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Springfield 01104 Liberty Heights
246 Connecticut Ave
$275,000
● House - Off Market

246 Connecticut Ave

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,452 Ft²
$279,770
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This well cared for colonial is the one! The curb appeal alone will have you ready to move right in. Located in the sought after Gleenwood area, and close to the Chicopee line. Relax on the front porch, or head on in through the front door where you will find a spacious living area with a cozy fireplace. Attached to the living room is a bonus room which could be used as an office. From the living room, go into the open dining area and kitchen which is perfect for entertaining. Upstairs you will find 3 bedrooms and a full bathroom. Walk out to the back deck through the dining area and enjoy a covered patio area and garden area in the large fenced yard. Roof replaced in 2008, steam boiler replaced in 2014. New windows, electrical panel, kitchen appliances all replaced last year! Dual deed Lot!
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$185
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1923

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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 #73021895)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Aug 5, 2022 Listed by Lock and Key Realty Inc. $269,000
Listed by Lock and Key Realty Inc.
Aug 29, 2014 Sold
Premium
Sold
Jun 18, 2014 Listed by Lock and Key Realty Inc. $154,000
Listed by Lock and Key Realty Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 152
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,452
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 31300050
  • Parcel: SPRI S:03130 P:0050
  • Municipality: SPRINGFIELD
  • Latitude: 42.1303
  • Longitude: -72.5888

    Address

  • Full Address: 246 Connecticut Ave
  • Address - House Number: 246
  • Address - Street Name: Connecticut
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 1014
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2581
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 283,056
  • High Value: 356,124
  • Low Value: 209,987

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,300
  • Assessed Land Value: $33,500
  • Assessed Improvements Value: $202,800

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57485
  • Previous Sale Recording Date: Aug 29, 2014
  • Previous Sale Amount: $156,500
  • Previous Sale Document Type: 71
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

$198

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1862 ft²

Average Home Age

89.9 years

Currently For Sale

37 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73021895

Frequently Asked Questions

When was property at 246 Connecticut Avenue built and last sold?
The property at 246 Connecticut Avenue was built in 1923 and last sold on Sep 23, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 246 Connecticut Avenue is $270,235.
What are some comparable homes to 246 Connecticut Avenue?
There are currently no comparable homes to 246 Connecticut Avenue.
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