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Springfield 01128 Sixteen Acres
1971 Parker Street
$170,000
● House - Off Market

1971 Parker Street

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,000 Ft²
$478,906
RealtyHop Estimate
169.05%
Since Sep 1, 2001
National-US
Primary Model

About This Property

NEW CONTEMPORARY HOME ON GENTLE SLOPE WITH GORGEOUS VIEW! PRIVATE ACCESS ROAD & DRIVEWAY TURN-ABOUT ADD PRIVACY & CON- VENIENCE. OPEN FLOOR PLAN. DINING AREA HAS SLIDERS TO DECK. MBR SUITE WITH FULL BATH. 2 CAR ATT.GARAGE. HARDWOOD FLOORS.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$89
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 years ago (MLSPIN #30519468)

Price History

Date / Event Date Event Price
Aug 31, 2001 Sold
Premium
Sold
Jun 29, 2001 Listed $178,000
Listed
Jun 21, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,005
  • Total Building Area: 1,339
  • Gross Building Area: 1,339
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COSGROVE PARK
  • Land Acres: 0000000643
  • 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: 95101024
  • Parcel: SPRI S:09510 P:1024
  • Municipality: SPRINGFIELD
  • Latitude: 42.0913
  • Longitude: -72.4909

    Address

  • Full Address: 1971 Parker St
  • Address - House Number: 1971
  • 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: $501,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 346,898
  • High Value: 409,321
  • Low Value: 284,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,200
  • Assessed Land Value: $65,500
  • Assessed Improvements Value: $228,700

    Sales

  • Current Sale Recording Date: Aug 31, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 21, 2000
  • Previous Sale Amount: $20,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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 years ago
Data Source: MLS PIN, MLS# 30519468

Frequently Asked Questions

When was property at 1971 Parker Street built and last sold?
The property at 1971 Parker Street was built in 2001 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 1971 Parker Street is $0.
What are some comparable homes to 1971 Parker Street?
There are currently no comparable homes to 1971 Parker Street.
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