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Springfield 01104 East Springfield
126 Merida St
$83,500
● House - Off Market

126 Merida St

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$191,069
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Why rent when you can own?  Great location for an affordable starter home with growth potential for bedrooms/bath in walk up attic. Just put your finishing touches in this freshly painted home with refinished hardwood floors in living and bedrooms, new vinyl in kitchen.  Nice size, flat, fenced yard with storage shed.  Full painted basement can be finished for family/play room.  New hot water tank (2010); 100 amp elec (2009); includes appliances, dryer (2006), fridge (2005), stove (2006) all apo
Unit Size
720 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$124
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1948

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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: 5 months ago (MLSPIN #71377019)

Price History

Date / Event Date Event Price
Jul 11, 2012 Sold
Premium
Sold
May 3, 2012 Listed by Olde Towne Realty $89,000
Listed by Olde Towne Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PLACE HOME SITES
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 85500028
  • Parcel: SPRI S:08550 P:0028
  • Municipality: SPRINGFIELD
  • Latitude: 42.1347
  • Longitude: -72.5641

    Address

  • Full Address: 126 Merida St
  • Address - House Number: 126
  • Address - Street Name: Merida
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2929
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $268,200

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 220,262
  • High Value: 268,122
  • Low Value: 172,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,300
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $122,600

    Sales

  • Current Sale Recording Date: Jul 11, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
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 East Springfield

Stats & Trends

Median Asking:

$282,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1411 ft²

Average Home Age

79.3 years

Currently For Sale

17 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71377019

Frequently Asked Questions

When was property at 126 Merida Street built and last sold?
The property at 126 Merida Street was built in 1948 and last sold on Jan 1, 1970 for $83,500.
How much is this home worth?
The estimated value of the home located at 126 Merida Street is $95,662.
What are some comparable homes to 126 Merida Street?
There are currently no comparable homes to 126 Merida Street.
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