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Springfield 01119 Pine Point
162 Gresham Street
Photo of 162 Gresham Street
Sold on Feb 29, 2008

1

Map

$187,500
● House - Off Market

162 Gresham Street

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$351,377
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

Newer four bedroom Colonial with two full baths and attached garage.  Full basement studded and insulated just waiting for you to finish.  Immaculately kept, move right in.  Motivated seller.
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$127
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
2005

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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: 5 months ago (MLSPIN #70667548)

Price History

Date / Event Date Event Price
Mar 3, 2008 Sold
Premium
Sold
Oct 22, 2007 Listed $189,900
Listed
Nov 5, 2004 Sold
Premium
Sold
Sep 28, 2004 Listed $159,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5,001
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,492
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,492
  • Heating Fuel Type: 6

    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: 60700030
  • Parcel: SPRI S:06070 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.1282
  • Longitude: -72.5248

    Address

  • Full Address: 162 Gresham St
  • Address - House Number: 162
  • Address - Street Name: Gresham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1471
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $492,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 328,423
  • High Value: 394,469
  • Low Value: 262,377

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,800
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $255,900

    Sales

  • Current Sale Recording Date: Mar 03, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12655
  • Previous Sale Recording Date: Nov 05, 2004
  • Previous Sale Amount: $159,900
  • 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 Pine Point

Stats & Trends

Median Asking:

$298,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1435 ft²

Average Home Age

86 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 70667548

Frequently Asked Questions

When was property at 162 Gresham Street built and last sold?
The property at 162 Gresham Street was built in 2005 and last sold on Jan 1, 1970 for $187,500.
How much is this home worth?
The estimated value of the home located at 162 Gresham Street is $198,635.
What are some comparable homes to 162 Gresham Street?
There are currently no comparable homes to 162 Gresham Street.
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