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Springfield 01129 Sixteen Acres
271 Parkerview St
$299,900
● House - Off Market

271 Parkerview St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,092 Ft²
$305,125
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome to your opportunity to own this well card for ranch.  This home features 3 bedrooms and 1.5 bathrooms.  The bathrooms have just been done over, new sinks, new "smart" toilets and the main bath has a new deep tub and shower.  The seller has installed a new compressor for the air conditioning and a brand-new fence surrounds the rear yard.  A large portion of the basement has been finished already, just waiting for your finishing touches.  Be one of the first buyers to get into this house this weekend at the OPEN HOUSE, Sunday, 12-1:30pm.  First Showings will be at Open House.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$275
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1986

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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 #73074228)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Feb 7, 2023 In contract -
In contract
Jan 27, 2023 Listed by NextHome Elite Realty $299,900
Listed by NextHome Elite Realty
May 26, 2022 Sold
Premium
Sold
Mar 21, 2022 Listed by NextHome Elite Realty $275,000
Listed by NextHome Elite Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 11,252
  • 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
  • Land Acres: 0000000258
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 95150168
  • Parcel: SPRI S:09515 P:0168
  • Municipality: SPRINGFIELD
  • Latitude: 42.1343
  • Longitude: -72.4857

    Address

  • Full Address: 271 Parkerview St
  • Address - House Number: 271
  • Address - Street Name: Parkerview
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1332
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,600

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 282,641
  • High Value: 339,178
  • Low Value: 226,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,500
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $172,900

    Sales

  • Current Sale Contract Date: Apr 04, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 233422
  • Previous Sale Recording Date: May 26, 2022
  • Previous Sale Contract Date: May 26, 2022
  • Previous Sale Amount: $280,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73074228

Frequently Asked Questions

When was property at 271 Parkerview Street built and last sold?
The property at 271 Parkerview Street was built in 1986 and last sold on Apr 4, 2023 for $299,900.
How much is this home worth?
The estimated value of the home located at 271 Parkerview Street is $302,033.
What are some comparable homes to 271 Parkerview Street?
There are currently no comparable homes to 271 Parkerview Street.
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