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West Springfield Town 01089
389 Cold Spring
$245,000
● House - Off Market

389 Cold Spring

West Springfield, MA 01089
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,413 Ft²
$236,846
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Come view this Adorable House in West Springfield. First floor has an open floor plan with a full bathroom. Partially finished basement and ample parking, Email us to schedule your showing!
Unit Size
1,413 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$163
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1932

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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 #72938245)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Jan 31, 2022 Listed by RE/MAX IGNITE $230,000
Listed by RE/MAX IGNITE
Dec 18, 2009 Sold
Premium
Sold
Sep 1, 2009 Listed by RE/MAX IGNITE $155,000
Listed by RE/MAX IGNITE
Dec 1, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 6,000
  • Total Building Area: 1,473
  • Gross Building Area: 2,542
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 812300

Geography

  • Account Number: 197-23000-04-001
  • District: 325
  • Parcel: WSPR M:00197 B:23000 L:00004
  • Block: 23000
  • Lot: 4
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.0943
  • Longitude: -72.6253

    Address

  • Full Address: 389 Cold Spring Ave
  • Address - House Number: 389
  • Address - Street Name: Cold Spring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 3724
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $338,600

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 282,388
  • High Value: 343,695
  • Low Value: 221,081

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $228,600
  • Assessed Land Value: $85,200
  • Assessed Improvements Value: $143,400

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 18320
  • Previous Sale Recording Date: Dec 18, 2009
  • Previous Sale Amount: $151,000
  • 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:

$359,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1836 ft²

Average Home Age

65.7 years

Currently For Sale

32 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# 72938245

Frequently Asked Questions

When was property at 389 Cold Spring Avenue built and last sold?
The property at 389 Cold Spring Avenue was built in 1932 and last sold on Mar 25, 2022 for $245,000.
How much is this home worth?
The estimated value of the home located at 389 Cold Spring Avenue is $232,679.
What are some comparable homes to 389 Cold Spring Avenue?
There are currently no comparable homes to 389 Cold Spring Avenue.
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