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Springfield 01119 Pine Point
247 Arnold Avenue
$100,000
● House - Off Market

247 Arnold Avenue

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$246,290
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model

About This Property

A GREAT FAMILY HOME!REASONABLY PRICED.YOU'LL LOVE THIS 5RM 3BDRM, VINYL SIDED RANCH, W/1 CAR GARAGE.ONLY 10YRS YOUNG, NICE FENCED YARD, QUIET FAMILY NEIGHBORHOOD,WARM AND COZY, INSIDE AND OUT!STILL TIME TO PLANT YOUR SPRING FLOWERS!
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$92
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992

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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 #30622560)

Price History

Date / Event Date Event Price
Oct 29, 2003 Sold
Premium
Sold
Jun 30, 2003 Listed by RE/MAX Teamwork Realty $134,900
Listed by RE/MAX Teamwork Realty
Sep 4, 2002 Sold
Premium
Sold
Jul 3, 2002 Listed by RE/MAX Teamwork Realty $100,000
Listed by RE/MAX Teamwork Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,246
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD
  • Land Acres: 0000000189
  • 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: 6500077
  • Parcel: SPRI S:00650 P:0077
  • Municipality: SPRINGFIELD
  • Latitude: 42.1281
  • Longitude: -72.5224

    Address

  • Full Address: 247 Arnold Ave
  • Address - House Number: 247
  • Address - Street Name: Arnold
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1464
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,900

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 294,167
  • High Value: 357,872
  • Low Value: 230,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,000
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Recording Date: Oct 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16002
  • Previous Sale Recording Date: Sep 04, 2002
  • Previous Sale Amount: $100,000
  • 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:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1379 ft²

Average Home Age

86.9 years

Currently For Sale

29 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: 5 months ago
Data Source: MLS PIN, MLS# 30622560

Frequently Asked Questions

When was property at 247 Arnold Avenue built and last sold?
The property at 247 Arnold Avenue was built in 1992 and last sold on Jan 1, 1970 for $131,000.
How much is this home worth?
The estimated value of the home located at 247 Arnold Avenue is $140,369.
What are some comparable homes to 247 Arnold Avenue?
There are currently no comparable homes to 247 Arnold Avenue.
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