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Springfield 01109 Pine Point
272 Denver Street
$225,000
● House - Off Market

272 Denver Street

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,477 Ft²
$214,413
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Come check out this RARE opportunity! A colonial style single family with a guest suite or space that can possibly be converted to a multi family with some additional work and your vision. On the lower level you will find a living area, two bedrooms, a bathroom and kitchen. Make your way upstairs and down the hall to another living area with cabinets, the primary bedroom with a walk-through closet to the bathroom. Enjoy your morning cup of coffee on the lovely deck located off of the upstairs living space. **Please do not walk the property unless you have a private showing or are attending an open house**Back on Market: Buyer couldn't secure financing**
Unit Size
1,477 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1921

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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 #73108370)

Price History

Date / Event Date Event Price
Jul 17, 2023 Sold
Premium
Sold
Jun 6, 2023 In contract -
In contract
Jun 3, 2023 Relisted $164,900
Relisted
May 17, 2023 In contract -
In contract
May 7, 2023 Listed by Executive Real Estate, Inc. $215,000
Listed by Executive Real Estate, Inc.
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,477
  • Gross Building Area: 1,477
  • Building Area: 1,477
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,477
  • Heating Fuel Type: 6

    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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 38250055
  • Parcel: SPRI S:03825 P:0055
  • Municipality: SPRINGFIELD
  • Latitude: 42.1188
  • Longitude: -72.5317

    Address

  • Full Address: 272 Denver St
  • Address - House Number: 272
  • Address - Street Name: Denver
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 1904
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $260,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 222,701
  • High Value: 268,620
  • Low Value: 176,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,600
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $123,100

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32775
  • Previous Sale Recording Date: Apr 16, 2020
  • Previous Sale Contract Date: Mar 26, 2020
  • Previous Sale Amount: $142,700
  • Previous Sale Document Type: O
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:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1393 ft²

Average Home Age

86.3 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 73108370

Frequently Asked Questions

When was property at 272 Denver Street built and last sold?
The property at 272 Denver Street was built in 1921 and last sold on Jul 17, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 272 Denver Street is $222,032.
What are some comparable homes to 272 Denver Street?
There are currently no comparable homes to 272 Denver Street.
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