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Springfield 01104 Liberty Heights
29 Melville St
$210,000
● House - Off Market

29 Melville St

Springfield, MA 01104
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,296 Ft²
$216,573
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Investor Take Notice and come look at this rough diamond!. The house needs some TLC to make it a home. This is an easy flip or a great project for a handy buyer - bring your ideas and make this one shine again! Property to be sold in "AS IS" where is condition. May not pass FHA/VA loans. Cash, rehab, or conventional preferred.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$166
Property Type
House
Property Taxes
$199
HOA Dues
-
Year Built
1926

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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: 5 months ago (MLSPIN #72949820)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Mar 7, 2022 Listed by Executive Real Estate, Inc. $214,900
Listed by Executive Real Estate, Inc.
Oct 30, 2009 Sold
Premium
Sold
Sep 19, 2009 Listed by Executive Real Estate, Inc. $149,900
Listed by Executive Real Estate, Inc.
Apr 24, 2009 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,398
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 85300064
  • Parcel: SPRI S:08530 P:0064
  • Municipality: SPRINGFIELD
  • Latitude: 42.1306
  • Longitude: -72.5676

    Address

  • Full Address: 29 Melville St
  • Address - House Number: 29
  • Address - Street Name: Melville
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2730
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,100

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 259,338
  • High Value: 315,687
  • Low Value: 202,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,100
  • Assessed Land Value: $34,800
  • Assessed Improvements Value: $172,300

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27079
  • Previous Sale Recording Date: Oct 30, 2009
  • Previous Sale Amount: $149,900
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1863 ft²

Average Home Age

90.8 years

Currently For Sale

40 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 months ago
Data Source: MLS PIN, MLS# 72949820

Frequently Asked Questions

When was property at 29 Melville Street built and last sold?
The property at 29 Melville Street was built in 1926 and last sold on May 3, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 29 Melville Street is $212,760.
What are some comparable homes to 29 Melville Street?
There are currently no comparable homes to 29 Melville Street.
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