$105,000
●
Condo -
Off Market
430 Cold Spring Ave #430
West Springfield, MA 01089
2 Beds
1 Bath
759 Ft²
$114,404
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Attention investors in need of great passive rental income for a
low cost. Here is your opportunity! Affordable two bedroom
townhouse condo at Wentworth Estates. Tenant is month-to-month and
currently pays $1,100/month. Condo fees include heat, hot water,
sewer, trash removal, snow removal, landscaping and exterior
maintenance. The complex is located close to highway access points,
schools, shopping, the Big E and the CT state line. What a great
opportunity.*Investors: Seller currently has six other units in
complex for investment opportunities.
Unit Size
759 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
Condo
Property Taxes
$101
HOA Dues
$368
Year Built
1943
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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 years ago (MLSPIN #73008066)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by Kelley & Katzer Real Estate, LLC | $110,000 | |
| Listed by Kelley & Katzer Real Estate, LLC | |||
| Apr 22, 2015 | Sold | ||
| Sold | |||
| Mar 25, 2015 | Listed by Neilsen Realty LLC | $59,900 | |
| Listed by Neilsen Realty LLC | |||
| | |||
|
Why rent when you can own this great 2 bedroom townhouse style condo, perfect for a first time home buyer. First floor has fantastic open floor plan dining room with hardwood floors. Off street parking is easily accessible and located outside of rear entrance. Heat, hot water, and maintenance is included in condo fees, so you can enjoy the perks of home ownership. Conveniently located near shopping and transportation line.
| |||
| Jan 10, 2003 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Level: First
Level: Second
Level: Second
Level: First
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Laundry Features: In Basement, In Building
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Wentworth Estates
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: Res-Condo
Parcel Number: M:00C01 B:00011 L:00430, 2664159
Water Source: Public
Financial Details
Tax Assessed Value: $76,700
Tax Annual Amount: $1,209
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $368
Community Features: Public Transportation, Shopping, Pool, Medical Facility, Highway Access, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - On Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2022
|
2 Bed
|
1 Bath
|
759 ft²
|
$110,000
2 Bed
1 Bath
759 ft²
|
$105,000
-4.55%
09/30/2022
|
Carmine Capua
Coldwell Banker Realty - Longmeadow
| |
|
03/25/2015
|
2 Bed
|
1 Bath
|
759 ft²
|
$59,900
2 Bed
1 Bath
759 ft²
|
$59,900
04/22/2015
|
The Neilsen Team
Keller Williams Realty
| |
|
10/28/2002
|
2 Bed
|
1 Bath
|
759 ft²
|
$52,000
2 Bed
1 Bath
759 ft²
|
$53,000
+1.92%
01/10/2003
|
Angela Gilligan
Coldwell Banker Residential Brokerage - Agawam
| |
|
09/06/2001
| |
2 Bed
|
1 Bath
|
759 ft²
|
$39,900
2 Bed
1 Bath
759 ft²
|
$39,000
-2.26%
11/09/2001
|
Gary Lambert
Gary A. Lambert
|
|
09/20/1999
| |
2 Bed
|
1 Bath
|
760 ft²
|
$33,900
2 Bed
1 Bath
760 ft²
|
$32,300
-4.72%
10/12/2000
|
Anne Gelinas
William Raveis R.E. & Home Services
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017