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Springfield 01109 Pine Point
195 Riverton Rd
$260,000
● House - Off Market

195 Riverton Rd

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,499 Ft²
$1,604
Est. Monthly

About This Property

Super location, peaceful and private setting at end of the street, yet easy access to highways and all local amenities. House was totally renovated in 2018: roof, siding, electrical, plumbing, kitchen, bath, windows, doors, flooring. Open floor plan, large bright eat in kitchen. Stainless steel appliances. Large living room with fireplace. 2 bedrooms, bathroom and a large laundry / storage room on first floor. Second floor is one large room that could easily be split into 2 rooms. Detached garage. Partially fenced in side yard. Playset will remain for buyers. Freshly painted. Nothing to do but move in!  See attachments for floorplan. Come check out this terrific property.
Unit Size
1,499 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$176
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1948

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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 #73207358)

Price History

Date / Event Date Event Price
May 1, 2024 Sold
Premium
Sold
Mar 19, 2024 In contract -
In contract
Mar 15, 2024 Relisted $137,000
Relisted
Mar 6, 2024 In contract -
In contract
Mar 1, 2024 Listed by MA Homes, LLC $264,000
Listed by MA Homes, LLC
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 760
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,604
  • Total Building Area: 1,499
  • Gross Building Area: 1,499
  • Building Area: 1,499
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,499
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 102800038
  • Parcel: SPRI S:10280 P:0038
  • Municipality: SPRINGFIELD
  • Latitude: 42.1206
  • Longitude: -72.5296

    Address

  • Full Address: 195 Riverton Rd
  • Address - House Number: 195
  • Address - Street Name: Riverton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1836
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $369,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 273,592
  • High Value: 297,491
  • Low Value: 249,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,400
  • Assessed Land Value: $29,100
  • Assessed Improvements Value: $187,300

    Sales

  • Current Sale Recording Date: Nov 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65769
  • Previous Sale Recording Date: Feb 20, 2009
  • Previous Sale Amount: $31,500
  • 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 Pine Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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: 4 months ago
Data Source: MLS PIN, MLS# 73207358

Frequently Asked Questions

When was property at 195 Riverton Road built and last sold?
The property at 195 Riverton Road was built in 1948 and last sold on Jan 1, 1970 for $137,000.
How much is this home worth?
The estimated value of the home located at 195 Riverton Road is $256,438.
What are some comparable homes to 195 Riverton Road?
There are currently no comparable homes to 195 Riverton Road.
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