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Springfield 01104 Liberty Heights
141 Freeman Terrace
$115,000
● House - Off Market

141 Freeman Terrace

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$173,576
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

Run don't walk to this one! Move in condition, this darling home offers refinished hardwood floors, new ARCH ROOF 2016, replacement windows, vinyl siding and updated kitchen & appliances!  Finished basement with HUGE finished space offering tile floor and closet would make a fantastic family room, guest area or office/den depending on buyers needs. Want Dogs? Yard is completely fenced in with great storage shed and above ground swimming pool! Security system, shed, freshly painted interior, newer lighting, brand new front door railings & refinished hardwoods make this one a "steal" being offered for under 110K. Commuting? This great neighborhood is just minutes to 291 and sits directly across from the park. Easy to show, quick closing possible! Call for appointment before its gone!
Unit Size
720 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$151
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1950

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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 #72197015)

Price History

Date / Event Date Event Price
Sep 15, 2017 Sold
Premium
Sold
Jul 12, 2017 Listed by Real Living Realty Professionals, LLC $109,000
Listed by Real Living Realty Professionals, LLC
Apr 19, 2007 Sold
Premium
Sold
Mar 14, 2007 Sold
Premium
Sold
Sep 30, 2006 Listed by Real Living Realty Professionals, LLC $84,500
Listed by Real Living Realty Professionals, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,173
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 53900021
  • Parcel: SPRI S:05390 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.1243
  • Longitude: -72.5785

    Address

  • Full Address: 141 Freeman Ter
  • Address - House Number: 141
  • Address - Street Name: Freeman
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2560
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $288,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 259,211
  • High Value: 304,801
  • Low Value: 213,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,200
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $137,200

    Sales

  • Current Sale Recording Date: Sep 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54580
  • Previous Sale Recording Date: Mar 14, 2007
  • Previous Sale Amount: $82,500
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72197015

Frequently Asked Questions

When was property at 141 Freeman Terrace built and last sold?
The property at 141 Freeman Terrace was built in 1950 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 141 Freeman Terrace is $114,111.
What are some comparable homes to 141 Freeman Terrace?
There are currently no comparable homes to 141 Freeman Terrace.
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