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West Springfield Town 01089
38 Humphrey Lane
$396,000
● House - Off Market

38 Humphrey Lane

West Springfield, MA 01089
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,508 Ft²
$2,479
Est. Monthly

About This Property

This beautiful, raised ranch has 4 bedrooms, 2 baths.  On the main level you will find 3 bedrooms and a full bath, a lovely open living room with fireplace and dining area which leads out to the large sunny Family room where you overlook backyard. On the lower level is a family room with a fireplace and office room, and the 4 th Bedroom, full bath & laundry area. As you walk outside you will find an above ground pool, nicely landscaped yard, wooded private backyard, a huge shed to store all the pool supplies and yard supplies, and a Sauna. Features you will find in the house, new floors, newer windows, two newer mini splits, recently paved driveway and much more. Dead end street.
Unit Size
2,508 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$167
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1984

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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 months ago (MLSPIN #73182900)

Price History

Date / Event Date Event Price
Jan 30, 2024 Sold
Premium
Sold
Dec 28, 2023 In contract -
In contract
Nov 27, 2023 Listed by Coldwell Banker Realty - Western MA $419,000
Listed by Coldwell Banker Realty - Western MA
Feb 28, 2007 Sold
Premium
Sold
Jan 11, 2007 Listed by Coldwell Banker Realty - Western MA $256,000
Listed by Coldwell Banker Realty - Western MA
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 19
  • 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: 26,017
  • Total Building Area: 1,463
  • Gross Building Area: 3,134
  • Building Area: 1,463
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 1
  • Heated Square Feet: 1,463
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000597
  • 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: 322-27813-L2-001
  • District: 325
  • Parcel: WSPR M:00322 B:27813 L:000L2
  • Block: 27813
  • Lot: L2
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1139
  • Longitude: -72.6545

    Address

  • Full Address: 38 Humphrey Ln
  • Address - House Number: 38
  • Address - Street Name: Humphrey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2222
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $569,100

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 425,537
  • High Value: 462,709
  • Low Value: 388,365

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $384,300
  • Assessed Land Value: $136,100
  • Assessed Improvements Value: $248,200

    Sales

  • Current Sale Contract Date: Jan 30, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4166
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Amount: $248,000
  • Previous 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

1962 ft²

Average Home Age

75.5 years

Currently For Sale

39 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73182900

Frequently Asked Questions

When was property at 38 Humphrey Lane built and last sold?
The property at 38 Humphrey Lane was built in 1984 and last sold on Jan 30, 2024 for $396,000.
How much is this home worth?
The estimated value of the home located at 38 Humphrey Lane is $423,616.
What are some comparable homes to 38 Humphrey Lane?
There are currently no comparable homes to 38 Humphrey Lane.
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