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Springfield 01109 Old Hill
103 Eastern Ave
$265,000
● House - Off Market

103 Eastern Ave

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,044 Ft²
$263,014
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

***** Looking for a move in ready home in a commuter friendly location? Run don't walk to this amazing property!! This raised ranch checks off a lot of boxes. It has newer windows with warranty, solar panels, new heating system and many many more amenities. The main level offers a a sun filled living room, large kitchen, cozy dining room, large bathroom an three nice sized bedrooms. Go down to the ground level and you will find a fully finished basement with 2 separate rooms for extra living space a full bath and walk in closets for storage. Walk out to a deck overlooking the back yard for those summer BBQ and entertainment or to simply just relax. Don't miss out! This one wont last!!
Unit Size
1,044 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$249
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1989

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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 #72946504)

Price History

Date / Event Date Event Price
Jun 9, 2022 Sold
Premium
Sold
Feb 26, 2022 Listed by Executive Real Estate, Inc. $260,000
Listed by Executive Real Estate, Inc.
Dec 15, 2006 Sold
Premium
Sold
Jul 29, 2006 Listed by Executive Real Estate, Inc. $124,900
Listed by Executive Real Estate, Inc.
Oct 18, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,077
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 43250185
  • Parcel: SPRI S:04325 P:0185
  • Municipality: SPRINGFIELD
  • Latitude: 42.108
  • Longitude: -72.5632

    Address

  • Full Address: 103 Eastern Ave
  • Address - House Number: 103
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 3640
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $315,400

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 268,657
  • High Value: 320,413
  • Low Value: 216,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,000
  • Assessed Land Value: $22,600
  • Assessed Improvements Value: $162,400

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34802
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Amount: $125,400
  • Previous Sale Document Type: 27
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 Old Hill

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2961 ft²

Average Home Age

119.1 years

Currently For Sale

7 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# 72946504

Frequently Asked Questions

When was property at 103 Eastern Avenue built and last sold?
The property at 103 Eastern Avenue was built in 1989 and last sold on Jun 8, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 103 Eastern Avenue is $252,831.
What are some comparable homes to 103 Eastern Avenue?
There are currently no comparable homes to 103 Eastern Avenue.
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