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West Springfield Town 01089
414 Morgan Rd
$262,500
● House - Off Market

414 Morgan Rd

West Springfield, MA 01089
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,022 Ft²
$171,223
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Much potential in this farmhouse style bungalow with covered porch set on a 5+ acre lot. Restore this home to its former glory! Great location has close proximity to many area amenities including shopping, entertainment, and highway access. Current condition may make some forms of financing unfeasible. Seller will not make any repairs.
Unit Size
1,022 Ft²
Days on Market
-
Land Size
5.41 acres
Price per sqft
$166
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1890

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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 #72962376)

Price History

Date / Event Date Event Price
May 23, 2022 Sold
Premium
Sold
Apr 5, 2022 Listed by RE/MAX Connections $169,900
Listed by RE/MAX Connections
Mar 22, 2021 Sold
Premium
Sold
Jul 3, 2007 Sold
Premium
Sold
Oct 29, 2001 Sold
Premium
Sold
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 235,603
  • Total Building Area: 1,022
  • Gross Building Area: 2,426
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005409
  • 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: 812401

Geography

  • Account Number: 378-25600-0G-001
  • District: 325
  • Parcel: WSPR M:00378 B:25600 L:0000G
  • Block: 25600
  • Lot: G
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1308
  • Longitude: -72.6417

    Address

  • Full Address: 414 Morgan Rd
  • Address - House Number: 414
  • Address - Street Name: Morgan
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1779
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $363,700
  • Initial Tax Delinquent Year: 2018

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 277,938
  • High Value: 351,877
  • Low Value: 203,999

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $245,600
  • Assessed Land Value: $147,700
  • Assessed Improvements Value: $97,900

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31180
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 17, 2021
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: 34
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72962376

Frequently Asked Questions

When was property at 414 Morgan Road built and last sold?
The property at 414 Morgan Road was built in 1890 and last sold on May 20, 2022 for $262,500.
How much is this home worth?
The estimated value of the home located at 414 Morgan Road is $182,536.
What are some comparable homes to 414 Morgan Road?
There are currently no comparable homes to 414 Morgan Road.
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