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Springfield 01109 Upper Hill
126 Benton St
$180,000
● House - Off Market

126 Benton St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$988
Est. Monthly

About This Property

For investors seeking a property with untapped potential, 126 Benton Street is a diamond in the rough. With a solid foundation and a bit of vision, this home has the potential to become a profitable asset. Whether you're looking to renovate and sell for a profit or add to your rental portfolio, this property offers flexibility to meet your investment goals. Property is being sold in as is condition.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$131
Property Type
House
Property Taxes
$153
HOA Dues
-
Year Built
1896

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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 #73195725)

Price History

Date / Event Date Event Price
Feb 29, 2024 Sold
Premium
Sold
Feb 5, 2024 In contract -
In contract
Jan 23, 2024 Listed by Lock and Key Realty Inc. $169,999
Listed by Lock and Key Realty Inc.
Sep 14, 2022 Sold
Premium
Sold
Apr 18, 2008 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,296
  • 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: 801501

Zoning

  • Zoning: R2

Geography

  • Account Number: 12920027
  • Parcel: SPRI S:01292 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.1134
  • Longitude: -72.5473

    Address

  • Full Address: 126 Benton St
  • Address - House Number: 126
  • Address - Street Name: Benton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2712
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $183,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 172,144
  • High Value: 187,210
  • Low Value: 157,079

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,600
  • Assessed Land Value: $27,300
  • Assessed Improvements Value: $80,300

    Sales

  • Current Sale Contract Date: Feb 29, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8825
  • Previous Sale Recording Date: Sep 14, 2022
  • Previous Sale Contract Date: Sep 14, 2022
  • Previous Sale Amount: $125,000
  • 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 Upper Hill

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$164

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2517 ft²

Average Home Age

102.3 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# 73195725

Frequently Asked Questions

When was property at 126 Benton Street built and last sold?
The property at 126 Benton Street was built in 1896 and last sold on Feb 29, 2024 for $180,000.
How much is this home worth?
The estimated value of the home located at 126 Benton Street is $169,966.
What are some comparable homes to 126 Benton Street?
There are currently no comparable homes to 126 Benton Street.
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