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Springfield 01151 Indian Orchard
194 Centre St
$175,900
● House - Off Market

194 Centre St

Springfield, MA 01151
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,916 Ft²
$241,785
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This is a must see! This affordable 3 bedroom, 1 bath home has lots of potential. It is situated on a double, fully fenced in lot. The detached oversized 2 car garage and attached carport just add to allure. Between the expansive yard and the first floor space, it is perfect for entertaining! Relax on the screened in porch, or in the large, open living room and dining room. The pantry and large mudroom are just added perks! Head upstairs where you'll find 3 spacious bedrooms to call your own. T
Unit Size
1,916 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$86
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #72520395)

Price History

Date / Event Date Event Price
Aug 8, 2019 Sold
Premium
Sold
Jun 18, 2019 Listed by Rovithis Realty, LLC $164,900
Listed by Rovithis Realty, LLC
Mar 28, 2016 Sold
Premium
Sold
Nov 2, 2015 Listed by Rovithis Realty, LLC $67,900
Listed by Rovithis Realty, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 319
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,281
  • Total Building Area: 2,020
  • Gross Building Area: 2,020
  • Building Area: 2,020
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,020
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • 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: 800102

Zoning

  • Zoning: R2

Geography

  • Account Number: 25700013
  • Parcel: SPRI S:02570 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1601
  • Longitude: -72.5009

    Address

  • Full Address: 194 Centre St
  • Address - House Number: 194
  • Address - Street Name: Centre
  • Address - Suffix Type: St
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C006
  • 4-Digit Zip Code: 1114
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,800

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 258,789
  • High Value: 281,295
  • Low Value: 236,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,600
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $191,800

    Sales

  • Current Sale Contract Date: Jul 24, 2019
  • Current Sale Recording Date: Aug 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44609
  • Previous Sale Recording Date: Mar 28, 2016
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 71
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 Indian Orchard

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$202

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1936 ft²

Average Home Age

103.3 years

Currently For Sale

22 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72520395

Frequently Asked Questions

When was property at 194 Centre Street built and last sold?
The property at 194 Centre Street was built in 1900 and last sold on Jul 24, 2019 for $175,900.
How much is this home worth?
The estimated value of the home located at 194 Centre Street is $174,874.
What are some comparable homes to 194 Centre Street?
There are currently no comparable homes to 194 Centre Street.
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