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Springfield 01104 Liberty Heights
118 Wait
Photo of 118 Wait
Sold on Apr 24, 2026

29

Map

Photo of 118 Wait
Photo of 118 Wait
$171,500
● House - Off Market

118 Wait

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,500 Ft²
$1,288
Est. Monthly

About This Property

Great opportunity in Springfield! This 3 bedroom 1.1 bath home offers approximately 1,500 square feet of living space and is priced to sell. Features include vinyl siding, an enclosed front porch, hardwood floors on the main level and in all bedrooms, and a partially finished basement offering additional space. The property also includes a one-car detached garage and a fully fenced-in backyard. The home is in need of cosmetic updates throughout, making it ideal for investors, contractors, or buyers looking to add value. Property is being sold as-is. Bring your vision and unlock the potential!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$130
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1910

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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: 6 months ago (MLSPIN #73473252)

Price History

Date / Event Date Event Price
Apr 24, 2026 Sold
Premium
Sold
Apr 7, 2026 In contract -
In contract
Mar 5, 2026 Price Decreased $194,900
↓ $5K (2.5%)
Price Decreased
Feb 1, 2026 Listed by Elite Realty Partners LLC $199,900
Listed by Elite Realty Partners LLC
Jul 7, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 5,001
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,500
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 800400

Zoning

  • Zoning: R2

Geography

  • Account Number: 119150024
  • Parcel: SPRI S:11915 P:0024
  • Municipality: SPRINGFIELD
  • Latitude: 42.1258
  • Longitude: -72.5876

    Address

  • Full Address: 118 Wait St
  • Address - House Number: 118
  • Address - Street Name: Wait
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 1942
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $261,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 243,238
  • High Value: 296,090
  • Low Value: 190,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $153,500
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $120,600

    Sales

  • Current Sale Recording Date: Jul 07, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11331
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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1844 ft²

Average Home Age

89.6 years

Currently For Sale

36 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73473252

Frequently Asked Questions

When was property at 118 Wait Street built and last sold?
The property at 118 Wait Street was built in 1910 and last sold on Jan 1, 1970 for $105,000.
How much is this home worth?
The estimated value of the home located at 118 Wait Street is $0.
What are some comparable homes to 118 Wait Street?
There are currently no comparable homes to 118 Wait Street.
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