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Springfield 01109 Pine Point
241 Pheland Street
Photo of 241 Pheland Street
Sold on Nov 22, 2005

1

Map

$132,500
● House - Off Market

241 Pheland Street

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$232,860
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

Walk to WNEC, shopping and bus stop from this charming Cape located on a side street near Balliet Elementary and Duggan Middle schools.  Home offers vinyl siding, replacement windows, newer shed, fencing, spacious back yard, hardwood floors, newer carpeting and circuit breakers.  Furnace, hot water heater and disposal are newer.  Basement is partially finished.  Property shows well.  Seller is motivated!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$121
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1948

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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 #70245216)

Price History

Date / Event Date Event Price
Nov 22, 2005 Sold
Premium
Sold
Aug 19, 2005 Listed $135,000
Listed
Oct 25, 2002 Sold
Premium
Sold
Mar 9, 1999 Sold
Premium
Sold
Dec 29, 1998 Listed $49,900
Listed
BANK OWNED 6 ROOM CAPE WITH 3 BEDROOMS & FORMAL DINING ROOM. HARDWOOD FLOORS AND WALL TO WALL. NICE LARGE YARD WITH SHED & GAS HEAT. BASEMENT EASILY FINISHED OFF. GREAT LOCATION. CLOSE TO ALL AMENITIES. EASY TO SHOW.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,299
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: 96700069
  • Parcel: SPRI S:09670 P:0069
  • Municipality: SPRINGFIELD
  • Latitude: 42.1225
  • Longitude: -72.5275

    Address

  • Full Address: 241 Pheland St
  • Address - House Number: 241
  • Address - Street Name: Pheland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1319
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 272,613
  • High Value: 332,662
  • Low Value: 212,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,700
  • Assessed Land Value: $30,600
  • Assessed Improvements Value: $195,100

    Sales

  • Current Sale Recording Date: Nov 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 152159
  • Previous Sale Recording Date: Oct 25, 2002
  • Previous Sale Amount: $89,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1394 ft²

Average Home Age

90.1 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 70245216

Frequently Asked Questions

When was property at 241 Pheland Street built and last sold?
The property at 241 Pheland Street was built in 1948 and last sold on Jan 1, 1970 for $132,500.
How much is this home worth?
The estimated value of the home located at 241 Pheland Street is $141,731.
What are some comparable homes to 241 Pheland Street?
There are currently no comparable homes to 241 Pheland Street.
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