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West Springfield Town 01089
228 Piper Rd
$349,900
● House - Off Market

228 Piper Rd

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,649 Ft²
$2,076
Est. Monthly

About This Property

An adorable, well-maintained bungalow in the heart of West Springfield recently painted inside and out. Fenced in back yard with private patio. New upgrades include central air conditioning, stone fireplace, new front door, new stairs and banister on the front porch with updated landscaping. Step inside to gleaming hardwood floors, a new runner on stairs to second floor, and new light fixtures throughout the home. Newer furnace (2019)  High ceilings and crown molding add to all the charm this home has to offer.
Unit Size
1,649 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$212
Property Type
House
Property Taxes
$357
HOA Dues
-
Year Built
1910

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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 #73281494)

Price History

Date / Event Date Event Price
Oct 22, 2024 Sold
Premium
Sold
Sep 20, 2024 In contract -
In contract
Aug 24, 2024 Listed by Landmark, REALTORS® $349,900
Listed by Landmark, REALTORS®
Dec 11, 2020 Sold
Premium
Sold
Oct 14, 2020 Listed by Landmark, REALTORS® $250,000
Listed by Landmark, REALTORS®
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 1
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,672
  • Total Building Area: 1,649
  • Gross Building Area: 3,465
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: 234-10900-0C-001
  • District: 325
  • Parcel: WSPR M:00234 B:10900 L:0000C
  • Block: 10900
  • Lot: C
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1162
  • Longitude: -72.6359

    Address

  • Full Address: 228 Piper Rd
  • Address - House Number: 228
  • Address - Street Name: Piper
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1756
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $428,900

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 337,580
  • High Value: 405,670
  • Low Value: 269,489

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $289,600
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $175,500

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74335
  • Previous Sale Recording Date: Jul 07, 1999
  • Previous Sale Amount: $108,500
  • 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

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1799 ft²

Average Home Age

65.3 years

Currently For Sale

31 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 months ago
Data Source: MLS PIN, MLS# 73281494

Frequently Asked Questions

When was property at 228 Piper Road built and last sold?
The property at 228 Piper Road was built in 1910 and last sold on Nov 30, 2020 for $265,560.
How much is this home worth?
The estimated value of the home located at 228 Piper Road is $343,004.
What are some comparable homes to 228 Piper Road?
There are currently no comparable homes to 228 Piper Road.
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