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Springfield 01109 McKnight
141 Sherman St
$122,800
● House - Off Market

141 Sherman St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,835 Ft²
$176,881
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

In the Hill - Mcknight Area, This 1800+SF, Great Family -- Conveniently Located Home has a 1st floor Bedroom, Updated kitchen with Gas stove, Dining room that opens up to the Living room, a Half Bathroom, and Hardwood floors. Take your pick of walking up the front or the back staircase to get to: 3 nice-sized Bedrooms, 2 of which have Large Walk-in Closets, and Two Full sized Bathrooms. Also, this home includes: A full sized Basement, Gas furnace approximately a year old, Gas Hot Water tank, Electrical panel with approximately 7+ empty spaces to add breakers, a freshly Painted wrap around front porch, and a 3 to 4 car garage. Be sure to add this home to your list to see.
Unit Size
1,835 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$65
Property Type
House
Property Taxes
$160
HOA Dues
-
Year Built
1890

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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 #72415650)

Price History

Date / Event Date Event Price
May 15, 2019 Sold
Premium
Sold
Oct 25, 2018 Listed by Keller Williams Realty $119,900
Listed by Keller Williams Realty
Jul 30, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 9
  • Basement Area: 143
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,135
  • Total Building Area: 1,835
  • Gross Building Area: 1,835
  • Building Area: 1,835
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,835
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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: 801300

Zoning

  • Zoning: R2

Geography

  • Account Number: 108050037
  • Parcel: SPRI S:10805 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.1148
  • Longitude: -72.5677

    Address

  • Full Address: 141 Sherman St
  • Address - House Number: 141
  • Address - Street Name: Sherman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 3516
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $248,900

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 124,944
  • High Value: 146,885
  • Low Value: 103,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,000
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $123,200

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24961
  • Previous Sale Recording Date: Jul 30, 2004
  • Previous Sale Amount: $92,000
  • 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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 72415650

Frequently Asked Questions

When was property at 141 Sherman Street built and last sold?
The property at 141 Sherman Street was built in 1890 and last sold on May 2, 2019 for $122,800.
How much is this home worth?
The estimated value of the home located at 141 Sherman Street is $128,135.
What are some comparable homes to 141 Sherman Street?
There are currently no comparable homes to 141 Sherman Street.
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