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Springfield 01104 Liberty Heights
164 Chapin Ter
$59,900
● House - Off Market

164 Chapin Ter

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,157 Ft²
$142,071
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

Great potential, nice location, great handyman's project.  This is a Fannie Mae HomePath property.   Purchase this propety for as little as 3% down. Fannie Mae is offering up to 3.5% closing cost incentive. Ask your agent for details
Unit Size
1,157 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$54
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1943

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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 #71276329)

Price History

Date / Event Date Event Price
Oct 28, 2011 Sold
Premium
Sold
Sep 26, 2011 Sold
Premium
Sold
Aug 17, 2011 Listed by Hanson Realty $62,500
Listed by Hanson Realty
Dec 10, 2004 Sold
Premium
Sold
Aug 4, 2004 Listed by Hanson Realty $124,900
Listed by Hanson Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,425
  • Total Building Area: 1,157
  • Gross Building Area: 1,157
  • Building Area: 1,157
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,157
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAYFAIR MANOR
  • Land Acres: 0000000147
  • 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: 800500

Zoning

  • Zoning: R1

Geography

  • Account Number: 26400036
  • Parcel: SPRI S:02640 P:0036
  • Municipality: SPRINGFIELD
  • Latitude: 42.121
  • Longitude: -72.5984

    Address

  • Full Address: 164 Chapin Ter
  • Address - House Number: 164
  • Address - Street Name: Chapin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1835
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,200

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 257,455
  • High Value: 313,396
  • Low Value: 201,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,100
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $164,700

    Sales

  • Current Sale Recording Date: Sep 26, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Previous Sale Recording Date: Dec 10, 2004
  • Previous Sale Amount: $122,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1869 ft²

Average Home Age

93.6 years

Currently For Sale

34 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71276329

Frequently Asked Questions

When was property at 164 Chapin Terrace built and last sold?
The property at 164 Chapin Terrace was built in 1943 and last sold on Jan 1, 1970 for $127,373.
How much is this home worth?
The estimated value of the home located at 164 Chapin Terrace is $77,413.
What are some comparable homes to 164 Chapin Terrace?
There are currently no comparable homes to 164 Chapin Terrace.
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