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$48,000
● Condo - Off Market

101 Mulberry #519

Springfield, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$93,142
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Great City View for this newly refinished two bedroom condo with an enclosed sunporch. Modern appliances, two new air conditioners, shining parquet floors.  Enjoy two inside parking spaces 46 A and B  and the comfort of the elevators to your 5th floor condo.  Close to the Library and Museum  Quadrangle and Route 91.  Easy walk to the  proposed new MGM Casino.
Unit Size
840 Ft²
Days on Market
-
Land Size
-
Price per sqft
$63
Property Type
Condo
Property Taxes
$75
HOA Dues
$336
Year Built
-

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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: 5 years ago (MLSPIN #71878880)

Price History

Date / Event Date Event Price
Nov 16, 2015 Sold
Premium
Sold
Jul 24, 2015 Listed by Sears Real Estate, Inc. $52,500
Listed by Sears Real Estate, Inc.

Property Highlights

Air Conditioning
Interior Details
Level: First
Features: Flooring - Vinyl
Level: First
Features: Closet, Flooring - Wood, Window(s) - Picture, Slider
Features: Flooring - Wood, Window(s) - Picture
Level: First
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
Level: First
Features: Closet, Flooring - Wood, Window(s) - Picture
Level: First
Level: First
Features: Flooring - Wood, Handicap Accessible, Cable Hookup
Features: No
Full Bathrooms: 1
Interior Features: Sun Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile, Vinyl, Flooring - Wall to Wall Carpet
Laundry Features: Common Area, In Building
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Deeded, Tandem
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 5
Year Built Source: Public Records
Year Built Details: Actual, Certified Historic
PropertySubType: Condominium
Building Name: Mulberry House
Structure Type: High-Rise
Stories (Total): 7
Building Area Units: Square Feet
Window Features: Window(s) - Picture, Insulated Windows
Patio and Porch Features: Enclosed
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res C
Parcel Number: 2596862
Water Source: Public
Financial Details
Tax Assessed Value: $45,600
Tax Annual Amount: $897
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s), Heat Pump, 3 or More
Heating Type: Heat Pump, Electric, Wall Furnace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Security, Maintenance Structure, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Laundry, Elevator(s)
Association Fee Frequency: Monthly
HOA Fee: $336
Community Features: Public Transportation, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71878880
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