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West Springfield Town 01089
176 Norman St
$82,000
● House - Off Market

176 Norman St

West Springfield, MA 01089
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,154 Ft²
$143,423
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

Opportunity knocking on this single family needing some TLC.  Property is zoned BB-1 and buyer should verify possible uses with the proper authorities.  Newer roof  2015. Home offers vinyl windows and siding. The home also has a handicap ramp in front. Turn your sweat equity into cash in your pocket. Broker is related to the Sellers.
Unit Size
1,154 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$82
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72428460)

Price History

Date / Event Date Event Price
Feb 15, 2019 Sold
Premium
Sold
Nov 30, 2018 Listed by Rettura Realty $95,000
Listed by Rettura Realty
May 31, 2001 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 5,204
  • Total Building Area: 1,041
  • Gross Building Area: 2,787
  • Building Area: 1,041
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,041
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: 812300

Geography

  • Account Number: 232-09000-07-001
  • District: 325
  • Parcel: WSPR M:00232 B:09000 L:00007
  • Block: 9000
  • Lot: 7
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.0959
  • Longitude: -72.624

    Address

  • Full Address: 176 Norman St
  • Address - House Number: 176
  • Address - Street Name: Norman
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 5004
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $201,600

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 189,788
  • High Value: 230,991
  • Low Value: 148,585

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $136,100
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $93,600

    Sales

  • Current Sale Contract Date: Jan 25, 2019
  • Current Sale Recording Date: Feb 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8313
  • Previous Sale Recording Date: May 31, 2001
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 27
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:

$362,475

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1966 ft²

Average Home Age

74.5 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72428460

Frequently Asked Questions

When was property at 176 Norman Street built and last sold?
The property at 176 Norman Street was built in 1930 and last sold on Jan 25, 2019 for $82,000.
How much is this home worth?
The estimated value of the home located at 176 Norman Street is $109,238.
What are some comparable homes to 176 Norman Street?
There are currently no comparable homes to 176 Norman Street.
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