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$75,000
● House - Off Market

279 Pine

Springfield, MA
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,084 Ft²
$109,809
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Step into the past with this Colonial in the Maple Heights Historic District. Newer gas furnace and updated electrical system. Hardwood floors in the formal dining room and living room as well as in the private den. Six bedrooms between the second and third floor. If you want space, this is the house. Buyers must comply with Historic District Guidelines. The seller must comply with HUD Guidelines 24 CFR 206.125 and property is sold as is. This is a Fannie Mae Homepath property.
Unit Size
3,084 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$24
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
-

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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: 4 years ago (MLSPIN #72414321)

Price History

Date / Event Date Event Price
Apr 29, 2019 Sold
Premium
Sold
Oct 22, 2018 Listed by Sears Real Estate, Inc. $74,000
Listed by Sears Real Estate, Inc.

Property Highlights

Interior Details
Level: First
Level: Second
Width: 12
Length: 12
Area: 144
Length: 16
Level: Third
Area: 176
Width: 11
Area: 168
Length: 14
Level: Second
Width: 12
Width: 14
Length: 14
Level: First
Area: 196
Length: 16
Level: First
Area: 224
Width: 14
Width: 12
Length: 12
Area: 144
Level: Second
Level: Second
Length: 14
Width: 12
Area: 168
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Flooring Type: Wood, Vinyl
Rooms: 10
Basement: Full, Interior Entry
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Single Family Residence
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Features: Gentle Sloping
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Zoning: Res
Parcel Number: 2601541
Water Source: Public
Financial Details
Tax Assessed Value: $114,200
Tax Annual Amount: $2,247
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72414321
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