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Springfield 01104 Liberty Heights
243 Naismith St
$328,000
● House - Off Market

243 Naismith St

Springfield, MA 01104
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,232 Ft²
$477,796
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

BRAND NEW BUILD IN 2016. This fabulous one owner home is move-in ready. Everything is in good condition. This home offers 4 bedrooms, 2.5 baths, insulated basement, 2 car garage, granite countertop, stainless steel appliances and a large island in the kitchen. The home offers a beautiful living room with the gas fireplace. Master bedroom has an attached full bathroom. The home is located in the quite newly developed neighbourhood and only less than 15 minutes drive to downtown Springfield and newly opened MGM Casino and Resort.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$146
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
2016

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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: 6 months ago (MLSPIN #72407181)

Price History

Date / Event Date Event Price
Sep 5, 2019 Sold
Premium
Sold
Oct 8, 2018 Listed by Keller Williams Realty $326,000
Listed by Keller Williams Realty
Dec 27, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 7,684
  • Total Building Area: 2,232
  • Gross Building Area: 2,232
  • Building Area: 2,232
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 89140305
  • Parcel: SPRI S:08914 P:0305
  • Municipality: SPRINGFIELD
  • Latitude: 42.1378
  • Longitude: -72.5738

    Address

  • Full Address: 243 Naismith St
  • Address - House Number: 243
  • Address - Street Name: Naismith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 3749
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,200

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 419,206
  • High Value: 501,609
  • Low Value: 336,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,000
  • Assessed Land Value: $34,600
  • Assessed Improvements Value: $317,400

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 219415
  • Previous Sale Recording Date: Dec 27, 2016
  • Previous Sale Amount: $280,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1632 ft²

Average Home Age

94 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72407181

Frequently Asked Questions

When was property at 243 Naismith Street built and last sold?
The property at 243 Naismith Street was built in 2016 and last sold on Aug 30, 2019 for $328,000.
How much is this home worth?
The estimated value of the home located at 243 Naismith Street is $335,495.
What are some comparable homes to 243 Naismith Street?
There are currently no comparable homes to 243 Naismith Street.
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