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West Springfield Town 01089
291 Morgan Rd
$199,900
● House - Off Market

291 Morgan Rd

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$284,237
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Well maintained 3 bedroom ranch in a desirable Fausey area of West Springfield. just minutes away from area amenities and highway access. Property features newer roof, newer gas heating system, updated kitchen, remodeled bathroom, replacement windows, central air, and partially finished basement. Move-in ready
Unit Size
888 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$225
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72575265)

Price History

Date / Event Date Event Price
Apr 24, 2020 Sold
Premium
Sold
Oct 4, 2019 Listed by Interstate Realty Group, LLC $199,900
Listed by Interstate Realty Group, LLC
Sep 14, 2018 Sold
Premium
Sold
Aug 2, 2018 Listed by Interstate Realty Group, LLC $194,500
Listed by Interstate Realty Group, LLC
Jun 6, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 7,200
  • Total Building Area: 888
  • Gross Building Area: 2,136
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • 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: 378-24100-M6-001
  • District: 325
  • Parcel: WSPR M:00378 B:24100 L:000M6
  • Block: 24100
  • Lot: M6
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1302
  • Longitude: -72.6371

    Address

  • Full Address: 291 Morgan Rd
  • Address - House Number: 291
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1418
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $350,400

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 289,358
  • High Value: 346,969
  • Low Value: 231,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $236,600
  • Assessed Land Value: $112,300
  • Assessed Improvements Value: $124,300

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20800
  • Previous Sale Recording Date: Sep 14, 2018
  • Previous Sale Amount: $190,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72575265

Frequently Asked Questions

When was property at 291 Morgan Road built and last sold?
The property at 291 Morgan Road was built in 1962 and last sold on Apr 24, 2020 for $199,900.
How much is this home worth?
The estimated value of the home located at 291 Morgan Road is $202,324.
What are some comparable homes to 291 Morgan Road?
There are currently no comparable homes to 291 Morgan Road.
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