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Springfield 01104 East Springfield
229 Arthur St
Photo of 229 Arthur St
Sold on Dec 10, 2004

1

Map

$115,000
● House - Off Market

229 Arthur St

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$232,619
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

Near Chic line, 2 Bedroom expandable Cape offers completely new bathroom w/pedestal sink & ceramic tile, new vinyl siding, new replacement windows on 1st floor, new countertop, double sink & disposal in Kitchen, newer roof and some new plumbing in basement. Unfinished 2nd floor could be a possible 3rd large Bedroom. Kit appliance remain as well as the washer.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$167
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1943

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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 #70105023)

Price History

Date / Event Date Event Price
Dec 10, 2004 Sold
Premium
Sold
Oct 14, 2004 Listed $119,900
Listed
Sep 17, 2004 Sold
Premium
Sold
Jul 21, 2004 Listed $79,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,748
  • Total Building Area: 720
  • Gross Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 3

    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: 6600043
  • Parcel: SPRI S:00660 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.1453
  • Longitude: -72.5679

    Address

  • Full Address: 229 Arthur St
  • Address - House Number: 229
  • 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: $268,400

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 223,874
  • High Value: 270,986
  • Low Value: 176,761

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,400
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $123,000

    Sales

  • Current Sale Recording Date: Dec 10, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15511
  • Previous Sale Recording Date: Sep 17, 2004
  • Previous Sale Amount: $75,000
  • 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 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# 70105023

Frequently Asked Questions

When was property at 229 Arthur Street built and last sold?
The property at 229 Arthur Street was built in 1943 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 229 Arthur Street is $123,689.
What are some comparable homes to 229 Arthur Street?
There are currently no comparable homes to 229 Arthur Street.
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