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Springfield 01129 Sixteen Acres
1569 Parker St
$100,000
● House - Off Market

1569 Parker St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$232,003
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

THREE BEDROOM ONE BATHROOM RANCH WITH OVER 1000 SQUARE FEET OF LIVING SPACE. PRIVATE BACK YARD WITH PATIO OFF THE BACK. THIS HOME HAS  PLENTY OF OFF STREET PARKING THIS IS A FANNIE MAE HOMEPATH PROPERTY. THIS HOME CAN BE PURCHASED WITH AS LITTLE AS 3% DOWN. THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$111
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1960

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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 #71476072)

Price History

Date / Event Date Event Price
Apr 12, 2013 Sold
Premium
Sold
Jan 25, 2013 Listed by Century 21 A-1 Nolan Realty $114,900
Listed by Century 21 A-1 Nolan Realty
Nov 16, 2009 Sold
Premium
Sold
Oct 9, 2009 Listed $136,000
Listed
Super convenient location for this updated charming ranch. Offers 3bdrms with gleaming hdwd flrs,1 updated bath w tile flr and wd work. The spacious kitchen has new vinyl tile flooring and new counter top,cooktop and sink, many wood cabinets and a large din. area. Enjoy the large liv.rm with hardwood flrs, f plc,large full bow window. Full walkout base. add.liv space w fplc+Picture wndw. C'air,gas ht, newer vinyl siding,roof, wndws. Priv.lovely yd w gorgeous stone walls. Move in cond. Must see

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 10,620
  • Total Building Area: 1,032
  • Gross Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000244
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 95101226
  • Parcel: SPRI S:09510 P:1226
  • Municipality: SPRINGFIELD
  • Latitude: 42.1044
  • Longitude: -72.496

    Address

  • Full Address: 1569 Parker St
  • Address - House Number: 1569
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1040
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $339,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 276,750
  • High Value: 326,550
  • Low Value: 226,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,000
  • Assessed Land Value: $57,500
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Recording Date: Apr 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Apr 01, 2013
  • Previous Sale Amount: $119,091
  • Previous Sale Document Type: 34
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 Sixteen Acres

Stats & Trends

Median Asking:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71476072

Frequently Asked Questions

When was property at 1569 Parker Street built and last sold?
The property at 1569 Parker Street was built in 1960 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 1569 Parker Street is $125,889.
What are some comparable homes to 1569 Parker Street?
There are currently no comparable homes to 1569 Parker Street.
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