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West Springfield Town 01089
237 Ashley Ave
$225,000
● House - Off Market

237 Ashley Ave

West Springfield, MA 01089
bedrooms
2 Beds
bathrooms
1 Bath
square feet
760 Ft²
$224,386
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome home to this adorable Ranch! One owner home has been meticulously maintained over the years. Soon after the house was built an attached breezeway and garage were added. The breezeway is the perfect spot to sit and relax. Bathroom was remodeled, the hardwood floors shine and the basement is partially finished. The second bedroom is currently being used as a dining room. Offer deadline 8pm Sun 6/4
Unit Size
760 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$296
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1950

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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 #73116570)

Price History

Date / Event Date Event Price
Jul 7, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
May 26, 2023 Listed by Park Square Realty $225,000
Listed by Park Square Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 9,905
  • Total Building Area: 760
  • Gross Building Area: 2,012
  • Building Area: 760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 812202

Geography

  • Account Number: 120-23600-80-001
  • District: 325
  • Parcel: WSPR M:00120 B:23600 L:0080A
  • Block: 23600
  • Lot: 80A
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1427
  • Longitude: -72.6216

    Address

  • Full Address: 237 Ashley Ave
  • Address - House Number: 237
  • Address - Street Name: Ashley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C013
  • 4-Digit Zip Code: 1305
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $296,900

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 242,762
  • High Value: 292,353
  • Low Value: 193,171

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $200,500
  • Assessed Land Value: $86,600
  • Assessed Improvements Value: $113,900

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 31027
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

2078 ft²

Average Home Age

71.9 years

Currently For Sale

28 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: 5 months ago
Data Source: MLS PIN, MLS# 73116570

Frequently Asked Questions

When was property at 237 Ashley Avenue built and last sold?
The property at 237 Ashley Avenue was built in 1950 and last sold on Jul 7, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 237 Ashley Avenue is $224,759.
What are some comparable homes to 237 Ashley Avenue?
There are currently no comparable homes to 237 Ashley Avenue.
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