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Springfield 01119 Pine Point
248 Arnold
$162,500
● House - Off Market

248 Arnold

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,028 Ft²
$302,168
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

Very well kept home with a fenced yard. A new storage shed. A deck to the kitchen, all wood cabinets with matching island. Wall to wall carpet & vinyle flooring Lg master BR, with his and hers closets, lots of closets space and 2 full baths W/D.
Unit Size
1,028 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$160
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1994

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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 #70119834)

Price History

Date / Event Date Event Price
Apr 29, 2005 Sold
Premium
Sold
Nov 22, 2004 Listed by New Millennium Realty Company $164,900
Listed by New Millennium Realty Company
Mar 31, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 531
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,028
  • Gross Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 6500049
  • Parcel: SPRI S:00650 P:0049
  • Municipality: SPRINGFIELD
  • Latitude: 42.1281
  • Longitude: -72.5229

    Address

  • Full Address: 248 Arnold Ave
  • Address - House Number: 248
  • Address - Street Name: Arnold
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1465
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,000

    Appraisal Valuation

  • Standard Deviation: 0.2467
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 261,553
  • High Value: 326,083
  • Low Value: 197,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,800
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $191,300

    Sales

  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 26413
  • Previous Sale Recording Date: Mar 31, 1994
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: 43
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:

$294,950

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1388 ft²

Average Home Age

87.5 years

Currently For Sale

24 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: 6 months ago
Data Source: MLS PIN, MLS# 70119834

Frequently Asked Questions

When was property at 248 Arnold Avenue built and last sold?
The property at 248 Arnold Avenue was built in 1994 and last sold on Jan 1, 1970 for $162,500.
How much is this home worth?
The estimated value of the home located at 248 Arnold Avenue is $169,743.
What are some comparable homes to 248 Arnold Avenue?
There are currently no comparable homes to 248 Arnold Avenue.
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