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Springfield 01119 Sixteen Acres
103 Redden St
$148,000
● House - Off Market

103 Redden St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
99,999 Ft²
$280,209
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Come see this newly updated ranch with nothing to do just move in.  Kitchen has been fully gutted and replaced with new mahogany cabinets, stainless steal gas stove, refrigerator, dishwasher, and microwave.  New granite counter top, ceramic tile in kitchen, foyer and bath.  Newly sanded and stained hardwood floors throughout. Living room with recess lighting and a fire place for the cozy winter nights.  New replacement windows, new garage door.  The basement is wide open.  Fenced backyard.
Unit Size
99,999 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$2
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1954

Payment Calculator

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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 #71798153)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Sep 22, 2021 Listed by M B C REALTORS® $250,000
Listed by M B C REALTORS®
Apr 28, 2015 Sold
Premium
Sold
Mar 5, 2015 Listed by M B C REALTORS® $155,000
Listed by M B C REALTORS®
Oct 31, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,059
  • Total Building Area: 944
  • Gross Building Area: 944
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 944
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 101100020
  • Parcel: SPRI S:10110 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1195
  • Longitude: -72.5007

    Address

  • Full Address: 103 Redden St
  • Address - House Number: 103
  • Address - Street Name: Redden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2633
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,100

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 286,742
  • High Value: 344,407
  • Low Value: 229,078

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,000
  • Assessed Land Value: $49,100
  • Assessed Improvements Value: $197,900

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86938
  • Previous Sale Recording Date: Apr 28, 2015
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: O
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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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# 71798153

Frequently Asked Questions

When was property at 103 Redden Road built and last sold?
The property at 103 Redden Road was built in 1954 and last sold on Dec 7, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 103 Redden Road is $243,308.
What are some comparable homes to 103 Redden Road?
There are currently no comparable homes to 103 Redden Road.
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