560 RiverdaleWest Springfield, MA 01089

  • Hospitality properties
  • 16,255 SF
Off market
$10,018,800 Estimated

Property Details for 560 Riverdale

Year built
1954
Construction
FRAME
Lot size
1.00 AC
Property size (Sq ft)
16,255 SF
Property type
Hospitality properties
Property subtype
Motels
APN
WSPR M:00226 B:05850 L:0075A
APU
WSPRM00226B05850L0075A

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,052,480
    6.5%
    $2,817,674
    7%
    $2,616,412
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,991,114
    Geo Method
    $4,991,114
  • Alternative Use

    Use
    Valuation
    Residential
    $3,076,082
    Hospitality
    $2,817,674
    Educational
    $2,344,272
    Medical
    $2,424,895
    Retail
    $3,646,645
560 Riverdale, West Springfield, Massachusetts

Location Insight

City
West Springfield
County
Hampden
State
Massachusetts
Latitude
42.1212
Longitude
-72.6262
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$37,250
$308,800
$941,200
$1,250,000
-
-
-
-

Property Visit Statistics

  • Visits by month
    1.7k
  • Visitors by month
    780
  • Avg Time on site
    397 min

FAQs

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