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Springfield 01109 Pine Point
108 Silas St
$90,000
● House - Off Market

108 Silas St

Springfield, MA 01109
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,128 Ft²
$135,851
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Are you renting...?  Why?. Seller says Sell. This is a five-room two bedrooms and a one-car garage cape located on a side street, yet close to many amenities.  Property is in need of updating but offers many possibilities. The basement is partially finished newer boiler. Sold in as-is condition.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$84
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1941

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72617860)

Price History

Date / Event Date Event Price
Dec 18, 2020 Sold
Premium
Sold
Oct 28, 2020 Listed by M B C REALTORS® $175,000
Listed by M B C REALTORS®
Mar 17, 2020 Sold
Premium
Sold
Feb 10, 2020 Listed by M B C REALTORS® $95,000
Listed by M B C REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,202
  • Total Building Area: 924
  • Gross Building Area: 924
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • 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: 801402

Zoning

  • Zoning: R1

Geography

  • Account Number: 108650021
  • Parcel: SPRI S:10865 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.1267
  • Longitude: -72.5391

    Address

  • Full Address: 108 Silas St
  • Address - House Number: 108
  • Address - Street Name: Silas
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2330
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,200

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 251,659
  • High Value: 307,092
  • Low Value: 196,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,500
  • Assessed Land Value: $27,700
  • Assessed Improvements Value: $191,800

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76384
  • Previous Sale Recording Date: Mar 17, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $90,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$298,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1435 ft²

Average Home Age

86 years

Currently For Sale

27 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72617860

Frequently Asked Questions

When was property at 108 Silas Street built and last sold?
The property at 108 Silas Street was built in 1941 and last sold on Dec 16, 2020 for $180,000.
How much is this home worth?
The estimated value of the home located at 108 Silas Street is $178,548.
What are some comparable homes to 108 Silas Street?
There are currently no comparable homes to 108 Silas Street.
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