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Springfield 01104 Liberty Heights
215 Drexel St
$225,000
● House - Off Market

215 Drexel St

Springfield, MA 01104
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$297,260
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

ROOM FOR A GROWING FAMILY!! This home is perfect for a buyer who needs an in-law/unit.Each floor has possible 2 Large,kitchens total, 4 total bedrms & 2 full baths.Family room on 2nd flr could be 5th bedrm with 2 closets.The finished basement is ideal for hosting gatherings. An Oversized 2 car garage has another garage door in for riding mower! Great place to entertain or just have fun in the summer-above ground pool,oversized deck & large cleared yard for outdoor activities. ***  CDC guidelines will have to be followed regarding masks ECT....
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$115
Property Type
House
Property Taxes
$301
HOA Dues
-
Year Built
1954

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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 #72683632)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Jul 1, 2020 Listed by Lion's Head Real Estate Group $219,900
Listed by Lion's Head Real Estate Group
Apr 3, 2009 Sold
Premium
Sold
Oct 10, 2008 Listed by Lion's Head Real Estate Group $162,900
Listed by Lion's Head Real Estate Group

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 14,728
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000338
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 41000061
  • Parcel: SPRI S:04100 P:0061
  • Municipality: SPRINGFIELD
  • Latitude: 42.1303
  • Longitude: -72.5747

    Address

  • Full Address: 215 Drexel St
  • Address - House Number: 215
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2021
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,200

    Appraisal Valuation

  • Standard Deviation: 0.1993
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 307,106
  • High Value: 368,317
  • Low Value: 245,895

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,500
  • Assessed Land Value: $36,600
  • Assessed Improvements Value: $199,900

    Sales

  • Current Sale Contract Date: Sep 17, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53238
  • Previous Sale Recording Date: Apr 03, 2009
  • Previous Sale Amount: $162,900
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1869 ft²

Average Home Age

93.6 years

Currently For Sale

34 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72683632

Frequently Asked Questions

When was property at 215 Drexel Street built and last sold?
The property at 215 Drexel Street was built in 1954 and last sold on Sep 17, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 215 Drexel Street is $221,473.
What are some comparable homes to 215 Drexel Street?
There are currently no comparable homes to 215 Drexel Street.
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