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West Springfield Town 01089
62 Ridgeview Rd
$153,000
● House - Off Market

62 Ridgeview Rd

West Springfield, MA 01089
bedrooms
2 Beds
bathrooms
1 Bath
square feet
880 Ft²
$360,843
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Welcome home!  Great starter home or downsizer, hardwood floors, updated flooring in kitchen and hallway.  Newer siding and windows, brand new boiler in 2009, new driveway in 2007.(apo) Great corner lot with fenced in backyard and patio perfect for parties!. One car attached garage with breezeway.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$178
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1952

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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: 4 months ago (MLSPIN #71263202)

Price History

Date / Event Date Event Price
Nov 10, 2011 Sold
Premium
Sold
Jul 18, 2011 Listed by Keller Williams Realty $157,000
Listed by Keller Williams Realty
Oct 29, 2004 Sold
Premium
Sold
Sep 13, 2004 Listed by Keller Williams Realty $159,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9,180
  • Total Building Area: 904
  • Gross Building Area: 1,928
  • Building Area: 904
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD ACRES
  • Land Acres: 0000000211
  • 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: 812404

Geography

  • Account Number: 454-01500-B2-001
  • District: 325
  • Parcel: WSPR M:00454 B:01500 L:000B2
  • Block: 1500
  • Lot: B2
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1197
  • Longitude: -72.6475

    Address

  • Full Address: 62 Ridgeview Rd
  • Address - House Number: 62
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2420
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $331,200

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 276,562
  • High Value: 332,346
  • Low Value: 220,779

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $223,600
  • Assessed Land Value: $107,900
  • Assessed Improvements Value: $115,700

    Sales

  • Current Sale Recording Date: Nov 10, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000006
  • Previous Sale Recording Date: Oct 29, 2004
  • Previous Sale Amount: $160,560
  • 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:

$359,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1768 ft²

Average Home Age

65.9 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 71263202

Frequently Asked Questions

When was property at 62 Ridgeview Road built and last sold?
The property at 62 Ridgeview Road was built in 1952 and last sold on Jan 1, 1970 for $153,000.
How much is this home worth?
The estimated value of the home located at 62 Ridgeview Road is $160,832.
What are some comparable homes to 62 Ridgeview Road?
There are currently no comparable homes to 62 Ridgeview Road.
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