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West Springfield Town 01089
179 Nelson St
$250,000
● House - Off Market

179 Nelson St

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$1,427
Est. Monthly

About This Property

Don't miss out on this great opportunity for this 3 bedroom colonial style home! Features include; exquisite landscaping of perennial and annual flowers, several fruit trees (peach, plum, apricot), established raspberries, strawberries , blackberries , blueberries along with a variety of herbs..... Explore the possibilities of this urban food forest and... updated bathroom, sunroom/dining area, hardwood flooring, spacious living room w/ fireplace, full basement, forced air gas heat, 1 car detached garage. Close to Mittineague Park! Explore the possibilities and make your dream home a reality on Nelson Street! Open House Sunday 1-2:30pm.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$201
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1940

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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 #73187621)

Price History

Date / Event Date Event Price
Jan 16, 2024 Sold
Premium
Sold
Dec 19, 2023 In contract -
In contract
Dec 14, 2023 Listed by NextHome Elite Realty $235,000
Listed by NextHome Elite Realty
Sep 29, 2017 Sold
Premium
Sold
Jun 28, 2017 Listed by NextHome Elite Realty $169,900
Listed by NextHome Elite Realty
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 4,787
  • Total Building Area: 1,170
  • Gross Building Area: 1,679
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: P J FLYNN
  • Land Acres: 0000000110
  • 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: 398-03250-67-001
  • District: 325
  • Parcel: WSPR M:00398 B:03250 L:00067
  • Block: 3250
  • Lot: 67
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1024
  • Longitude: -72.6461

    Address

  • Full Address: 179 Nelson St
  • Address - House Number: 179
  • Address - Street Name: Nelson
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 3056
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $332,600

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 239,809
  • High Value: 260,757
  • Low Value: 218,861

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $224,600
  • Assessed Land Value: $105,900
  • Assessed Improvements Value: $118,700

    Sales

  • Current Sale Contract Date: Jan 16, 2024
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2013
  • Previous Sale Recording Date: Sep 29, 2017
  • Previous Sale Amount: $161,000
  • 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

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1971 ft²

Average Home Age

76.2 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73187621

Frequently Asked Questions

When was property at 179 Nelson Street built and last sold?
The property at 179 Nelson Street was built in 1940 and last sold on Jan 16, 2024 for $250,000.
How much is this home worth?
The estimated value of the home located at 179 Nelson Street is $237,079.
What are some comparable homes to 179 Nelson Street?
There are currently no comparable homes to 179 Nelson Street.
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