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Springfield 01109 McKnight
102 Thompson St
$140,000
● House - Off Market

102 Thompson St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,346 Ft²
$129,999
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This expansive colonial home in the Hill McKnight historic area presents a fantastic investment opportunity for those willing to put in sweat equity.  With some TLC, this property holds the promise of transforming into the stunning home it once was.  The house features a generous floor plan.  On the first floor, you will find a substantial living room, eat-in kitchen, dining room, full bath and a cozy den that currently functions as an additional bedroom.  The second floor offers 4 comfortably-sized bedrooms and the second full bathroom.  Home is being sold as-is.
Unit Size
2,346 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$55
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1895

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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 #73139030)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold
Premium
Sold
Sep 28, 2023 In contract -
In contract
Sep 19, 2023 Relisted $129,999
Relisted
Jul 29, 2023 In contract -
In contract
Jul 20, 2023 Listed by Coldwell Banker Realty - Western MA $129,999
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1895
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,128
  • Total Building Area: 2,346
  • Gross Building Area: 2,346
  • Building Area: 2,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,346
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 801300

Zoning

  • Zoning: R2

Geography

  • Account Number: 115250022
  • Parcel: SPRI S:11525 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.1129
  • Longitude: -72.5716

    Address

  • Full Address: 102 Thompson St
  • Address - House Number: 102
  • Address - Street Name: Thompson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 3922
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 92
  • Final Value: 131,867
  • High Value: 143,335
  • Low Value: 120,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,800
  • Assessed Land Value: $23,400
  • Assessed Improvements Value: $127,400

    Sales

  • Current Sale Contract Date: Nov 21, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 57092
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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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# 73139030

Frequently Asked Questions

When was property at 102 Thompson Street built and last sold?
The property at 102 Thompson Street was built in 1895 and last sold on Nov 21, 2023 for $140,000.
How much is this home worth?
The estimated value of the home located at 102 Thompson Street is $142,108.
What are some comparable homes to 102 Thompson Street?
There are currently no comparable homes to 102 Thompson Street.
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