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West Springfield Town 01089
197 Monastery Ave
$224,000
● House - Off Market

197 Monastery Ave

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,558 Ft²
$420,474
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

set on a wonderful lot with garden area to the rear, patio off the kitchen, large storage shed and an additional storage of the rear of the garage, hardwood floors and a fireplace in the living room, pleasant kitchen with island open to an informal dining area, knotty pine breezeway, updated heat and hot water, additional shower in the basement just needs a little tlc, heated basement on a separate zone.  Portable air conditioner included.
Unit Size
1,558 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$146
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1947

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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: 4 months ago (MLSPIN #71750238)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Sep 30, 2014 Listed by Bourque Real Estate $227,500
Listed by Bourque Real Estate
Dec 10, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 17,268
  • Total Building Area: 1,439
  • Gross Building Area: 3,904
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000396
  • 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: 812201

Geography

  • Account Number: 376-21750-0C-001
  • District: 325
  • Parcel: WSPR M:00376 B:21750 L:0000C
  • Block: 21750
  • Lot: C
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1166
  • Longitude: -72.6348

    Address

  • Full Address: 197 Monastery Ave
  • Address - House Number: 197
  • Address - Street Name: Monastery
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1516
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $443,900

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 347,754
  • High Value: 416,900
  • Low Value: 278,609

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $299,700
  • Assessed Land Value: $118,500
  • Assessed Improvements Value: $181,200

    Sales

  • Current Sale Recording Date: Feb 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9083
  • Previous Sale Recording Date: Dec 10, 2004
  • Previous Sale Amount: $218,000
  • 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:

$359,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1779 ft²

Average Home Age

64.6 years

Currently For Sale

29 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71750238

Frequently Asked Questions

When was property at 197 Monastery Avenue built and last sold?
The property at 197 Monastery Avenue was built in 1947 and last sold on Jan 1, 1970 for $224,000.
How much is this home worth?
The estimated value of the home located at 197 Monastery Avenue is $235,809.
What are some comparable homes to 197 Monastery Avenue?
There are currently no comparable homes to 197 Monastery Avenue.
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