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Springfield 01109 McKnight
294 Saint James Ave
$104,500
● House - Off Market

294 Saint James Ave

Springfield, MA 01109
bedrooms
8 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,859 Ft²
$234,969
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

Hill McKnight, large turn-of-the century home in historic Hill/McKnight area with many possibilitites.  Tender loving care and eye for detail needed to restore this property into a charming elegant home.  Beautiful hardwood floors and natural wood trim; large eat-in kitchen; three and a half baths; eight bedrooms and two fireplaces.  Perfect for large family or in-law living with three floors of livable space. Nice size yard and storage shed. Some water and pipe damage evident. SOLD "AS IS"!
Unit Size
3,859 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$36
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1904

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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 #70295794)

Price History

Date / Event Date Event Price
Oct 25, 2016 Sold
Premium
Sold
Apr 12, 2010 Sold
Premium
Sold
Feb 19, 2010 Listed by Carlson GMAC Real Estate $24,900
Listed by Carlson GMAC Real Estate
Mar 30, 2006 Sold
Premium
Sold
Nov 17, 2005 Listed by Carlson GMAC Real Estate $138,900
Listed by Carlson GMAC Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 181
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,378
  • Total Building Area: 3,933
  • Gross Building Area: 3,933
  • Building Area: 3,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,933
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 111700026
  • Parcel: SPRI S:11170 P:0026
  • Municipality: SPRINGFIELD
  • Latitude: 42.1176
  • Longitude: -72.5715

    Address

  • Full Address: 294 Saint James Ave
  • Address - House Number: 294
  • Address - Street Name: Saint James
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3842
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $282,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 181,716
  • High Value: 220,725
  • Low Value: 142,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,500
  • Assessed Land Value: $23,300
  • Assessed Improvements Value: $142,200

    Sales

  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63863
  • Previous Sale Recording Date: Apr 12, 2010
  • Previous Sale Amount: $24,900
  • 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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70295794

Frequently Asked Questions

When was property at 294 St James Avenue built and last sold?
The property at 294 St James Avenue was built in 1904 and last sold on Jan 1, 1970 for $31,500.
How much is this home worth?
The estimated value of the home located at 294 St James Avenue is $25,174.
What are some comparable homes to 294 St James Avenue?
There are currently no comparable homes to 294 St James Avenue.
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