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West Springfield Town 01089
261 Circle Dr
$284,900
● House - Off Market

261 Circle Dr

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$292,458
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Ranch home ready for new owners! Desirable neighborhood close to schools.  Newly painted interior, Kitchen and bathroom have new vinyl floors, and Living room has new wall to wall carpet. Gleaming hard wood floors in bedrooms and dining room.  Cozy, partially finished, newly carpeted basement with its own heat.  New windows throughout the home except for the bay window in the Dining room.  Roof is under 10 years old.  Water heater is approximately 6 years old. Start the New Year in your new home!
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$238
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1957

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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 #73065637)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Dec 24, 2022 In contract -
In contract
Dec 17, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $279,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 9,000
  • Total Building Area: 1,152
  • Gross Building Area: 2,229
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 812404

Geography

  • Account Number: 191-15300-M5-001
  • District: 325
  • Parcel: WSPR M:00191 B:15300 L:000M5
  • Block: 15300
  • Lot: M5
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1281
  • Longitude: -72.6503

    Address

  • Full Address: 261 Circle Dr
  • Address - House Number: 261
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1728
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $383,000

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 301,551
  • High Value: 363,905
  • Low Value: 239,197

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $258,600
  • Assessed Land Value: $107,700
  • Assessed Improvements Value: $150,900

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5738
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

52

Average Home Size

1779 ft²

Average Home Age

64.6 years

Currently For Sale

29 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# 73065637

Frequently Asked Questions

When was property at 261 Circle Drive built and last sold?
The property at 261 Circle Drive was built in 1957 and last sold on Feb 3, 2023 for $284,900.
How much is this home worth?
The estimated value of the home located at 261 Circle Drive is $283,634.
What are some comparable homes to 261 Circle Drive?
There are currently no comparable homes to 261 Circle Drive.
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