$135,000
●
Condo -
Off Market
481 Cold Spring Ave #2B4
West Springfield, MA 01089
2 Beds
1 Bath
541 Ft²
$1,106
Est. Monthly
$350
HOA / Fees
11.88%
Cap Rate
Unit Size
541 Ft²
Days on Market
-
Land Size
-
Price per sqft
$238
Property Type
Condo
Property Taxes
$122
HOA Dues
$350
Year Built
-
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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: 2 years ago (MLSPIN #73319487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by Gallagher Real Estate | $129,000 | |
| Listed by Gallagher Real Estate | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Laminate, Hardwood
Rooms: 5
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association
Lot Size Units: Acres
Zoning: BB-1
Parcel Number: M:00C01 B:00017 L:04814, 2664229
Water Source: Public
Financial Details
Tax Assessed Value: $99,200
Tax Annual Amount: $1,469
Utilities Details
Utilities: for Gas Oven
Cooling Type: Window Unit(s)
Heating Type: Natural Gas, Radiant
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $350
Community Features: Laundromat
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
01/31/2025
|
2 Bed
|
1 Bath
|
541 ft²
|
$139,900
2 Bed
1 Bath
541 ft²
|
$147,000
+5.08%
02/20/2025
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
12/12/2024
|
2 Bed
|
1 Bath
|
541 ft²
|
$129,000
2 Bed
1 Bath
541 ft²
|
$135,000
+4.65%
01/31/2025
|
Viktoria Brennan
Gallagher Real Estate
| |
|
09/18/2019
|
2 Bed
|
1 Bath
|
541 ft²
|
$70,000
2 Bed
1 Bath
541 ft²
|
$70,000
10/31/2019
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
04/17/2019
|
2 Bed
|
1 Bath
|
541 ft²
|
$57,900
2 Bed
1 Bath
541 ft²
|
$59,900
+3.45%
06/20/2019
|
Erick Sykes
BKaye Realty
| |
|
04/02/2018
|
2 Bed
|
1 Bath
|
541 ft²
|
$64,900
2 Bed
1 Bath
541 ft²
|
$60,000
-7.55%
05/03/2018
|
Carrie Blair
Keller Williams Realty
| |
|
01/16/2010
|
2 Bed
|
1 Bath
|
541 ft²
|
$66,900
2 Bed
1 Bath
541 ft²
|
$65,000
-2.84%
03/26/2010
|
Denise Sacharczyk
Berkshire Hathaway HomeServices Realty Professionals
| |
|
05/17/2007
|
2 Bed
|
1 Bath
|
541 ft²
|
$63,000
2 Bed
1 Bath
541 ft²
|
$55,000
-12.70%
08/24/2007
|
Lesley Lambert
Park Square Realty
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017