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Springfield 01104 East Springfield
256 Tremont St
$310,000
● House - Off Market

256 Tremont St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,365 Ft²
$315,299
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This home has it all! Come see this updated dormered cape with 3 spacious bedrooms, huge kitchen and 2 full baths. All rooms have been updated since its newer 2005 construction. The kitchen is a large U shaped design with so much counterspace and storage! Plenty of room for an island if you so desire. Adjacent to the kitchen is a large dining area, which has sliders out to the deck. The roomy and convenient 1st floor bedroom is well located with the full bath right down the hall. You will love the walk in closet! Upstairs are 2 more huge bedrooms with another large, full bath. The basement is insulated, clean and ready for your refinishing ideas! The gas forced air system is ready for central air.
Unit Size
1,365 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$227
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
2005

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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 #73069381)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Mar 7, 2023 In contract -
In contract
Feb 13, 2023 Price Decreased $309,900
↓ $5K (1.6%)
Price Decreased
Jan 31, 2023 Price Increased $314,900
↑ $5K (1.6%)
Price Increased
Jan 9, 2023 Listed by Kempf-Vanderburgh Realty Consultants, Inc. $309,900
Listed by Kempf-Vanderburgh Realty Consultants, Inc.
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,365
  • Gross Building Area: 1,365
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 800202

Zoning

  • Zoning: R1

Geography

  • Account Number: 116300045
  • Parcel: SPRI S:11630 P:0045
  • Municipality: SPRINGFIELD
  • Latitude: 42.1503
  • Longitude: -72.5356

    Address

  • Full Address: 256 Tremont St
  • Address - House Number: 256
  • Address - Street Name: Tremont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1726
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $369,100

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 298,009
  • High Value: 358,126
  • Low Value: 237,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,500
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15898
  • Previous Sale Recording Date: Apr 27, 2016
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1319 ft²

Average Home Age

81.7 years

Currently For Sale

18 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# 73069381

Frequently Asked Questions

When was property at 256 Tremont Street built and last sold?
The property at 256 Tremont Street was built in 2005 and last sold on Apr 7, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 256 Tremont Street is $314,232.
What are some comparable homes to 256 Tremont Street?
There are currently no comparable homes to 256 Tremont Street.
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