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West Springfield Town 01089
161 Chestnut Street
$200,000
● House - Off Market

161 Chestnut Street

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$310,017
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Bright and gleaming space is what you will find in this newly renovated three bedroom, spacious colonial. First impression is the great large front porch for relaxing and entertaining. Just add your personal touch.  New windows, new furnace, beautifully Beautiful new kitchen furnished with new stainless appliances and ceramic tile flooring.  Two brand new bathrooms!  Built in hutch with gorgeous original woodwork.  Two car garage!  Centrally located close to all amenities!  Attic space could be added bonus room or play room. Nice second floor area for office.  This is a beautiful home ready for it's new family.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$131
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1900

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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 #72402921)

Price History

Date / Event Date Event Price
Jan 11, 2019 Sold
Premium
Sold
Sep 27, 2018 Listed by Century 21 A-1 Nolan Realty $204,000
Listed by Century 21 A-1 Nolan Realty
May 7, 2018 Sold
Premium
Sold
Apr 16, 2018 Listed by Century 21 A-1 Nolan Realty $109,900
Listed by Century 21 A-1 Nolan Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 5,650
  • Total Building Area: 1,552
  • Gross Building Area: 3,042
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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: 187-09350-61-001
  • District: 325
  • Parcel: WSPR M:00187 B:09350 L:00061
  • Block: 9350
  • Lot: 61
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.108
  • Longitude: -72.6396

    Address

  • Full Address: 161 Chestnut St
  • Address - House Number: 161
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C028
  • 4-Digit Zip Code: 2805
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $384,200

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 297,595
  • High Value: 357,621
  • Low Value: 237,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $259,400
  • Assessed Land Value: $97,800
  • Assessed Improvements Value: $161,600

    Sales

  • Current Sale Contract Date: Jan 09, 2019
  • Current Sale Recording Date: Jan 11, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1833
  • Previous Sale Recording Date: May 07, 2018
  • Previous Sale Amount: $125,200
  • Previous Sale Document Type: 71
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

2000 ft²

Average Home Age

74.5 years

Currently For Sale

35 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# 72402921

Frequently Asked Questions

When was property at 161 Chestnut Street built and last sold?
The property at 161 Chestnut Street was built in 1900 and last sold on Jan 9, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 161 Chestnut Street is $211,108.
What are some comparable homes to 161 Chestnut Street?
There are currently no comparable homes to 161 Chestnut Street.
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