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Springfield 01129 Sixteen Acres
1391 Parker St
$112,000
● House - Off Market

1391 Parker St

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,132 Ft²
$275,574
RealtyHop Estimate
129.84%
Since Dec 1, 2011
National-US
Primary Model

About This Property

Lovely renovated  ranch offers an interior with all hardwood floors, newer kitchen, updated bath, nice mud rm area.  All rooms in this home are so spacious you wouldn't believe it!  Warm and cozy living rm with fireplace, freshly painted throughout, updated electrical panel, replacement windows, newer heating system, (APO). Nice, private yard, fenced in and biggest bonus-potential living space in walk up attic & walk out basement.
Unit Size
1,132 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$106
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1956

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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 #71243763)

Price History

Date / Event Date Event Price
Oct 28, 2011 Sold
Premium
Sold
Jun 6, 2011 Listed by Real Living Realty Professionals, LLC $119,900
Listed by Real Living Realty Professionals, LLC
Feb 3, 2011 Sold
Premium
Sold
Sep 14, 2010 Listed by Real Living Realty Professionals, LLC $65,000
Listed by Real Living Realty Professionals, LLC
Dec 29, 2004 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,864
  • Total Building Area: 1,132
  • Gross Building Area: 1,132
  • Building Area: 1,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,132
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000249
  • 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: 95101277
  • Parcel: SPRI S:09510 P:1277
  • Municipality: SPRINGFIELD
  • Latitude: 42.1098
  • Longitude: -72.4986

    Address

  • Full Address: 1391 Parker St
  • Address - House Number: 1391
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1008
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $317,000

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 271,918
  • High Value: 330,467
  • Low Value: 213,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,900
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $128,300

    Sales

  • Current Sale Recording Date: Oct 28, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: Feb 03, 2011
  • Previous Sale Amount: $69,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71243763

Frequently Asked Questions

When was property at 1391 Parker Street built and last sold?
The property at 1391 Parker Street was built in 1956 and last sold on Jan 1, 1970 for $112,000.
How much is this home worth?
The estimated value of the home located at 1391 Parker Street is $126,364.
What are some comparable homes to 1391 Parker Street?
There are currently no comparable homes to 1391 Parker Street.
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