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Springfield 01119 Pine Point
148 Gilbert Avenue
$240,000
● House - Off Market

148 Gilbert Avenue

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,318 Ft²
$240,888
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to this beautiful 3-bedroom bungalow here in Springfield. Features skylights in the den and bathroom, open living room and dining room for a spacious feel. The den is cozy and extends the length of the house, complete with a fireplace and gas-fired logs. The third bedroom loft is accessed via an enchanting iron spiral staircase. The kitchen includes an island and appliances like a refrigerator, dishwasher, gas stove, stainless sink, freezer, washer, and dryer in the cellar. The remodeled bathroom boasts a skylight. The rear of the property has a large shed fenced in by a white vinyl fence enclosing the yard. This house offers everything you desire in a new home. Don't miss your chance in making this your next home ! schedule you private Tour Today !
Unit Size
1,318 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$184
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1925

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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 #73125467)

Price History

Date / Event Date Event Price
Sep 18, 2023 Sold
Premium
Sold
Jun 29, 2023 In contract -
In contract
Jun 15, 2023 Listed by Century 21 AllPoints Realty $242,400
Listed by Century 21 AllPoints Realty
Apr 2, 2023 No longer available -
No longer available
Mar 17, 2023 Price Decreased $244,900
↓ $5K (1.8%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • 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: 5,001
  • Total Building Area: 1,318
  • Gross Building Area: 1,318
  • Building Area: 1,318
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,318
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 56500028
  • Parcel: SPRI S:05650 P:0028
  • Municipality: SPRINGFIELD
  • Latitude: 42.1302
  • Longitude: -72.5242

    Address

  • Full Address: 148 Gilbert Ave
  • Address - House Number: 148
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1416
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,600

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 263,374
  • High Value: 286,279
  • Low Value: 240,469

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,900
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $178,000

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43987
  • Previous Sale Recording Date: Aug 15, 2014
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71
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# 73125467

Frequently Asked Questions

When was property at 148 Gilbert Avenue built and last sold?
The property at 148 Gilbert Avenue was built in 1925 and last sold on Sep 15, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 148 Gilbert Avenue is $237,783.
What are some comparable homes to 148 Gilbert Avenue?
There are currently no comparable homes to 148 Gilbert Avenue.
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