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Springfield 01129 Sixteen Acres
1349 Parker St
$170,000
● House - Off Market

1349 Parker St

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$291,467
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

SIXTEEN ACRES WATERFRONT home. Roomy well maintained ranch home right on the Pond.  This lovingly cared for home has a large front to back family room overlooking the pond.  The sunsets are amazing.  There are 3 bedrooms, and a dining room with a beautiful bay window.  All rooms except the kitchen feature hardwood flooring. The front of the home has a large living room with a picture window.  There is also finished space in the walk out basement with entry into the 1 car garage.
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$132
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1958

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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 #72059269)

Price History

Date / Event Date Event Price
Feb 17, 2017 Sold
Premium
Sold
Aug 27, 2016 Listed by Coldwell Banker Residential Brokerage - Longmeadow $175,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 11
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 95101288
  • Parcel: SPRI S:09510 P:1288
  • Municipality: SPRINGFIELD
  • Latitude: 42.1112
  • Longitude: -72.499

    Address

  • Full Address: 1349 Parker St
  • Address - House Number: 1349
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1007
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2078
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 289,406
  • High Value: 349,553
  • Low Value: 229,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,600
  • Assessed Land Value: $61,800
  • Assessed Improvements Value: $148,800

    Sales

  • Current Sale Recording Date: Feb 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8906
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

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72059269

Frequently Asked Questions

When was property at 1349 Parker Street built and last sold?
The property at 1349 Parker Street was built in 1958 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 1349 Parker Street is $183,596.
What are some comparable homes to 1349 Parker Street?
There are currently no comparable homes to 1349 Parker Street.
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