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Springfield 01109 Bay
1396 Roosevelt Ave
Photo of 1396 Roosevelt Ave
Sold on Jul 25, 2005

1

Map

$120,000
● House - Off Market

1396 Roosevelt Ave

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,662 Ft²
$229,577
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

You'll enjoy the convenient location, the very spacious 7 rooms 4 bedrooms 2 baths. Great back yard space, Ideal for large family gatherings, picnic, cookouts, etc.  Much potentional in the partially finished basement.  Great value. Seller offering a $3000.00 credit back toward carpets, bath updates, livrm window and furnace.  If a brand new home is not quite in your budget, here's a great option!
Unit Size
1,662 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$78
Property Type
House
Property Taxes
$128
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 #70189956)

Price History

Date / Event Date Event Price
Jul 25, 2005 Sold
Premium
Sold
May 11, 2005 Listed $130,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 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: 8,403
  • Total Building Area: 1,663
  • Gross Building Area: 1,663
  • Building Area: 1,663
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 801401

Zoning

  • Zoning: R1

Geography

  • Account Number: 103600208
  • Parcel: SPRI S:10360 P:0208
  • Municipality: SPRINGFIELD
  • Latitude: 42.1213
  • Longitude: -72.5526

    Address

  • Full Address: 1396 Roosevelt Ave
  • Address - House Number: 1396
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C043
  • 4-Digit Zip Code: 2420
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $330,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 264,003
  • High Value: 322,155
  • Low Value: 205,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,000
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $162,800

    Sales

  • Current Sale Recording Date: Jul 25, 2005
  • Current Sale Price:
    Premium
  • Current 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 Bay

Stats & Trends

Median Asking:

$318,000

Sale Price/ft²

$164

Above Asking

98.43%

Average Days on Market

76

Average Home Size

2157 ft²

Average Home Age

88.2 years

Currently For Sale

11 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70189956

Frequently Asked Questions

When was property at 1396 Roosevelt Avenue built and last sold?
The property at 1396 Roosevelt Avenue was built in 1948 and last sold on Jan 1, 1970 for $120,000.
How much is this home worth?
The estimated value of the home located at 1396 Roosevelt Avenue is $138,967.
What are some comparable homes to 1396 Roosevelt Avenue?
There are currently no comparable homes to 1396 Roosevelt Avenue.
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