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West Springfield Town 01089
502 Dewey Street
$176,900
● House - Off Market

502 Dewey Street

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,017 Ft²
$295,402
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Wonderful opportunity for home ownership in the desirable Fausey area!  This Cape offers a fireplaced Living Room with Dining Area, Kitchen, 2 Bedrooms and a Bath on the First Floor and a 3rd Bedroom on the Second Floor.  The additional large unfinished area on the Second Floor offers endless opportunities for expansion.  Other features include a Breezeway, attached Garage, Deck and a wonderful large back yard.  Updates include Roof Shingles, Gas Furnace and Hot Water Tank, Replacement Windows and Vinyl Siding.  Let your imagination and decorating ideas make this Home shine!
Unit Size
1,017 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$172
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1955

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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: 6 months ago (MLSPIN #72025619)

Price History

Date / Event Date Event Price
Aug 10, 2016 Sold
Premium
Sold
Jun 17, 2016 Listed by Bourque Real Estate $174,900
Listed by Bourque Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 950
  • Gross Building Area: 3,138
  • Building Area: 950
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 812401

Geography

  • Account Number: 214-04050-W1-001
  • District: 325
  • Parcel: WSPR M:00214 B:04050 L:000W1
  • Block: 4050
  • Lot: W1
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1206
  • Longitude: -72.6747

    Address

  • Full Address: 502 Dewey St
  • Address - House Number: 502
  • Address - Street Name: Dewey
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1608
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $380,000

    Appraisal Valuation

  • Standard Deviation: 0.1991
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 311,080
  • High Value: 373,017
  • Low Value: 249,144

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $256,600
  • Assessed Land Value: $120,200
  • Assessed Improvements Value: $136,400

    Sales

  • Current Sale Recording Date: Aug 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46779
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

1820 ft²

Average Home Age

75.6 years

Currently For Sale

47 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

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72025619

Frequently Asked Questions

When was property at 502 Dewey Street built and last sold?
The property at 502 Dewey Street was built in 1955 and last sold on Jan 1, 1970 for $176,900.
How much is this home worth?
The estimated value of the home located at 502 Dewey Street is $180,011.
What are some comparable homes to 502 Dewey Street?
There are currently no comparable homes to 502 Dewey Street.
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