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West Springfield Town 01089
250 Morgan Rd
$305,000
● House - Off Market

250 Morgan Rd

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,522 Ft²
$319,535
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Welcome to this stunning, fully remodeled home! Set back from the road, you can enjoy the peaceful outdoors with just about an acre of land. Sit and relax on the front porch or rear deck, or take in plenty of natural light coming in through the new windows inside. As you step inside, you will immediately notice the quality and character of the home.  The kitchen boasts soft close cabinets, granite countertops, and new appliances. There are plenty of closets and storage space throughout the home, and the large bathroom is stunning. The open layout makes the home feel spacious, perfect for hosting and family gatherings. This house has so much to offer, come see for yourself and fall in love!
Unit Size
1,522 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$210
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1925

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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 #73119498)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
Jun 12, 2023 In contract -
In contract
Jun 2, 2023 Listed by Greenfield Group Real Estate $319,000
Listed by Greenfield Group Real Estate
Jun 1, 2023 No longer available -
No longer available
May 8, 2023 Price Decreased $329,000
↓ $6K (1.8%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • 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: 42,632
  • Total Building Area: 1,480
  • Gross Building Area: 3,003
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000979
  • 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: 378-23550-0H-001
  • District: 325
  • Parcel: WSPR M:00378 B:23550 L:0000H
  • Block: 23550
  • Lot: H
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1308
  • Longitude: -72.6356

    Address

  • Full Address: 250 Morgan Rd
  • Address - House Number: 250
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1363
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $474,100

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 347,411
  • High Value: 377,758
  • Low Value: 317,063

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $320,100
  • Assessed Land Value: $128,800
  • Assessed Improvements Value: $191,300

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30082
  • Previous Sale Recording Date: Aug 09, 2022
  • Previous Sale Contract Date: Jul 21, 2022
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: 71
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

1768 ft²

Average Home Age

65.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73119498

Frequently Asked Questions

When was property at 250 Morgan Road built and last sold?
The property at 250 Morgan Road was built in 1925 and last sold on Jun 30, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 250 Morgan Road is $314,929.
What are some comparable homes to 250 Morgan Road?
There are currently no comparable homes to 250 Morgan Road.
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