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Springfield 01129 Sixteen Acres
23 Vincent Street
$200,000
● House - Off Market

23 Vincent Street

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$216,298
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Tan Vinyl Sided Ranch with 6 Rooms, 3 Bedrooms, and 1 Full Bath featuring a Fenced Rear Yard. Seller installed a New Roof and New Carpet. This property is eligible under the Freddie Mac First Look Initiative through 08/26/22. (30 days from List Date). Seller will not allow more for than 10 Days for Inspections. Sold in strictly as-is condition. All offers must have Proof of Funds or Pre-Approval and a min deposit of $1k.
Unit Size
1,140 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$184
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1955

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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 #73017744)

Price History

Date / Event Date Event Price
Mar 20, 2023 Sold
Premium
Sold
Jan 11, 2023 In contract -
In contract
Dec 13, 2022 Relisted $249,900
Relisted
Nov 1, 2022 In contract -
In contract
Oct 25, 2022 Price Decreased $209,900
↓ $10K (4.6%)
Price Decreased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,997
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 25617-A
  • Land Acres: 0000000229
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 118750111
  • Parcel: SPRI S:11875 P:0111
  • Municipality: SPRINGFIELD
  • Latitude: 42.1193
  • Longitude: -72.4975

    Address

  • Full Address: 23 Vincent St
  • Address - House Number: 23
  • Address - Street Name: Vincent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1618
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $255,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1987
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 202,884
  • High Value: 243,201
  • Low Value: 162,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,600
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $94,600

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 233313
  • Previous Sale Recording Date: Dec 01, 2020
  • Previous Sale Contract Date: Nov 13, 2020
  • Previous Sale Amount: $97,750
  • Previous Sale Document Type: 34
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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73017744

Frequently Asked Questions

When was property at 23 Vincent Street built and last sold?
The property at 23 Vincent Street was built in 1955 and last sold on Mar 20, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 23 Vincent Street is $215,610.
What are some comparable homes to 23 Vincent Street?
There are currently no comparable homes to 23 Vincent Street.
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