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Springfield 01119 Sixteen Acres
164 Prouty St
$275,000
● House - Off Market

164 Prouty St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$258,293
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Hola! Nicely maintained vinyl sided home. First floor offers good size living room with  brick fireplace, built in shelves and large bow window. Eat-in kitchen with open wall for view of bright formal dining room. First floor Bedroom with double closet. Plus half bath. Upstairs we have two good size bedrooms with plenty of closet space and full bath. Nice wood floors thru -out home. Vinyl windows. Clean basement with lots of possibilities. Updated heat system. Circuit breakers. Washer dryer hook ups and storage room . Great fenced-in yard with extra large deck and storage shed. Showings begin at Open House Sunday June 11th between 1:30 - 3:30pm
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$181
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1969

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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 #73120842)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jun 24, 2023 In contract -
In contract
Jun 21, 2023 Relisted $259,000
Relisted
Jun 16, 2023 Delisted -
Delisted
Jun 15, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 10,498
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 99600038
  • Parcel: SPRI S:09960 P:0038
  • Municipality: SPRINGFIELD
  • Latitude: 42.1207
  • Longitude: -72.5042

    Address

  • Full Address: 164 Prouty St
  • Address - House Number: 164
  • Address - Street Name: Prouty
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2527
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $379,500

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 294,793
  • High Value: 356,478
  • Low Value: 233,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,600
  • Assessed Land Value: $49,700
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35494
  • Previous Sale Recording Date: Aug 29, 2022
  • Previous Sale Contract Date: Aug 29, 2022
  • Previous Sale Amount: $235,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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# 73120842

Frequently Asked Questions

When was property at 164 Prouty Street built and last sold?
The property at 164 Prouty Street was built in 1969 and last sold on Jul 31, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 164 Prouty Street is $269,457.
What are some comparable homes to 164 Prouty Street?
There are currently no comparable homes to 164 Prouty Street.
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