1578 RiverdaleWest Springfield, MA 01089

  • Office properties
  • 10,179 SF
Off market
$13,171,870 Estimated

Property Details for 1578 Riverdale

Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.31 AC
Property size (Sq ft)
10,179 SF
Property type
Office properties
Property subtype
Office buildings
APN
WSPR M:00226 B:10500 L:000R1
APU
WSPRM00226B10500L000R1

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,682,893
    6.5%
    $1,553,440
    7%
    $1,442,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,329,988
    Geo Method
    $1,329,988
  • Alternative Use

    Use
    Valuation
    Residential
    $1,926,265
    Hospitality
    $1,764,448
    Educational
    $1,468,000
    Medical
    $1,518,487
    Retail
    $2,283,556
1578 Riverdale, West Springfield, Massachusetts

Location Insight

City
West Springfield
County
Hampden
State
Massachusetts
Latitude
42.1466
Longitude
-72.6304
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
$29,037
$295,400
$679,000
$974,400
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-
-
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