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Springfield 01104 Liberty Heights
126 Melha Ave.
$114,900
● House - Off Market

126 Melha Ave.

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,713 Ft²
$232,998
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

This home has had the same owner for many many years. Home has lots of updates and is awaiting new owners that enjoy the quiet location with a minimal traffic flow. 2 car garage is very large as well as the huge attic. Basement has a finished room.  Home has lots of space with 7 very generous rooms. Location is very convenient to the hospitals and is walking distance to Mercy hospital. Sellers have priced this home far below assessment for a quick sale. Seller is very flexible with showings.
Unit Size
1,713 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$70
Property Type
House
Property Taxes
$267
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71500051)

Price History

Date / Event Date Event Price
Jan 31, 2014 Sold
Premium
Sold
Mar 29, 2013 Listed by William Raveis R.E. & Home Services $119,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 190
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,268
  • Total Building Area: 1,713
  • Gross Building Area: 1,713
  • Building Area: 1,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,713
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 800500

Zoning

  • Zoning: R1

Geography

  • Account Number: 85100021
  • Parcel: SPRI S:08510 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.1227
  • Longitude: -72.596

    Address

  • Full Address: 126 Melha Ave
  • Address - House Number: 126
  • Address - Street Name: Melha
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1825
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,000

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 295,520
  • High Value: 347,439
  • Low Value: 243,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,000
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $205,700

    Sales

  • Current Sale Recording Date: Jan 31, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
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:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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: 4 months ago
Data Source: MLS PIN, MLS# 71500051

Frequently Asked Questions

When was property at 126 Melha Avenue built and last sold?
The property at 126 Melha Avenue was built in 1929 and last sold on Jan 1, 1970 for $114,900.
How much is this home worth?
The estimated value of the home located at 126 Melha Avenue is $133,994.
What are some comparable homes to 126 Melha Avenue?
There are currently no comparable homes to 126 Melha Avenue.
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