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West Springfield Town 01089
216 Monastery Avenue
$124,000
● House - Off Market

216 Monastery Avenue

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,280 Ft²
$487,482
RealtyHop Estimate
281.14%
Since Dec 1, 1995
National-US
Primary Model

About This Property

REPL WINDOWS.  OWNER WILL HAVE FWA GAS HEAT W/"A COIL" FOR CENTRAL AIR PRIOR TO TRANSFER.  16X12 P.T. DECK & 3YR OLD CARPET LESS THAN ONE YEAR OLD.  ALL APO
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$100
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1973

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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 years ago (MLSPIN #30038671)

Price History

Date / Event Date Event Price
Nov 14, 1997 Sold
Premium
Sold
Oct 6, 1997 Listed $129,900
Listed
Nov 14, 1995 Sold
Premium
Sold
Apr 4, 1995 Listed $127,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 18,063
  • Total Building Area: 1,296
  • Gross Building Area: 2,959
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000415
  • 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: 376-20700-P3-001
  • District: 325
  • Parcel: WSPR M:00376 B:20700 L:000P3
  • Block: 20700
  • Lot: P3
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1171
  • Longitude: -72.6355

    Address

  • Full Address: 216 Monastery Ave
  • Address - House Number: 216
  • Address - Street Name: Monastery
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1519
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,200

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 349,614
  • High Value: 414,373
  • Low Value: 284,856

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $283,700
  • Assessed Land Value: $118,900
  • Assessed Improvements Value: $164,800

    Sales

  • Current Sale Recording Date: Nov 14, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 14, 1995
  • Previous Sale Amount: $124,000
  • 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

1836 ft²

Average Home Age

65.7 years

Currently For Sale

32 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: 4 years ago
Data Source: MLS PIN, MLS# 30038671

Frequently Asked Questions

When was property at 216 Monastery Avenue built and last sold?
The property at 216 Monastery Avenue was built in 1973 and last sold on Jan 1, 1970 for $128,900.
How much is this home worth?
The estimated value of the home located at 216 Monastery Avenue is $146,572.
What are some comparable homes to 216 Monastery Avenue?
There are currently no comparable homes to 216 Monastery Avenue.
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