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Springfield 01104 East Springfield
11 Metzger Pl
$262,000
● House - Off Market

11 Metzger Pl

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,064 Ft²
$274,703
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Make 11 Metzger Place your new home! Located in the Heart of East Springfield, this 3 bed, 2 bath home is perfect for anyone looking to get the most out of their neighborhood. With a finished basement and full bathroom, you can transform it into whatever you can dream up. Minutes away from the Chicopee line and highway access, this house has all the convenience you need to make it your own. This home was renovated in 2020 with many major ticket items taken care of! The roof is under 3 years old and a new heating system was installed in 2021! Not much left to do besides move and make it your own!
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$254
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1955

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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 #73085098)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 7, 2023 Listed by Executive Real Estate, Inc. $269,999
Listed by Executive Real Estate, Inc.
Aug 11, 2020 Sold
Premium
Sold
Jul 4, 2020 Listed by Executive Real Estate, Inc. $194,000
Listed by Executive Real Estate, Inc.
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,064
  • Gross Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 86020002
  • Parcel: SPRI S:08602 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.1456
  • Longitude: -72.5663

    Address

  • Full Address: 11 Metzger Pl
  • Address - House Number: 11
  • Address - Street Name: Metzger
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1409
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $334,200

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 260,187
  • High Value: 313,100
  • Low Value: 207,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,000
  • Assessed Land Value: $36,300
  • Assessed Improvements Value: $159,700

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 19297
  • Previous Sale Recording Date: Aug 11, 2020
  • Previous Sale Contract Date: Aug 10, 2020
  • Previous Sale Amount: $205,000
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1319 ft²

Average Home Age

81.7 years

Currently For Sale

18 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73085098

Frequently Asked Questions

When was property at 11 Metzger Place built and last sold?
The property at 11 Metzger Place was built in 1955 and last sold on Apr 28, 2023 for $262,000.
How much is this home worth?
The estimated value of the home located at 11 Metzger Place is $264,820.
What are some comparable homes to 11 Metzger Place?
There are currently no comparable homes to 11 Metzger Place.
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