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West Springfield Town 01089
163 Labelle
$515,000
● House - Off Market

163 Labelle

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,120 Ft²
$2,455
Est. Monthly

About This Property

Come check out this brand new construction multi level raised ranch on a desirable corner lot. Possible in law in lower level with living area, bedroom and full bath plus a slider that opens to a patio. The first floor offers an open floor plan with a kitchen perfect to make those fancy meals plus granite countertops, stainless appliances and a center island, Dining area is large for those family gatherings along with the good sized living room. All the first floor has hardwood flooring plus tile in baths. Wainscotting in living room and dining room for the customization of the home which gives it style. Energy efficient gas furnace and central air are a plus. All bedrooms are a good size along with 3 full baths. Make an appointment to view.
Unit Size
2,120 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2023

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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 #73198435)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Feb 3, 2024 In contract -
In contract
Feb 1, 2024 Listed by Gallagher Real Estate $499,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • 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: 85,757
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,430
  • Gross Building Area: 3,462
  • Building Area: 1,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,430
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001969
  • 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: 812202

Geography

  • Account Number: 340-01551-R4-001
  • District: 325
  • Parcel: WSPR M:00340 B:01551 L:R4-001
  • Block: 1551
  • Lot: R4-1
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1505
  • Longitude: -72.6371

    Address

  • Full Address: 163 Labelle St
  • Address - House Number: 163
  • Address - Street Name: Labelle
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1152
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,700
  • Assessed Land Value: $117,800
  • Assessed Improvements Value: $325,900

    Sales

  • Current Sale Contract Date: Mar 15, 2024
  • Current Sale Recording Date: Mar 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11293
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

Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73198435

Frequently Asked Questions

When was property at 163 Labelle Street built and last sold?
The property at 163 Labelle Street was built in 2023 and last sold on Mar 15, 2024 for $515,000.
How much is this home worth?
The estimated value of the home located at 163 Labelle Street is $503,265.
What are some comparable homes to 163 Labelle Street?
There are currently no comparable homes to 163 Labelle Street.
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