$102,000
●
Condo -
Off Market
483 Cold Spring Ave #2B
West Springfield, MA 01089
2 Beds
1 Bath
541 Ft²
$105,109
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Affordable two bedroom garden style condo at Wentworth Estates.
Ideal condo for a 1st time buyer, downsizing or an investor looking
for a low maintenance unit. This unit offers an oversized storage
unit and assigned parking spot. Appliances including refrigerator,
gas range and dishwasher to remain for the buyer's enjoyment.
Affordable 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
to own for less than renting. This unit is currently leased
month-to-month to tenant paying $1,000/month.*Investors: Seller
currently has six other units in complex for investment
opportunities.
Unit Size
541 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
Condo
Property Taxes
$78
HOA Dues
$292
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: 5 months ago (MLSPIN #73084628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | In contract | - | |
| In contract | |||
| Mar 6, 2023 | Listed by Coldwell Banker Realty - Western MA | $102,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
| | |||
|
Affordable two bedroom garden style condo at Wentworth Estates. Ideal condo for a 1st time buyer, downsizing or an investor looking for a low maintenance unit. This unit offers an oversized storage unit and assigned parking spot. Appliances including refrigerator, gas range and dishwasher to remain for the buyer's enjoyment. Affordable 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 to own for less than renting. This unit is currently leased month-to-month to tenant paying $1,000/month.*Investors: Seller currently has six other units in complex for investment opportunities.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Laundry Features: In Building
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 541
Year Built Source: Public Records
Year Built: 1943
Building Name: Wentworth Estates
Building Area Total: 541
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $59,600
Tax Annual Amount: $939
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $292
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
08/26/2024
|
2 Bed
|
1 Bath
|
541 ft²
|
$124,000
2 Bed
1 Bath
541 ft²
|
$124,000
09/27/2024
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
04/09/2023
|
2 Bed
|
1 Bath
|
-
|
$101,000
2 Bed
1 Bath
|
-
-
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
03/06/2023
|
2 Bed
|
1 Bath
|
541 ft²
|
$102,000
2 Bed
1 Bath
541 ft²
|
$102,000
03/24/2023
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
12/01/2020
|
2 Bed
|
1 Bath
|
541 ft²
|
$70,000
2 Bed
1 Bath
541 ft²
|
$65,000
-7.14%
02/04/2021
|
Ahmet Gunay
Premier Choice Realty, Inc.
| |
|
06/20/2003
|
2 Bed
|
1 Bath
|
541 ft²
|
$44,500
2 Bed
1 Bath
541 ft²
|
$43,500
-2.25%
09/29/2003
|
Vincenzo Rettura
Rettura Realty
| |
|
04/24/2002
|
2 Bed
|
1 Bath
|
541 ft²
|
$32,900
2 Bed
1 Bath
541 ft²
|
$31,000
-5.78%
11/01/2002
|
Vincenzo Rettura
Rettura Realty
| |
|
07/13/2000
|
2 Bed
|
1 Bath
|
541 ft²
|
$26,000
2 Bed
1 Bath
541 ft²
|
$24,000
-7.69%
10/03/2000
|
Bernard D'Orazio
Baystate Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017