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Springfield 01109 Pine Point
25 Plum St
$190,000
● House - Off Market

25 Plum St

Springfield, MA 01109
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
798 Ft²
$185,487
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Adorable ranch on a quiet side street, conveniently located close to major routes, attractions, shopping and more.  Come see this lovely ranch with 2 bedrooms and 1 bathroom. Bonus room addition is currently being used as a bedroom, but the opportunities are endless. House is in need of some refurbishing and updating, but the large fenced in yard and location makes this one stand out. This cozy home with fireplace, oversized windows, and nice kitchen will welcome you home after a long day. Ready for the new owners to add their style and make it their own. Seller is selling "As Is". Don't miss out on this opportunity!Highest and Best by 2/6 at noon
Unit Size
798 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$226
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1950

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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 #73075664)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold
Premium
Sold
Feb 8, 2023 In contract -
In contract
Feb 2, 2023 Listed by William Raveis Team 413 $180,000
Listed by William Raveis Team 413

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,901
  • Total Building Area: 798
  • Gross Building Area: 798
  • Building Area: 798
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 798
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 97900042
  • Parcel: SPRI S:09790 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.1242
  • Longitude: -72.5303

    Address

  • Full Address: 25 Plum St
  • Address - House Number: 25
  • Address - Street Name: Plum
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1321
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $339,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2134
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 239,297
  • High Value: 290,377
  • Low Value: 188,217

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,200
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $167,600

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 233226
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:

$296,500

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1471 ft²

Average Home Age

85.9 years

Currently For Sale

32 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73075664

Frequently Asked Questions

When was property at 25 Plum Street built and last sold?
The property at 25 Plum Street was built in 1950 and last sold on Mar 7, 2023 for $190,000.
How much is this home worth?
The estimated value of the home located at 25 Plum Street is $182,975.
What are some comparable homes to 25 Plum Street?
There are currently no comparable homes to 25 Plum Street.
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