$120,000
●
Multifamily -
Off Market
1663 Dwight St
Springfield, MA 01107
7 Beds
3 Baths
3,155 Ft²
$275,558
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model
About This Property
Renovated two family with third floor in great area
across from Lincoln Elementary school and near BayState Hospital !
This home has brand new electric meters and new 100 amp panels,
efficient new gas heat, new wiring, renovated apartments, New roof,
updated and renovated throughout ! Excellent cash flow !! Own a
great multi family and live RENT FREE ! First and second
floors are vacant for new owners !
Unit Size
3,155 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$41
Property Type
Multifamily
Property Taxes
$177
HOA Dues
-
Year Built
1899
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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 years ago (MLSPIN #71360601)
Price History
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Paved Drive, Off Street, On Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Gas Water Heater, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Vinyl, Carpet
Rooms: 16
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 6
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Conventional (2x4-2x6)
Patio and Porch Features: Porch
Lead Paint: Certified Treated
Lot Features: Corner Lot
Lot Size Area: 0.11
Lot Size Units: Acres
Lot Size Acres: 0.11
Zoning: R2
Parcel Number: S:04222 P:0213, 2582278
Water Source: Public
Financial Details
Tax Assessed Value: $109,100
Tax Annual Amount: $2,126
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Dryer
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/02/2012
| |
7 Bed
|
3 Bath
|
3155 ft²
|
$128,000
7 Bed
3 Bath
3155 ft²
|
$120,000
-6.25%
12/05/2012
|
David Roffo
Prime Real Estate
|
|
06/12/2009
| |
4 Bed
|
3 Bath
|
3155 ft²
|
$134,900
4 Bed
3 Bath
3155 ft²
|
$135,700
+0.59%
07/10/2009
|
Amal Ardolino
Berkshire Hathaway HomeServices Realty Professionals
|
|
03/12/2008
| |
4 Bed
|
3 Bath
|
3155 ft²
|
$72,900
4 Bed
3 Bath
3155 ft²
|
$65,100
-10.70%
10/30/2008
|
Anthony Ardolino
Berkshire Hathaway HomeServices Realty Professionals
|
|
11/10/2005
| |
4 Bed
|
4 Bath
|
3259 ft²
|
$179,900
4 Bed
4 Bath
3259 ft²
|
$168,000
-6.61%
12/22/2005
|
Anthony Campiti
AC Realty Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017