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Springfield 01109 McKnight
198 Florida St
$182,500
● House - Off Market

198 Florida St

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,160 Ft²
$287,857
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Charming character can be found in this historic gem with fantastic original woodwork throughout. Three floors of finished space and a clean basement and garage carriage house to boot. Boasting potential for 5 bedrooms, along with 2 porches and an outer deck area, this home has much room for quiet enjoyment in one of the most attractive neighborhoods in Springfield. New roof installed last October. Utica boiler is 4 years old. Clean, updated electrical. Carriage house has second level with already partially finished space perfect for an office or rec room.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$88
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72313260)

Price History

Date / Event Date Event Price
Jun 19, 2018 Sold
Premium
Sold
Apr 23, 2018 Listed by MacMillan Group, LLC $189,900
Listed by MacMillan Group, LLC
May 24, 2012 Sold
Premium
Sold
Jan 7, 2012 Listed by MacMillan Group, LLC $97,500
Listed by MacMillan Group, LLC

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 196
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,299
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 52200038
  • Parcel: SPRI S:05220 P:0038
  • Municipality: SPRINGFIELD
  • Latitude: 42.1156
  • Longitude: -72.5768

    Address

  • Full Address: 198 Florida St
  • Address - House Number: 198
  • Address - Street Name: Florida
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 4007
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $413,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 298,914
  • High Value: 364,756
  • Low Value: 233,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,500
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $219,800

    Sales

  • Current Sale Recording Date: Jun 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34133
  • Previous Sale Recording Date: May 24, 2012
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: O
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 McKnight

Stats & Trends

Median Asking:

$299,999

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3649 ft²

Average Home Age

126.5 years

Currently For Sale

11 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

Unit for rent at 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72313260

Frequently Asked Questions

When was property at 198 Florida Street built and last sold?
The property at 198 Florida Street was built in 1900 and last sold on Jan 1, 1970 for $182,500.
How much is this home worth?
The estimated value of the home located at 198 Florida Street is $186,906.
What are some comparable homes to 198 Florida Street?
There are currently no comparable homes to 198 Florida Street.
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