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$104,000
● Condo - Off Market

481 Nassau #481

Springfield, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,121 Ft²
$174,994
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

This Hampden Meadow condo is in a great upper, end location.  The large living room has sliders to a private deck.  The kitchen has ample space for the chef of the family and has a laundry closet as well. The 2 bedrooms are very spacious and the master bedroom features a full bath and walk-in closet.  This unit has been well maintained and shows beautifully.  It is available for immediate occupancy.
Unit Size
1,121 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
Condo
Property Taxes
$200
HOA Dues
$244
Year Built
-

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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 #72138997)

Price History

Date / Event Date Event Price
Jun 22, 2017 Sold
Premium
Sold
Mar 28, 2017 Listed by Coldwell Banker Realty - Longmeadow $109,000
Listed by Coldwell Banker Realty - Longmeadow

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: Second
Features: Flooring - Vinyl, Gas Stove
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Wall to Wall Carpet, Balcony - Exterior
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Gas Water Heater, Tank Water Heater
Flooring Type: Vinyl, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street, Guest
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R1
Parcel Number: 2597093
Water Source: Public
Financial Details
Tax Assessed Value: $122,200
Tax Annual Amount: $2,402
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Pool, Tennis Court(s), Sauna/Steam, Clubroom, Trail(s)
Association Fee Frequency: Monthly
HOA Fee: $244
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Medical Facility, Laundromat
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72138997
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