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Springfield 01104 East Springfield
157 Russell Street
$155,000
● House - Off Market

157 Russell Street

Springfield, MA 01104
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$226,803
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Adorable cape a "stones throw" from the Chicopee border! Many major items updated for buyer enjoyment; (APO) newer roof, newer furnace, newer appliances, and newer bathroom. Make this property your home with some "elbow grease", paint, and some cosmetic updates. Second floor has 2 bedrooms (tandem) or could be transitioned to a master suite. The yard is fenced in and boasts a nice size shed for storage. Make your appointment to view and then submit an offer...
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$134
Property Type
House
Property Taxes
$189
HOA Dues
-
Year Built
1943

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72325883)

Price History

Date / Event Date Event Price
Jul 26, 2018 Sold
Premium
Sold
May 13, 2018 Listed by Benton Real Estate Company $149,900
Listed by Benton Real Estate Company
May 11, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • 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: 4
  • 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: 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: 4,748
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 104650060
  • Parcel: SPRI S:10465 P:0060
  • Municipality: SPRINGFIELD
  • Latitude: 42.1436
  • Longitude: -72.5679

    Address

  • Full Address: 157 Russell St
  • Address - House Number: 157
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1426
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $303,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 250,708
  • High Value: 305,183
  • Low Value: 196,233

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,800
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $143,400

    Sales

  • Current Sale Recording Date: Jul 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43354
  • Previous Sale Recording Date: May 11, 1988
  • Previous Sale Amount: $79,900
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1319 ft²

Average Home Age

81.7 years

Currently For Sale

18 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# 72325883

Frequently Asked Questions

When was property at 157 Russell Street built and last sold?
The property at 157 Russell Street was built in 1943 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 157 Russell Street is $156,411.
What are some comparable homes to 157 Russell Street?
There are currently no comparable homes to 157 Russell Street.
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