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West Springfield Town 01089
24 Bear Hole Road
$357,000
● House - Off Market

24 Bear Hole Road

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,528 Ft²
$396,504
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Built in 1965, this timeless gem has been in the same family ever since, and is now being offered on the open market for the first time ever! Located on Bear Hole Road, this house has space inside and out. Enjoy the nine rooms and 2500 square feet inside, or the nearly half-acre outside. Extra space abounds, with a living room, family room, entry  way, and sunroom. Add to that three large bedrooms upstairs, and 2.5 baths, and you will not want for space in this house. Hardwood floors throughout, with two updated baths. Newer boiler (2018) makes this a house that has several key features that will make it easy to move in and enjoy! Close to Bear Hole Reservoir, with hiking trails, a water fall, and conservation area.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$142
Property Type
House
Property Taxes
$403
HOA Dues
-
Year Built
1965

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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 years ago (MLSPIN #72912079)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Oct 23, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $359,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • 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: 21,557
  • Total Building Area: 2,506
  • Gross Building Area: 3,834
  • Building Area: 2,506
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,506
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000495
  • 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: 130-05500-X1-001
  • District: 325
  • Parcel: WSPR M:00130 B:05500 L:000X1
  • Block: 5500
  • Lot: X1
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1251
  • Longitude: -72.6682

    Address

  • Full Address: 24 Bear Hole Rd
  • Address - House Number: 24
  • Address - Street Name: Bear Hole
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1629
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $543,400

    Appraisal Valuation

  • Standard Deviation: 0.1853
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 414,174
  • High Value: 489,651
  • Low Value: 338,696

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $366,900
  • Assessed Land Value: $137,300
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91306
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:

$367,244

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2040 ft²

Average Home Age

72.3 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72912079

Frequently Asked Questions

When was property at 24 Bear Hole Road built and last sold?
The property at 24 Bear Hole Road was built in 1965 and last sold on Dec 21, 2021 for $357,000.
How much is this home worth?
The estimated value of the home located at 24 Bear Hole Road is $0.
What are some comparable homes to 24 Bear Hole Road?
There are currently no comparable homes to 24 Bear Hole Road.
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