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West Springfield Town 01089
231 Laurel Rd
$255,000
● House - Off Market

231 Laurel Rd

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,027 Ft²
$368,662
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Be the first to view this extremely spacious & lovely 4 bedroom cape. Located on a desirable street with beautiful grounds that abutt the park. Home features a large living room with hardwood floors, fireplace with built in shelving, dining room with hardwoods and access to outdoor patio.  Upgraded kitchen, large first floor master bdrm, full bath and an additional bedroom complete the first floor. Second floor has two large bedrooms both with h/w flooring, half bath and a full attic which can be used for storage or finish off for an additional bedroom. Delightful fenced in back yard awaits you, with a stunning stone retaining wall, fire pit and serene woods to relax and enjoy peaceful evenings. Additionally this home has a new roof and a new gas furnace.
Unit Size
2,027 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$123
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1949

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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: 6 months ago (MLSPIN #72464541)

Price History

Date / Event Date Event Price
May 24, 2019 Sold
Premium
Sold
Mar 13, 2019 Listed by Keller Williams Realty $249,900
Listed by Keller Williams Realty
Apr 30, 2008 Sold
Premium
Sold
Feb 20, 2008 Listed by Keller Williams Realty $236,199
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 8,710
  • Total Building Area: 1,775
  • Gross Building Area: 4,087
  • Building Area: 1,775
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,775
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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: 812401

Geography

  • Account Number: 349-11400-94-001
  • District: 325
  • Parcel: WSPR M:00349 B:11400 L:00094
  • Block: 11400
  • Lot: 94
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.0982
  • Longitude: -72.6632

    Address

  • Full Address: 231 Laurel Rd
  • Address - House Number: 231
  • Address - Street Name: Laurel
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 3005
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $519,800

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 369,566
  • High Value: 444,108
  • Low Value: 295,024

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $351,000
  • Assessed Land Value: $123,800
  • Assessed Improvements Value: $227,200

    Sales

  • Current Sale Contract Date: May 15, 2019
  • Current Sale Recording Date: May 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27255
  • Previous Sale Recording Date: Apr 30, 2008
  • Previous Sale Amount: $223,000
  • 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:

$365,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1829 ft²

Average Home Age

75.2 years

Currently For Sale

42 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: 6 months ago
Data Source: MLS PIN, MLS# 72464541

Frequently Asked Questions

When was property at 231 Laurel Road built and last sold?
The property at 231 Laurel Road was built in 1949 and last sold on May 15, 2019 for $255,000.
How much is this home worth?
The estimated value of the home located at 231 Laurel Road is $259,574.
What are some comparable homes to 231 Laurel Road?
There are currently no comparable homes to 231 Laurel Road.
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