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Springfield 01151 Indian Orchard
197 Pasco Rd
$132,000
● House - Off Market

197 Pasco Rd

Springfield, MA 01151
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,807 Ft²
$234,781
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

DO NOT DRIVE BY! HUGE HOOME WITH LARGE ROOMS, 4 WALK-IN CLOSETS, FRONT TO BACK LIVING ROOM, 1ST FLOOR LAUNDRY. ENCLOSED PORCH OFF MASTER BEDROOM OPENS TO PRIVATE BALCONY! FENCED YARD. APPLIANCES INCLUDED!!
Unit Size
1,807 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$72
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1913

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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 #70155897)

Price History

Date / Event Date Event Price
May 25, 2005 Sold
Premium
Sold
Mar 10, 2005 Listed by RE/MAX Teamwork Realty $130,000
Listed by RE/MAX Teamwork Realty
Apr 30, 1999 Sold
Premium
Sold
Mar 16, 1999 Listed by RE/MAX Teamwork Realty $64,500
Listed by RE/MAX Teamwork Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 12
  • 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: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,724
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 1,808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,808
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000131
  • 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: 800101

Zoning

  • Zoning: R1

Geography

  • Account Number: 95400185
  • Parcel: SPRI S:09540 P:0185
  • Municipality: SPRINGFIELD
  • Latitude: 42.1498
  • Longitude: -72.5039

    Address

  • Full Address: 197 Pasco Rd
  • Address - House Number: 197
  • Address - Street Name: Pasco
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C009
  • 4-Digit Zip Code: 1932
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $244,300

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 253,683
  • High Value: 309,026
  • Low Value: 198,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,300
  • Assessed Land Value: $33,800
  • Assessed Improvements Value: $109,500

    Sales

  • Current Sale Recording Date: May 25, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 113918
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $62,250
  • 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 Indian Orchard

Stats & Trends

Median Asking:

$307,500

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1768 ft²

Average Home Age

92.1 years

Currently For Sale

15 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# 70155897

Frequently Asked Questions

When was property at 197 Pasco Road built and last sold?
The property at 197 Pasco Road was built in 1913 and last sold on Jan 1, 1970 for $132,000.
How much is this home worth?
The estimated value of the home located at 197 Pasco Road is $141,508.
What are some comparable homes to 197 Pasco Road?
There are currently no comparable homes to 197 Pasco Road.
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