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Springfield 01109 Old Hill
127 Eastern Ave
$220,000
● House - Off Market

127 Eastern Ave

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,367 Ft²
$1,230
Est. Monthly

About This Property

Welcome to this stunning colonial home, situated on a spacious corner lot. This charming home is conveniently located near colleges, schools, restaurants, parks, highways and other amenities. The first floor boasts a large living room and formal dining room, a spacious kitchen, as well as a full bathroom and a bedroom. Upstairs, you'll find three additional bedrooms and a second large full bathroom.This home has been recently updated with a new water heater in 2022 and the front steps were redone earlier this year.Don't miss out on the opportunity to make this beautiful house your home! Schedule your showing today!
Unit Size
1,367 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$161
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1912

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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 #73176503)

Price History

Date / Event Date Event Price
Jan 18, 2024 Sold
Premium
Sold
Nov 30, 2023 In contract -
In contract
Nov 1, 2023 Listed by Century 21 AllPoints Realty $219,900
Listed by Century 21 AllPoints Realty
Dec 17, 2007 Sold
Premium
Sold
Sep 25, 2007 Listed by Century 21 AllPoints Realty $89,900
Listed by Century 21 AllPoints Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,528
  • Total Building Area: 1,367
  • Gross Building Area: 1,367
  • Building Area: 1,367
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,367
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • 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: 43250142
  • Parcel: SPRI S:04325 P:0142
  • Municipality: SPRINGFIELD
  • Latitude: 42.1072
  • Longitude: -72.563

    Address

  • Full Address: 127 Eastern Ave
  • Address - House Number: 127
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 3637
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $179,900

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 224,212
  • High Value: 243,711
  • Low Value: 204,712

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,500
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $84,700

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2461
  • Previous Sale Recording Date: Dec 17, 2007
  • Previous Sale Amount: $89,900
  • 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 Old Hill

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2164 ft²

Average Home Age

119.8 years

Currently For Sale

5 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# 73176503

Frequently Asked Questions

When was property at 127 Eastern Avenue built and last sold?
The property at 127 Eastern Avenue was built in 1912 and last sold on Jan 18, 2024 for $220,000.
How much is this home worth?
The estimated value of the home located at 127 Eastern Avenue is $215,877.
What are some comparable homes to 127 Eastern Avenue?
There are currently no comparable homes to 127 Eastern Avenue.
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