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West Springfield Town 01089
38 Ridgeview Rd
$155,400
● House - Off Market

38 Ridgeview Rd

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
888 Ft²
$264,542
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Affordable & Adorable in West Springfield! This stylish ranch features loads of polished hardwood floors; modern bathroom; fully applianced kitchen; spacious living room with picture window; NEW windows (fully transferable to buyer); fenced deep backyard; double wide driveway; partially finished basement with wood flooring allows for additional living space.  Located on a gorgeous street yet close to area amenities, major routes and points of interest. UNFORGETTABLE!!
Unit Size
888 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$174
Property Type
House
Property Taxes
$221
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: 6 months ago (MLSPIN #71976158)

Price History

Date / Event Date Event Price
May 5, 2016 Sold
Premium
Sold
Mar 22, 2016 Listed by Real Living Realty Professionals, LLC $154,900
Listed by Real Living Realty Professionals, LLC
Sep 4, 2015 Sold
Premium
Sold
Jun 23, 2015 Listed by Real Living Realty Professionals, LLC $149,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 8,625
  • Total Building Area: 888
  • Gross Building Area: 1,785
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 888
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 454-01200-B2-001
  • District: 325
  • Parcel: WSPR M:00454 B:01200 L:000B2
  • Block: 1200
  • Lot: B2
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1192
  • Longitude: -72.6481

    Address

  • Full Address: 38 Ridgeview Rd
  • Address - House Number: 38
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2420
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $334,300

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 273,301
  • High Value: 332,636
  • Low Value: 213,967

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $225,700
  • Assessed Land Value: $107,600
  • Assessed Improvements Value: $118,100

    Sales

  • Current Sale Recording Date: May 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25108
  • Previous Sale Recording Date: Sep 04, 2015
  • Previous Sale Amount: $135,000
  • 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:

$365,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1820 ft²

Average Home Age

75.6 years

Currently For Sale

47 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: 6 months ago
Data Source: MLS PIN, MLS# 71976158

Frequently Asked Questions

When was property at 38 Ridgeview Road built and last sold?
The property at 38 Ridgeview Road was built in 1954 and last sold on Jan 1, 1970 for $155,400.
How much is this home worth?
The estimated value of the home located at 38 Ridgeview Road is $158,377.
What are some comparable homes to 38 Ridgeview Road?
There are currently no comparable homes to 38 Ridgeview Road.
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