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Springfield 01104 East Springfield
223 Arthur St
$132,500
● House - Off Market

223 Arthur St

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$198,214
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

This immaculate 2 Bedroom Colonial, with its arts and crafts flare, in East Springfield by the Chicopee line is everything you could hope for. The first floor features a great Living Room, Dining Room, Kitchen all with laminate floors as well as a Bedroom and Office.  The second floor boasts a Master Bedroom Suite with a Full Bathroom and Bonus Room that would make for a great large walk in closet.  Basement is partially finished to provide a large family room.  Situated on a pretty tree lined dead end street with a lovely fenced lot. Home that has been truly loved and well cared for is the one you don't want to miss!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$127
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1922

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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: 5 months ago (MLSPIN #72278840)

Price History

Date / Event Date Event Price
Mar 30, 2018 Sold
Premium
Sold
Feb 7, 2018 Listed by Sears Real Estate, Inc. $128,000
Listed by Sears Real Estate, Inc.
Aug 25, 2009 Sold
Premium
Sold
Jun 28, 2009 Listed by Sears Real Estate, Inc. $124,900
Listed by Sears Real Estate, Inc.
Oct 26, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 120
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,748
  • Total Building Area: 994
  • Gross Building Area: 994
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 994
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 6600044
  • Parcel: SPRI S:00660 P:0044
  • Municipality: SPRINGFIELD
  • Latitude: 42.1452
  • Longitude: -72.5678

    Address

  • Full Address: 223 Arthur St
  • Address - House Number: 223
  • Address - Street Name: Arthur
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 1400
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $276,400

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 228,611
  • High Value: 276,721
  • Low Value: 180,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,100
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $127,700

    Sales

  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16596
  • Previous Sale Recording Date: Aug 25, 2009
  • Previous Sale Amount: $126,900
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1338 ft²

Average Home Age

79.9 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: 5 months ago
Data Source: MLS PIN, MLS# 72278840

Frequently Asked Questions

When was property at 223 Arthur Street built and last sold?
The property at 223 Arthur Street was built in 1922 and last sold on Jan 1, 1970 for $132,500.
How much is this home worth?
The estimated value of the home located at 223 Arthur Street is $137,696.
What are some comparable homes to 223 Arthur Street?
There are currently no comparable homes to 223 Arthur Street.
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