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Springfield 01119 Boston Road
20 Wallace St
$209,000
● House - Off Market

20 Wallace St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$221,725
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome Home! This cozy ranch style home with its curb appeal is ready for a new owner! This home offers an open floor plan with 3 bedrooms and 1 full bathroom. A bonus room off the 3rd bedroom can be used as a closet or office space.  Updated kitchen that includes appliances and freshly painted walls and new flooring through out!  Step out back into a nice-sized fenced in backyard. Only thing left to do is pack your bags and move in! Highest and best by noon on Monday (10-3).
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$166
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1952

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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 #73040220)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Oct 4, 2022 Withdrawn -
Withdrawn
Sep 22, 2022 Listed by William Raveis Team 413 $209,000
Listed by William Raveis Team 413
Jul 26, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by William Raveis Team 413 $149,900
Listed by William Raveis Team 413

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 801503

Zoning

  • Zoning: R1

Geography

  • Account Number: 119450004
  • Parcel: SPRI S:11945 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.137
  • Longitude: -72.5151

    Address

  • Full Address: 20 Wallace St
  • Address - House Number: 20
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C038
  • 4-Digit Zip Code: 1632
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $268,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 230,465
  • High Value: 280,285
  • Low Value: 180,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,400
  • Assessed Land Value: $38,900
  • Assessed Improvements Value: $118,500

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73827
  • Previous Sale Recording Date: Jul 26, 2022
  • Previous Sale Contract Date: Jul 26, 2022
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: 35
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 Boston Road

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1360 ft²

Average Home Age

72.2 years

Currently For Sale

6 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73040220

Frequently Asked Questions

When was property at 20 Wallace Street built and last sold?
The property at 20 Wallace Street was built in 1952 and last sold on Dec 16, 2022 for $209,000.
How much is this home worth?
The estimated value of the home located at 20 Wallace Street is $216,494.
What are some comparable homes to 20 Wallace Street?
There are currently no comparable homes to 20 Wallace Street.
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