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Springfield 01129 Sixteen Acres
1164 Parker Street
$59,900
● House - Off Market

1164 Parker Street

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,153 Ft²
$216,009
RealtyHop Estimate
260.62%
Since Aug 1, 1997
National-US
Primary Model

About This Property

VINYL SIDED SIX ROOM THREE BEDROOM COZY CAPE WITH NEWER TILT IN WINDOWS,APO.NEWER FURNACE,APO.HARDWOOD FLOORS,REFACED KITCHEN CABINETS & UPDATED BATH,APO.RECENTLY REDONE REC.ROOM WITH A HALF BATH.CLOSE TO LIBRARY & SHOPPING AREAS.APTS.L.O.
Unit Size
1,153 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$52
Property Type
House
Property Taxes
$109
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #30148720)

Price History

Date / Event Date Event Price
Sep 29, 2003 Sold
Premium
Sold
Mar 22, 2003 Listed by Carlson GMAC Real Estate $119,900
Listed by Carlson GMAC Real Estate
Jul 30, 1997 Sold
Premium
Sold
Feb 10, 1997 Listed by Carlson GMAC Real Estate $59,900
Listed by Carlson GMAC Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,456
  • Total Building Area: 1,042
  • Gross Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,042
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000148
  • 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: 95100603
  • Parcel: SPRI S:09510 P:0603
  • Municipality: SPRINGFIELD
  • Latitude: 42.1176
  • Longitude: -72.4992

    Address

  • Full Address: 1164 Parker St
  • Address - House Number: 1164
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1030
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $320,500

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 257,121
  • High Value: 312,484
  • Low Value: 201,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,000
  • Assessed Land Value: $48,700
  • Assessed Improvements Value: $139,300

    Sales

  • Current Sale Recording Date: Sep 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 14131
  • Previous Sale Recording Date: Jul 30, 1997
  • Previous Sale Amount: $59,900
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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 years ago
Data Source: MLS PIN, MLS# 30148720

Frequently Asked Questions

When was property at 1164 Parker Street built and last sold?
The property at 1164 Parker Street was built in 1952 and last sold on Jan 1, 1970 for $118,900.
How much is this home worth?
The estimated value of the home located at 1164 Parker Street is $0.
What are some comparable homes to 1164 Parker Street?
There are currently no comparable homes to 1164 Parker Street.
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