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Springfield 01128 Sixteen Acres
1939 Parker Street
$220,000
● House - Off Market

1939 Parker Street

Springfield, MA 01128
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,873 Ft²
$378,558
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Builders take notice!! Private location on the East Longmeadow/Springfield line. 4 bedroom Cape with possibility of 2 conceptual lots on Parker St. A serene spot on top of a hill overlooking 5+ acres. A true gem offered for the first time since 1952. A lovingly maintained brick Cape with 2 bedrooms and a full bath on each floor. One bedroom would make a great study or home office. A one car attached garage and a walk-out basement with a fireplace make this home three full floors of living potential. Additional 2 car detached garage on back of property.  Lovingly maintained home!
Unit Size
1,873 Ft²
Days on Market
-
Land Size
5.64 acres
Price per sqft
$120
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1941

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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: 4 months ago (MLSPIN #71985862)

Price History

Date / Event Date Event Price
Dec 9, 2016 Sold
Premium
Sold
Apr 10, 2016 Listed by Keller Williams Realty $225,000
Listed by Keller Williams Realty
Nov 2, 1998 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 245,678
  • Total Building Area: 1,873
  • Gross Building Area: 1,873
  • Building Area: 1,873
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,873
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005640
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 95101041
  • Parcel: SPRI S:09510 P:1041
  • Municipality: SPRINGFIELD
  • Latitude: 42.0915
  • Longitude: -72.4893

    Address

  • Full Address: 1939 Parker St
  • Address - House Number: 1939
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1225
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,000
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 373,502
  • High Value: 443,283
  • Low Value: 303,721

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,700
  • Assessed Land Value: $96,500
  • Assessed Improvements Value: $213,200

    Sales

  • Current Sale Recording Date: Dec 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73869
  • Previous Sale Recording Date: Nov 02, 1998
  • Previous Sale Amount: $46,666
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71985862

Frequently Asked Questions

When was property at 1939 Parker Street built and last sold?
The property at 1939 Parker Street was built in 1941 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 1939 Parker Street is $237,881.
What are some comparable homes to 1939 Parker Street?
There are currently no comparable homes to 1939 Parker Street.
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