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Springfield 01109 Old Hill
12 King St
$240,000
● House - Off Market

12 King St

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,876 Ft²
$232,788
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Check out this large, remodeled home. There are 5 bedrooms and 3 bathrooms (one bathroom is in the basement). The rooms are spacious with tall ceilings. The kitchen has new stainless appliances, beautiful tile backsplash and tile floor. One of the bedrooms are on the 1st floor and the other 4 are on the 2nd floor. There is a bathroom on each floor. The home features two staircases to the 2nd floor. The basement is partially finished with a couple rooms and a bathroom. Outside the yard if fenced in and the driveway is concrete. Make your appointment before it is gone. MULTIPLE OFFERS...OFFER DEADLINE IS SATURDAY, 12/17 AT 5 PM
Unit Size
1,876 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$117
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1897

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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 #73064872)

Price History

Date / Event Date Event Price
Jan 27, 2023 Sold
Premium
Sold
Dec 20, 2022 In contract -
In contract
Dec 13, 2022 Listed by Houser Metro Realty $219,900
Listed by Houser Metro Realty
Oct 21, 2021 Sold
Premium
Sold
May 3, 2019 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,659
  • Total Building Area: 1,876
  • Gross Building Area: 1,876
  • Building Area: 1,876
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,876
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000084
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 72950002
  • Parcel: SPRI S:07295 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.1045
  • Longitude: -72.5711

    Address

  • Full Address: 12 King St
  • Address - House Number: 12
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4314
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,700

    Appraisal Valuation

  • Standard Deviation: 0.254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 260,354
  • High Value: 326,493
  • Low Value: 194,215

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,200
  • Assessed Land Value: $20,900
  • Assessed Improvements Value: $137,300

    Sales

  • Current Sale Contract Date: Jan 27, 2023
  • Current Sale Recording Date: Jan 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4525
  • Previous Sale Recording Date: Oct 21, 2021
  • Previous Sale Contract Date: Oct 21, 2021
  • Previous Sale Amount: $150,000
  • 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 Old Hill

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2961 ft²

Average Home Age

119.1 years

Currently For Sale

7 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# 73064872

Frequently Asked Questions

When was property at 12 King Street built and last sold?
The property at 12 King Street was built in 1897 and last sold on Jan 27, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 12 King Street is $224,114.
What are some comparable homes to 12 King Street?
There are currently no comparable homes to 12 King Street.
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