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Springfield 01109 McKnight
187 Marion
Photo of 187 Marion

1

Map

$64,500
● House - Off Market

187 Marion

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,819 Ft²
$453
Est. Monthly

About This Property

Priced right to sell.  Excellent condition, newer vinyl windows, roof, H2o tank, furnace (per owner).  Natural wood trimming and built ins.  Move right in.
Unit Size
1,819 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$35
Property Type
House
Property Taxes
$136
HOA Dues
-
Year Built
1907

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71161693)

Price History

Date / Event Date Event Price
Apr 21, 2016 Sold
Premium
Sold
Dec 8, 2015 Listed by Century 21 Hometown Associates $75,000
Listed by Century 21 Hometown Associates
Oct 20, 2011 Sold
Premium
Sold
Nov 10, 2010 Listed by Century 21 Hometown Associates $64,500
Listed by Century 21 Hometown Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1907
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 147
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,645
  • Total Building Area: 1,819
  • Gross Building Area: 1,819
  • Building Area: 1,819
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,819
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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: 801300

Zoning

  • Zoning: R2

Geography

  • Account Number: 82700027
  • Parcel: SPRI S:08270 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.1167
  • Longitude: -72.5657

    Address

  • Full Address: 187 Marion St
  • Address - House Number: 187
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3532
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 221,032
  • High Value: 269,719
  • Low Value: 172,345

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,100
  • Assessed Land Value: $22,400
  • Assessed Improvements Value: $124,700

    Sales

  • Current Sale Recording Date: Apr 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22167
  • Previous Sale Recording Date: Oct 20, 2011
  • Previous Sale Amount: $66,000
  • 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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.03%

Average Days on Market

64

Average Home Size

2973 ft²

Average Home Age

125.8 years

Currently For Sale

9 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# 71161693

Frequently Asked Questions

When was property at 187 Marion Street built and last sold?
The property at 187 Marion Street was built in 1907 and last sold on Jan 1, 1970 for $74,000.
How much is this home worth?
The estimated value of the home located at 187 Marion Street is $85,768.
What are some comparable homes to 187 Marion Street?
There are currently no comparable homes to 187 Marion Street.
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