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Springfield 01109 McKnight
163 Bowles St
$260,000
● House - Off Market

163 Bowles St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,833 Ft²
$280,604
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

1-Year Warranty included!! Gorgeous inside! Welcome home to this beautifully renovated Colonial located in the heart of Springfield's most significant neighborhood, Hill Mcknight! From a newer roof, siding, and porches to updated plumbing, electrical, and more... You will be impressed with the elegance and charm of this home, from its gleaming hardwood floors to its voluminous ceiling heights! Your guests will enjoy the grand Foyer entrance while you show off your large living and dining room combo that flows right into your trendy kitchen (backsplash will be installed before closing). 163 Bowles Street is perfect for all of your family's needs while providing ample space with 3 fully renovated levels of living space. Seller is offering a $2,500 holdback at closing for the completion of the 1st floor bathroom.
Unit Size
1,833 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$144
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1911

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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 #73036584)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Nov 1, 2022 In contract -
In contract
Sep 27, 2022 No longer available -
No longer available
Sep 27, 2022 Relisted $264,500
Relisted
Sep 15, 2022 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 3,115
  • Total Building Area: 1,988
  • Gross Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • 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: 801300

Zoning

  • Zoning: R2

Geography

  • Account Number: 16920017
  • Parcel: SPRI S:01692 P:0017
  • Municipality: SPRINGFIELD
  • Latitude: 42.116
  • Longitude: -72.5664

    Address

  • Full Address: 163 Bowles St
  • Address - House Number: 163
  • Address - Street Name: Bowles
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3503
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 275,817
  • High Value: 299,804
  • Low Value: 251,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,900
  • Assessed Land Value: $20,500
  • Assessed Improvements Value: $208,400

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75031
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Aug 13, 2021
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: O
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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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# 73036584

Frequently Asked Questions

When was property at 163 Bowles Street built and last sold?
The property at 163 Bowles Street was built in 1911 and last sold on Dec 22, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 163 Bowles Street is $254,798.
What are some comparable homes to 163 Bowles Street?
There are currently no comparable homes to 163 Bowles Street.
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