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Springfield 01104 Liberty Heights
173 Chapin Terrace
$109,000
● House - Off Market

173 Chapin Terrace

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$232,003
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Priced to Sell. This colonial style home offers a spacious floor plan, with refinished hardwood floors, renovated full bathroom, new hot water tank, fresh paint throughout with a combination of neutral and warm tones.Three season porch for your enjoyment. Location is in close proximity to major highways, hospitals and shopping for your convenience, yet tucked away in well established neighborhood. A BONUS OF $500 to Buyers Agent if property closes by Feb 28, 2013.
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$106
Property Type
House
Property Taxes
$189
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: 6 months ago (MLSPIN #71430784)

Price History

Date / Event Date Event Price
Apr 12, 2013 Sold
Premium
Sold
Sep 5, 2012 Listed by Dot Lortie Realty / Landmark $114,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • 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: 6,016
  • Total Building Area: 1,458
  • Gross Building Area: 1,458
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 26400102
  • Parcel: SPRI S:02640 P:0102
  • Municipality: SPRINGFIELD
  • Latitude: 42.1206
  • Longitude: -72.5978

    Address

  • Full Address: 173 Chapin Ter
  • Address - House Number: 173
  • Address - Street Name: Chapin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1834
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $363,200

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 291,190
  • High Value: 349,929
  • Low Value: 232,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,000
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $184,700

    Sales

  • Current Sale Recording Date: Apr 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000002
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:

$309,950

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1621 ft²

Average Home Age

93.7 years

Currently For Sale

40 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: 6 months ago
Data Source: MLS PIN, MLS# 71430784

Frequently Asked Questions

When was property at 173 Chapin Terrace built and last sold?
The property at 173 Chapin Terrace was built in 1943 and last sold on Jan 1, 1970 for $109,000.
How much is this home worth?
The estimated value of the home located at 173 Chapin Terrace is $122,380.
What are some comparable homes to 173 Chapin Terrace?
There are currently no comparable homes to 173 Chapin Terrace.
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