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Springfield 01104 East Springfield
2448 Roosevelt Ave
$150,000
● House - Off Market

2448 Roosevelt Ave

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$223,777
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Move right in!! This beautifully renovated home is move-in ready!! New granite kitchen and stainless steel appliances with new ceramic tile flooring. The bathroom is also ceramic tiled and completely new. 3 bedrooms all feature hardwood floors. This vinyl sided home has all brand new windows for added efficiency. Newer furnace and roof. The one car detached garage has a very nice screened porch for added pleasure. Washer and Dryer are included.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$162
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1959

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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 #72291476)

Price History

Date / Event Date Event Price
Jul 20, 2018 Sold
Premium
Sold
Mar 9, 2018 Listed by LAER Realty Partners $147,900
Listed by LAER Realty Partners
Oct 17, 2017 Sold
Premium
Sold
Sep 26, 2017 Listed by LAER Realty Partners $94,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,319
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 103600353
  • Parcel: SPRI S:10360 P:0353
  • Municipality: SPRINGFIELD
  • Latitude: 42.1442
  • Longitude: -72.5554

    Address

  • Full Address: 2448 Roosevelt Ave
  • Address - House Number: 2448
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 1640
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 244,348
  • High Value: 288,318
  • Low Value: 200,379

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,900
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $141,800

    Sales

  • Current Sale Recording Date: Jul 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42210
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Amount: $85,500
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1332 ft²

Average Home Age

78.7 years

Currently For Sale

16 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72291476

Frequently Asked Questions

When was property at 2448 Roosevelt Avenue built and last sold?
The property at 2448 Roosevelt Avenue was built in 1959 and last sold on Jan 1, 1970 for $150,000.
How much is this home worth?
The estimated value of the home located at 2448 Roosevelt Avenue is $152,200.
What are some comparable homes to 2448 Roosevelt Avenue?
There are currently no comparable homes to 2448 Roosevelt Avenue.
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