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West Springfield Town 01089
45 Althea Strret
$77,800
● House - Off Market

45 Althea Strret

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$270,192
RealtyHop Estimate
239.86%
Since Aug 1, 1998
National-US
Primary Model

About This Property

PRICED BELOW ASSESSMENT FOR QUICK SALE 6 ROOM 3 BEDRROM MOST FLOORS HAVE HARDWOOD NEWER ROOF ALSO SOME UPDATING DONE THIS IS NOT A DRIVE BY PARTIALLY FINISHED BASEMENT SOME SEEPAGE IN BASEMENT
Unit Size
-
Days on Market
-
Land Size
8.54 acres
Price per sqft
-
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1951

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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 years ago (MLSPIN #30218052)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 18, 2021 Listed $298,500
Listed
Jul 22, 1998 Sold
Premium
Sold
Apr 24, 1998 Listed $79,500
Listed
Jul 14, 1995 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 4
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,372
  • Total Building Area: 1,265
  • Gross Building Area: 2,605
  • Building Area: 1,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,265
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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: 812202

Geography

  • Account Number: 112-08550-R2-001
  • District: 325
  • Parcel: WSPR M:00112 B:08550 L:000R2
  • Block: 8550
  • Lot: R2
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.153
  • Longitude: -72.633

    Address

  • Full Address: 45 Althea St
  • Address - House Number: 45
  • Address - Street Name: Althea
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1138
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,100

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 346,975
  • High Value: 410,207
  • Low Value: 283,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $301,200
  • Assessed Land Value: $90,300
  • Assessed Improvements Value: $210,900

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46000
  • Previous Sale Recording Date: Jul 22, 1998
  • Previous Sale Amount: $79,800
  • 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

51

Average Home Size

2039 ft²

Average Home Age

71.7 years

Currently For Sale

33 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera
Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30218052

Frequently Asked Questions

When was property at 45 Althea Street built and last sold?
The property at 45 Althea Street was built in 1951 and last sold on Jul 1, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 45 Althea Street is $302,044.
What are some comparable homes to 45 Althea Street?
There are currently no comparable homes to 45 Althea Street.
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