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Springfield 01109 Pine Point
260 Pheland St
$145,377
● House - Off Market

260 Pheland St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,116 Ft²
$169,236
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

ATTENTION INVESTORS! This is the flip you have been waiting for! Located near WNEU, this 3 bed (possibly 4) / 1 bath cape style home features solid hardwood floors on the first floor that are ready to be refinished. The property also features a fenced in backyard and vinyl siding. SOLD AS-IS Book your appointment today this one will not last! Highest and best due by 01/23 at 9pm. Seller to review all offers Sunday 1/24.
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$122
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72776861)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $224,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Mar 1, 2021 Sold
Premium
Sold
Jan 20, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $136,099
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,299
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRECKWOOD
  • Land Acres: 0000000145
  • 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: 96700055
  • Parcel: SPRI S:09670 P:0055
  • Municipality: SPRINGFIELD
  • Latitude: 42.122
  • Longitude: -72.5279

    Address

  • Full Address: 260 Pheland St
  • Address - House Number: 260
  • Address - Street Name: Pheland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1320
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 259,095
  • High Value: 316,166
  • Low Value: 202,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,600
  • Assessed Land Value: $30,600
  • Assessed Improvements Value: $166,000

    Sales

  • Current Sale Contract Date: Jul 02, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46317
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $145,377
  • 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 Pine Point

Stats & Trends

Median Asking:

$298,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1435 ft²

Average Home Age

86 years

Currently For Sale

27 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 years ago
Data Source: MLS PIN, MLS# 72776861

Frequently Asked Questions

When was property at 260 Pheland Street built and last sold?
The property at 260 Pheland Street was built in 1948 and last sold on Jul 2, 2021 for $237,000.
How much is this home worth?
The estimated value of the home located at 260 Pheland Street is $0.
What are some comparable homes to 260 Pheland Street?
There are currently no comparable homes to 260 Pheland Street.
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