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Springfield 01104 Liberty Heights
238 Merrimac Ave
Photo of 238 Merrimac Ave
Sold on Nov 7, 2025

37

Map

Photo of 238 Merrimac Ave
Photo of 238 Merrimac Ave
$265,000
● House - Off Market

238 Merrimac Ave

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
880 Ft²
$1,572
Est. Monthly
10.35%
Cap Rate

About This Property

Lovely vinyl sided ranch filled with natural light, located close to area amenities and schools with an open living room & kitchen floor plan.  Bright and sunny one floor living, with first floor laundry, newer carpet and windows and neutral paint colors.  Nice size bedrooms with a great finished loft space upstairs for storage or a playroom.  All appliances remain for the buyer's enjoyment.  Enjoy the extra large fully fenced in property lot and detached garage.  See it in person at the open houses this week on Thurs 4-6 and Sat 11-12:30.
Unit Size
880 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$295
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1953

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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: 2 years ago (MLSPIN #73437010)

Price History

Date / Event Date Event Price
Nov 7, 2025 Sold
Premium
Sold
Oct 7, 2025 In contract -
In contract
Sep 29, 2025 Listed by Alex Anthony R.E. $259,900
Listed by Alex Anthony R.E.
Oct 16, 2009 Listed by RE/MAX Prestige $123,000
Listed by RE/MAX Prestige
There's Style Galore Through Out This Fantastic Remodeled 5RM, 2BR Ranch with Beam Cathedral Ceiling, Open Floor Plan, Track Lighting & New Everything! Unmatched Quality this Home is Perfectly Designed for Casual Living. First Floor Laundry, Brand New Oak Kitchen, Bath, Windows, Flooring, Electrical, Plumbing, Gas Heating System, Vinyl Exterior & Roof. Plus Finished Second Floor, 1 Car Detached Garage & Oversized Fenced Yard!
Sep 17, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 9
  • Basement Area: 220
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,072
  • Total Building Area: 880
  • Gross Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 85700047
  • Parcel: SPRI S:08570 P:0047
  • Municipality: SPRINGFIELD
  • Latitude: 42.1308
  • Longitude: -72.5733

    Address

  • Full Address: 238 Merrimac Ave
  • Address - House Number: 238
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2038
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $295,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 240,899
  • High Value: 284,248
  • Low Value: 197,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,200
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $138,500

    Sales

  • Current Sale Recording Date: Sep 17, 1987
  • Current Sale Price:
    Premium
  • Current 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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1621 ft²

Average Home Age

93.7 years

Currently For Sale

40 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: 2 years ago
Data Source: MLS PIN, MLS# 73437010

Frequently Asked Questions

When was property at 238 Merrimac Avenue built and last sold?
The property at 238 Merrimac Avenue was built in 1953 and last sold on Jan 1, 1970 for $57,900.
How much is this home worth?
The estimated value of the home located at 238 Merrimac Avenue is $261,464.
What are some comparable homes to 238 Merrimac Avenue?
There are currently no comparable homes to 238 Merrimac Avenue.
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