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Springfield 01109 Pine Point
1424 Bay St
$246,500
● House - Off Market

1424 Bay St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
988 Ft²
$1,464
Est. Monthly

About This Property

This super cute Cape is all you've been looking for! This move-in ready 3 bedroom home has been freshly painted and new flooring throughout. New kitchen with granite counter top and stainless steel appliances. New Bathroom. The living room has a fireplace to keep warm and cozy in the up coming cold weather. The walk up attic could add additional living space! New roof, new siding, new furnace, new central air. A garage is a great feature to have for storage and keeping the snow off your car. The seller is motivated to sell!
Unit Size
988 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$253
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1931

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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 #73295649)

Price History

Date / Event Date Event Price
Feb 5, 2025 Sold
Premium
Sold
Dec 20, 2024 In contract -
In contract
Nov 1, 2024 Price Decreased $249,900
↓ $8K (2.9%)
Price Decreased
Oct 25, 2024 Price Increased $257,400
↑ $8K (3%)
Price Increased
Sep 26, 2024 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $249,900
Listed by Kempf-Vanderburgh Realty Consultants, Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • 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: 4
  • Exterior Walls Type: 18
  • 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: 216
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,820
  • Total Building Area: 888
  • Gross Building Area: 888
  • Building Area: 888
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 888
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000088
  • 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: 801502

Zoning

  • Zoning: R1

Geography

  • Account Number: 10850179
  • Parcel: SPRI S:01085 P:0179
  • Municipality: SPRINGFIELD
  • Latitude: 42.1316
  • Longitude: -72.5365

    Address

  • Full Address: 1424 Bay St
  • Address - House Number: 1424
  • Address - Street Name: Bay
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1604
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $257,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 174,402
  • High Value: 189,570
  • Low Value: 159,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,900
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $122,600

    Sales

  • Current Sale Recording Date: Feb 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 100802
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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1379 ft²

Average Home Age

86.9 years

Currently For Sale

29 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73295649

Frequently Asked Questions

When was property at 1424 Bay Street built and last sold?
The property at 1424 Bay Street was built in 1931 and last sold on Jan 1, 1970 for $81,000.
How much is this home worth?
The estimated value of the home located at 1424 Bay Street is $250,955.
What are some comparable homes to 1424 Bay Street?
There are currently no comparable homes to 1424 Bay Street.
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