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Springfield 01104 East Springfield
23 Georgetown Street
$140,000
● House - Off Market

23 Georgetown Street

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$167,471
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

ADORABLE AND AFFORDABLE RANCH YOU CAN OWN WITH EASE!! Roll up Your Sleeves & Grab Your ToolBox! House needs some updates! One level living BOASTING Hardwood Flooring & Celling Fans providing comfort thru out! Original, Solid Kitchen! Plenty of sunshine comes thru the bay window in the living room! Screened in side porch overlooks a huge deck outback great for bbq's and entertaining family or friends! Manageable sized yard offers shed for storage! Partially finished basement! Across St James is Marshall Roy Park and Minutes to Rte 291! Will not go FHA or VA - NEED CASH, REHAB, OR CONVENTIONAL FINANCING DUE TO THE CONDITION OF THE PROPERTY.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$189
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #72833339)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 17, 2021 Listed by Skinner Real Estate Services $144,900
Listed by Skinner Real Estate Services

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,757
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 832
  • 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: 56100026
  • Parcel: SPRI S:05610 P:0026
  • Municipality: SPRINGFIELD
  • Latitude: 42.1365
  • Longitude: -72.5647

    Address

  • Full Address: 23 Georgetown St
  • Address - House Number: 23
  • Address - Street Name: Georgetown
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2905
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $265,600

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 216,931
  • High Value: 264,066
  • Low Value: 169,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,800
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $121,400

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47753
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

56

Average Home Size

1332 ft²

Average Home Age

78.7 years

Currently For Sale

16 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: 5 years ago
Data Source: MLS PIN, MLS# 72833339

Frequently Asked Questions

When was property at 23 Georgetown Street built and last sold?
The property at 23 Georgetown Street was built in 1958 and last sold on Jul 9, 2021 for $140,000.
How much is this home worth?
The estimated value of the home located at 23 Georgetown Street is $0.
What are some comparable homes to 23 Georgetown Street?
There are currently no comparable homes to 23 Georgetown Street.
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