck overlooking a wooded lot. Heated breezeway would make an great mudroom area. Hardwood floors in the living room and all 3 bedrooms will gleam once refinished. Fireplace for those cool nights and a picture window in the living room brighten up the space. Laundry conveniently located on the 1st floor in the hallway closet. Primary bedroom has a walk in closet which could be turned into a primary bath! Central Air is only 7 yrs old(apo), Buderus gas boiler is super efficient. Full bath in the basement and area for laundry if you'd like to move them back downstairs. Great house at a great price!!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$186
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1967

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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 #73163769)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Oct 6, 2023 In contract -
In contract
Sep 26, 2023 Listed by William Raveis R.E. & Home Services $260,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • 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: 126,703
  • Total Building Area: 1,398
  • Gross Building Area: 3,354
  • Building Area: 1,398
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,398
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002909
  • 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: 430-04900-M4-001
  • District: 325
  • Parcel: WSPR M:00430 B:04900 L:000M4
  • Block: 4900
  • Lot: M4
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1309
  • Longitude: -72.6562

    Address

  • Full Address: 154 Pease Ave
  • Address - House Number: 154
  • Address - Street Name: Pease
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: R005
  • 4-Digit Zip Code: 4348
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $445,000

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 344,130
  • High Value: 409,242
  • Low Value: 279,018

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $300,500
  • Assessed Land Value: $138,600
  • Assessed Improvements Value: $161,900

    Sales

  • Current Sale Contract Date: Oct 25, 2023
  • Current Sale Recording Date: Nov 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53635
  • Previous Sale Recording Date: Oct 31, 2023
  • Previous Sale Contract Date: Oct 31, 2023
  • Previous Sale Amount: $150,000
  • 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

50

Average Home Size

1849 ft²

Average Home Age

74.6 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73163769

Frequently Asked Questions

When was property at 154 Pease Avenue built and last sold?
The property at 154 Pease Avenue was built in 1967 and last sold on Oct 25, 2023 for $309,000.
How much is this home worth?
The estimated value of the home located at 154 Pease Avenue is $257,093.
What are some comparable homes to 154 Pease Avenue?
There are currently no comparable homes to 154 Pease Avenue.
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