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Springfield 01109 McKnight
120 Westminster St
$310,000
● House - Off Market

120 Westminster St

Springfield, MA 01109
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,500 Ft²
$1,889
Est. Monthly

About This Property

WOW A GREAT OPPORTUNITY FOR A FIRST-TIME BUYER OR LOVER of a Historic Home.  It's spacious with 4 bedrooms in main quarters.  Featuring additional rooms and living space on 3rd level in case you want to expand and have additional space   THIS HOME HAS AN OPEN SPACIOUS LIVING AND DINNING! THIS HOME IS ATTRACTIVE AND WELL DESIGNED FOR ENTERTAINING AND RELAXATION. IT FEATURES 4 BEDROOMS WITH 2 ADDITIONAL ROOM ON 3RD LEVEL.  IT HA S A ONE FULL BATHROOM AS WELL AS HALF BATH ON LOWEL LEVEL.  A welcoming kitchen and cozy fireplace.  EVEN MORE:  LARGE YARD WITH DECK AND NICE RELAXING ATMOSPHERE. Enjoy this Nice front PORCH ideal for summer evenings.  You might even be qualified for down payment assistant, please inquire.  IT's adorable and it won't last. Seller just finished some touch ups and its eye catching.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$130
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1894

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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 #73227529)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Premium
Sold
Jul 27, 2024 In contract -
In contract
Jul 7, 2024 Relisted $135,000
Relisted
Jul 7, 2024 Price Increased $324,900
↑ $190K (140.7%)
Price Increased
Apr 23, 2024 Listed by Home Equity Assets Realty, LLC $324,900
Listed by Home Equity Assets Realty, LLC
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,305
  • Total Building Area: 2,054
  • Gross Building Area: 2,054
  • Building Area: 2,054
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,054
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000328
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 122010026
  • Parcel: SPRI S:12201 P:0026
  • Municipality: SPRINGFIELD
  • Latitude: 42.1135
  • Longitude: -72.5705

    Address

  • Full Address: 120 Westminster St
  • Address - House Number: 120
  • Address - Street Name: Westminster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 3925
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 251,463
  • High Value: 296,164
  • Low Value: 206,761

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,200
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $182,000

    Sales

  • Current Sale Recording Date: Aug 22, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48819
  • Previous Sale Recording Date: Jul 16, 1982
  • Previous Sale Amount: $38,000
  • 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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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# 73227529

Frequently Asked Questions

When was property at 120 Westminster Street built and last sold?
The property at 120 Westminster Street was built in 1894 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 120 Westminster Street is $323,296.
What are some comparable homes to 120 Westminster Street?
There are currently no comparable homes to 120 Westminster Street.
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