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Springfield 01109 McKnight
188 Florida St
$47,000
● House - Off Market

188 Florida St

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,720 Ft²
$105,051
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model

About This Property

Agents!! $1,000 Bonus if under contract by 3/15/10 and closing by 4/30/2010.  AwesomeVictorian style home! Bank Owned/FreddieMac home. Features, fenced yard, 3 fireplaces, huge kitchen with granite countertops. Finish this home and it will be a gem!! All Offers must have proof of fund/Pre-Approval letter. All Purchase and Sales/Bank addendums must be returned within 72 hours with Cashiers check and NO CHANGES!
Unit Size
3,720 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$13
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1912

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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 #71032633)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Feb 21, 2021 Listed by Universal Real Estate Services, Inc. $245,000
Listed by Universal Real Estate Services, Inc.
Jun 15, 2010 Sold
Premium
Sold
Feb 13, 2010 Listed by Universal Real Estate Services, Inc. $49,900
Listed by Universal Real Estate Services, Inc.
Aug 28, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 202
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 3,132
  • Gross Building Area: 3,132
  • Building Area: 3,132
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,132
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: R1

Geography

  • Account Number: 52200037
  • Parcel: SPRI S:05220 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.1155
  • Longitude: -72.5766

    Address

  • Full Address: 188 Florida St
  • Address - House Number: 188
  • Address - Street Name: Florida
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 4007
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 313,105
  • High Value: 377,070
  • Low Value: 249,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,800
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24255
  • Previous Sale Recording Date: Jun 15, 2010
  • Previous Sale Amount: $47,000
  • 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

0.02%

Average Days on Market

66

Average Home Size

3337 ft²

Average Home Age

114.1 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

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: 4 months ago
Data Source: MLS PIN, MLS# 71032633

Frequently Asked Questions

When was property at 188 Florida Street built and last sold?
The property at 188 Florida Street was built in 1912 and last sold on Apr 9, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 188 Florida Street is $240,514.
What are some comparable homes to 188 Florida Street?
There are currently no comparable homes to 188 Florida Street.
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