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Springfield 01119 Sixteen Acres
24 Kathleen St
$275,000
● House - Off Market

24 Kathleen St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
912 Ft²
$1,658
Est. Monthly

About This Property

Updated ranch in desirable sixteen acres neighborhood!  3 bedrooms, 2 full baths with the potential for a 4th bedroom in the finished basement.  Very quiet street with huge fenced in back yard.  Updated kitchen with granite countertops, stainless steel appliances, maple cabinets and large island that opens to the living room.  Brand new roof (March 2020), updated baths and gleaming hardwood floors.  Central air for those hot New England summers and a large deck off the kitchen which includes a natural gas hook up for your grill.  Finished basement with large walk-in cedar closet, full bath, family room, laundry room and potential 4th bedroom.  Too many features to list!  This is a must see!!
Unit Size
912 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$296
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1971

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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 months ago (MLSPIN #73200108)

Price History

Date / Event Date Event Price
May 1, 2024 Sold
Premium
Sold
Mar 6, 2024 In contract -
In contract
Feb 7, 2024 Listed by Gallagher Real Estate $269,990
Listed by Gallagher Real Estate
Jun 25, 2020 Sold
Premium
Sold
May 14, 2020 Listed by Gallagher Real Estate $199,900
Listed by Gallagher Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 18,805
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000432
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 71840005
  • Parcel: SPRI S:07184 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.1244
  • Longitude: -72.5096

    Address

  • Full Address: 24 Kathleen St
  • Address - House Number: 24
  • Address - Street Name: Kathleen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2221
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $397,800

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 276,183
  • High Value: 299,974
  • Low Value: 252,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,300
  • Assessed Land Value: $53,400
  • Assessed Improvements Value: $179,900

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33353
  • Previous Sale Recording Date: Oct 25, 2004
  • Previous Sale Amount: $155,000
  • Previous 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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1345 ft²

Average Home Age

57.1 years

Currently For Sale

27 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73200108

Frequently Asked Questions

When was property at 24 Kathleen Street built and last sold?
The property at 24 Kathleen Street was built in 1971 and last sold on Jun 24, 2020 for $224,000.
How much is this home worth?
The estimated value of the home located at 24 Kathleen Street is $264,515.
What are some comparable homes to 24 Kathleen Street?
There are currently no comparable homes to 24 Kathleen Street.
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