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Springfield 01107 Memorial Square
2335 Main Street
$65,000
● House - Off Market

2335 Main Street

Springfield, MA 01107
bedrooms
7 Beds
bathrooms
0 Bath, 2 Half Baths
square feet
5,838 Ft²
$111,055
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

Bring your imagination and return this beautiful brick Victorian to it's original state!  The home offers a possible 7 bedrooms.  The first floor offers a living room and parlor with pocket doors and fireplaces.  Cash or rehab financing would be necessary to make this home shine.  Smoke/co certificate will be Buyers responsibility.
Unit Size
5,838 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$9
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1896

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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 #71475533)

Price History

Date / Event Date Event Price
Apr 16, 2013 Sold
Premium
Sold
Jan 24, 2013 Listed by Dot Lortie Realty / Landmark $55,000
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,913
  • Total Building Area: 3,608
  • Gross Building Area: 3,608
  • Building Area: 3,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: 800800

Zoning

  • Zoning: B1

Geography

  • Account Number: 81300460
  • Parcel: SPRI S:08130 P:0460
  • Municipality: SPRINGFIELD
  • Latitude: 42.1112
  • Longitude: -72.6025

    Address

  • Full Address: 2335 Main St
  • Address - House Number: 2335
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1907
  • Zip Code: 01107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $460,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 67
  • Final Value: 914,733
  • High Value: 1,064,168
  • Low Value: 765,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,100
  • Assessed Land Value: $22,800
  • Assessed Improvements Value: $247,300

    Sales

  • Current Sale Recording Date: Apr 16, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23031
  • Previous Sale Recording Date: Apr 16, 2013
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: O
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 Memorial Square

Stats & Trends

Median Asking:

$434,900

Sale Price/ft²

$125

Below Asking

0.01%

Average Days on Market

78

Average Home Size

2519 ft²

Average Home Age

73.6 years

Currently For Sale

5 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71475533

Frequently Asked Questions

When was property at 2335 Main Street built and last sold?
The property at 2335 Main Street was built in 1896 and last sold on Jan 1, 1970 for $65,000.
How much is this home worth?
The estimated value of the home located at 2335 Main Street is $56,424.
What are some comparable homes to 2335 Main Street?
There are currently no comparable homes to 2335 Main Street.
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