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Springfield 01109 Pine Point
294 Berkshire Ave
$199,999
● House - Off Market

294 Berkshire Ave

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,686 Ft²
$280,412
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Looking for a newer construction home? Come check out this 2005 colonial style home! Walk into a spacious living and dinning room area that opens up to an updated kitchen. There is a half bathroom on the first floor with a washer and dryer, no more trips to the basement to do your laundry! All 3 bedrooms are located on the second floor with a full bathroom. This home has been kept in immaculate condition over the years, and sellers are willing to leave all kitchen appliances as well as the washer and dryer for the new home owners. The hot water tank is newer, and both furnace and hot water tanks have warranties that can be transferred to new home owner. Schedule your showing today!
Unit Size
1,686 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$119
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
2005

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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 #72654373)

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold
Premium
Sold
May 11, 2020 Listed by Real Living Realty Professionals, LLC $199,999
Listed by Real Living Realty Professionals, LLC
Dec 3, 2004 Sold
Premium
Sold
Aug 6, 2004 Listed by Real Living Realty Professionals, LLC $169,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 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: 5,249
  • Total Building Area: 1,686
  • Gross Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 13400057
  • Parcel: SPRI S:01340 P:0057
  • Municipality: SPRINGFIELD
  • Latitude: 42.1308
  • Longitude: -72.5351

    Address

  • Full Address: 294 Berkshire Ave
  • Address - House Number: 294
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1661
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 288,686
  • High Value: 352,275
  • Low Value: 225,097

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,800
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33872
  • Previous Sale Recording Date: Dec 03, 2004
  • Previous Sale Amount: $157,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1450 ft²

Average Home Age

84.8 years

Currently For Sale

23 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72654373

Frequently Asked Questions

When was property at 294 Berkshire Avenue built and last sold?
The property at 294 Berkshire Avenue was built in 2005 and last sold on Jun 26, 2020 for $199,999.
How much is this home worth?
The estimated value of the home located at 294 Berkshire Avenue is $208,794.
What are some comparable homes to 294 Berkshire Avenue?
There are currently no comparable homes to 294 Berkshire Avenue.
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