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Springfield 01119 Sixteen Acres
1292 Parker St
$125,000
● House - Off Market

1292 Parker St

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
2 Baths
square feet
994 Ft²
$190,613
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Welcome to 1292 Parker St! This 2 bed 1.5 bath  raised ranch is located in the central Springfield area. Home comes equipped with a good sized rooms, a spacious kitchen, a full basement for extra living space and a spacious backyard. Located close to local amenities and the downtown Springfield area. In need of some updates but with a little TLC, this home will shine bright again!
Unit Size
994 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$131
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1987

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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 #72503261)

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold
Premium
Sold
May 18, 2019 Listed by Agnelli Real Estate, LLC $130,000
Listed by Agnelli Real Estate, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 12,615
  • Total Building Area: 1,494
  • Gross Building Area: 1,494
  • Building Area: 1,494
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,494
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 95100649
  • Parcel: SPRI S:09510 P:0649
  • Municipality: SPRINGFIELD
  • Latitude: 42.1133
  • Longitude: -72.499

    Address

  • Full Address: 1292 Parker St
  • Address - House Number: 1292
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1081
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 275,483
  • High Value: 334,799
  • Low Value: 216,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,100
  • Assessed Land Value: $50,700
  • Assessed Improvements Value: $178,400

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46889
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Apr 19, 2019
  • Previous Sale Amount: $111,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72503261

Frequently Asked Questions

When was property at 1292 Parker Street built and last sold?
The property at 1292 Parker Street was built in 1987 and last sold on Aug 15, 2019 for $125,000.
How much is this home worth?
The estimated value of the home located at 1292 Parker Street is $136,713.
What are some comparable homes to 1292 Parker Street?
There are currently no comparable homes to 1292 Parker Street.
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