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Springfield 01109 Pine Point
23 Preston St
$256,280
● House - Off Market

23 Preston St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,274 Ft²
$1,494
Est. Monthly

About This Property

I'm home!!  That's what you'll think as soon as you step into this wonderfully updated property.  Step into a bright open living room with full sized windows and plenty of space to entertain.  Next you'll enjoy a nice modern kitchen with granite counters and stainless steel appliances and more space to entertain.  Still not enough space?  Enjoy a wonderful three season porch off the kitchen full of light and ready for almost any use you need.  On top of all this you will enjoy a nice two car garage and large back yard to play in, four nice sized bedrooms and two full baths so you're never in anyone's way and even 1st floor laundry!!!  Nothing to do but move in to this gem and it won't last long.  Don't miss this one!!!
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$192
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1926

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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 #73194825)

Price History

Date / Event Date Event Price
Apr 16, 2024 Sold
Premium
Sold
Mar 18, 2024 In contract -
In contract
Jan 18, 2024 Listed by BKaye Realty $245,000
Listed by BKaye Realty
Jun 7, 2019 Sold
Premium
Sold
Mar 19, 2019 Listed by BKaye Realty $169,900
Listed by BKaye Realty
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 726
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,274
  • Gross Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 99100022
  • Parcel: SPRI S:09910 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.1259
  • Longitude: -72.5356

    Address

  • Full Address: 23 Preston St
  • Address - House Number: 23
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 1721
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,700
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 252,276
  • High Value: 274,354
  • Low Value: 230,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,500
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Jun 07, 2019
  • Current Sale Recording Date: Jun 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30263
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Pine Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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# 73194825

Frequently Asked Questions

When was property at 23 Preston Street built and last sold?
The property at 23 Preston Street was built in 1926 and last sold on Jun 7, 2019 for $165,000.
How much is this home worth?
The estimated value of the home located at 23 Preston Street is $243,041.
What are some comparable homes to 23 Preston Street?
There are currently no comparable homes to 23 Preston Street.
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