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West Springfield Town 01089
265 Lancaster
$127,500
● House - Off Market

265 Lancaster

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$501,308
RealtyHop Estimate
271.61%
Since Feb 1, 1997
National-US
Primary Model

About This Property

SPACIOUS BRICK RANCH IN DESIREABLE TATHAM AREA. BRAND NEW ROOF APO. KIT/CENTER ISLAND. DOUBLE OVEN. SUNROOM HAS BBE. LOWER LEVEL HAS KITCHEN,BATH & FIREPLACE. PERFECT IN-LAW SET UP. 200 AMP ELEC. INGROUND 500 GALLON OIL TANK.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$74
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #30139100)

Price History

Date / Event Date Event Price
Jan 31, 1997 Sold
Premium
Sold
Dec 9, 1996 Listed by Park Square Realty $134,900
Listed by Park Square Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 11
  • Exterior Walls Type: 2
  • 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: 23,584
  • Total Building Area: 1,714
  • Gross Building Area: 4,252
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND PARK
  • Land Acres: 0000000541
  • 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: 341-04450-L2-001
  • District: 325
  • Parcel: WSPR M:00341 B:04450 L:000L2
  • Block: 4450
  • Lot: L2
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1126
  • Longitude: -72.6535

    Address

  • Full Address: 265 Lancaster Ave
  • Address - House Number: 265
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2223
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $522,900

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 383,449
  • High Value: 455,601
  • Low Value: 311,296

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $353,100
  • Assessed Land Value: $116,500
  • Assessed Improvements Value: $236,600

    Sales

  • Current Sale Recording Date: Jan 31, 1997
  • Current Sale Price:
    Premium
  • Current 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

2000 ft²

Average Home Age

74.5 years

Currently For Sale

35 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30139100

Frequently Asked Questions

When was property at 265 Lancaster Avenue built and last sold?
The property at 265 Lancaster Avenue was built in 1954 and last sold on Jan 1, 1970 for $127,500.
How much is this home worth?
The estimated value of the home located at 265 Lancaster Avenue is $0.
What are some comparable homes to 265 Lancaster Avenue?
There are currently no comparable homes to 265 Lancaster Avenue.
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