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West Springfield Town 01089
705 Elm Street
Photo of 705 Elm Street
Sold on Feb 2, 2009

1

Map

$186,500
● House - Off Market

705 Elm Street

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,642 Ft²
$395,468
RealtyHop Estimate
112.05%
Since Mar 1, 2009
National-US
Primary Model

About This Property

Style & charm is found in this very well maintained sided Colonial w/so many quality improvements recently done.Brand new gas boiler&gas hot water tank,newer replacement windows,architectural roof/2004,recently renovated bathrm w/marble flr.Filled with the warmth of rich woodwork,hardwd flring in most rms including the fully applianced kitchen w/cozy dining area,French doors,lovely livingrm w handsome fireplace,charming drm,nice size bdrms,walkup attic,large pretty fenced yard,patio,gar. A joy!
Unit Size
1,642 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$114
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1930

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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: 4 months ago (MLSPIN #70846875)

Price History

Date / Event Date Event Price
Feb 2, 2009 Sold
Premium
Sold
Nov 14, 2008 Listed $186,500
Listed
Jan 31, 2007 Sold
Premium
Sold
Nov 10, 2006 Listed $179,900
Listed

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 200
  • 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: 11,400
  • Total Building Area: 1,443
  • Gross Building Area: 3,487
  • Building Area: 1,443
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,443
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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: 812201

Geography

  • Account Number: 102-08200-49-001
  • District: 325
  • Parcel: WSPR M:00102 B:08200 L:00049
  • Block: 8200
  • Lot: 49
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1139
  • Longitude: -72.6256

    Address

  • Full Address: 705 Elm St
  • Address - House Number: 705
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: West Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 2628
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $399,700

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 332,605
  • High Value: 395,536
  • Low Value: 269,674

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $269,900
  • Assessed Land Value: $114,600
  • Assessed Improvements Value: $155,300

    Sales

  • Current Sale Recording Date: Feb 02, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5567
  • Previous Sale Recording Date: Jan 31, 2007
  • Previous Sale Amount: $175,000
  • 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

1836 ft²

Average Home Age

65.7 years

Currently For Sale

32 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# 70846875

Frequently Asked Questions

When was property at 705 Elm Street built and last sold?
The property at 705 Elm Street was built in 1930 and last sold on Jan 1, 1970 for $186,500.
How much is this home worth?
The estimated value of the home located at 705 Elm Street is $199,146.
What are some comparable homes to 705 Elm Street?
There are currently no comparable homes to 705 Elm Street.
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