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West Springfield Town 01089
92 Prospect Ave
$234,000
● House - Off Market

92 Prospect Ave

West Springfield, MA 01089
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,128 Ft²
$248,667
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Buyer walked away right before closing!!!  Don't miss this one!  Adorable West Side Cape-Cod style home ready for new owner's!  First floor is where you will find hardwood flooring in the living room and first floor bedroom.   Heated floors in the main floor bathroom is a nice bonus for cold winter mornings.  New roof was added in 2021 along with a brand new furnace motor this year!  This home is located close to all major highways and very convenient for your morning commute. All information APO
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$208
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1947

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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 #73044218)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Jan 5, 2023 In contract -
In contract
Dec 5, 2022 Price Increased $234,900
↑ $70K (42.4%)
Price Increased
Dec 5, 2022 Relisted $165,000
Relisted
Oct 25, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 7,000
  • Total Building Area: 972
  • Gross Building Area: 2,540
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 972
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 812202

Geography

  • Account Number: 445-24100-0U-001
  • District: 325
  • Parcel: WSPR M:00445 B:24100 L:0000U
  • Block: 24100
  • Lot: U
  • Municipality: WEST SPRINGFIELD
  • Latitude: 42.1563
  • Longitude: -72.6363

    Address

  • Full Address: 92 Prospect Ave
  • Address - House Number: 92
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: West Springfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 4552
  • Zip Code: 01089

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $364,500

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 274,114
  • High Value: 328,802
  • Low Value: 219,426

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $246,100
  • Assessed Land Value: $112,200
  • Assessed Improvements Value: $133,900

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4443
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: O
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

1799 ft²

Average Home Age

64.6 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

Unit for rent at 360 1/2 Tokeneke Rd, MA, 01040

$1,309 /mo

  • 2 Beds
  • 1 Bath
360 1/2 Tokeneke Rd, MA, 01040 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73044218

Frequently Asked Questions

When was property at 92 Prospect Avenue built and last sold?
The property at 92 Prospect Avenue was built in 1947 and last sold on Jan 27, 2023 for $234,000.
How much is this home worth?
The estimated value of the home located at 92 Prospect Avenue is $235,970.
What are some comparable homes to 92 Prospect Avenue?
There are currently no comparable homes to 92 Prospect Avenue.
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