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Springfield 01128 Sixteen Acres
1698 Parker St
Photo of 1698 Parker St

1

Map

$155,000
● House - Off Market

1698 Parker St

Springfield, MA 01128
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$1,030
Est. Monthly

About This Property

Must see beautiful Cape on over 1/2 acre in Sixteen Acres. In 2007 new roof, siding, windows, custom jacuzzi bath & lavatory, full shed & front dormers added. Lovely LR w/fplc & 2 hutches, lrg DR w/wainscot, heated Den/SunRm leading to TREX deck. New 2nd flr office/skylit, Spacious MBR w/walk-in closet. Much hrdwd flrs, cent-air & sec. system. Rec.Rm w/pergo flr. Walkout to patio & great grounds, dog pen fenced yard; abutts woods for privacy. Near mall & all amenties
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$109
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1950

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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: 3 months ago (MLSPIN #71210290)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Feb 8, 2023 In contract -
In contract
Jun 21, 2022 Listed by Jean Doel & Associates $299,900
Listed by Jean Doel & Associates
Jan 31, 2013 Sold
Premium
Sold
Dec 21, 2012 Listed by Jean Doel & Associates $95,000
Listed by Jean Doel & Associates
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 26,332
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000604
  • 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: 801605

Zoning

  • Zoning: R6

Geography

  • Account Number: 95100826
  • Parcel: SPRI S:09510 P:0826
  • Municipality: SPRINGFIELD
  • Latitude: 42.1001
  • Longitude: -72.4947

    Address

  • Full Address: 1698 Parker St
  • Address - House Number: 1698
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1251
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,500

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 317,051
  • High Value: 380,429
  • Low Value: 253,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,600
  • Assessed Land Value: $64,700
  • Assessed Improvements Value: $191,900

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Feb 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9093
  • Previous Sale Recording Date: Jan 31, 2013
  • Previous Sale Amount: $126,500
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1345 ft²

Average Home Age

57.1 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71210290

Frequently Asked Questions

When was property at 1698 Parker Street built and last sold?
The property at 1698 Parker Street was built in 1950 and last sold on Feb 28, 2023 for $295,000.
How much is this home worth?
The estimated value of the home located at 1698 Parker Street is $298,813.
What are some comparable homes to 1698 Parker Street?
There are currently no comparable homes to 1698 Parker Street.
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