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Springfield 01109 Pine Point
3 Elaine Circle
$339,000
● House - Off Market

3 Elaine Circle

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,500 Ft²
$497,483
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Walk into this beautiful new construction and picture it as your forever home! Open floor plan on the first floor: granite gas fireplace, hardwood floors and recessed lighting complete the living room. Gorgeous custom cabinets with granite countertops catch the eye immediately in the kitchen, not to mention its spacious layout and custom kitchen island. Natural sunlight gleams through the sliding doors in the dining area, leading out the deck overlooking the backyard.  Three full bathrooms. All bedrooms have wall to wall carpets. First floor has ALL HARDWOOD!  Master bedroom has walk-in closet and full bathroom with double vanity!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019

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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: 6 months ago (MLSPIN #72504778)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
Oct 17, 2021 Listed by Executive Real Estate, Inc. $390,000
Listed by Executive Real Estate, Inc.
Feb 1, 2021 Sold
Premium
Sold
Sep 15, 2020 Listed by Executive Real Estate, Inc. $359,000
Listed by Executive Real Estate, Inc.
Jul 30, 2019 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 8,189
  • Total Building Area: 2,572
  • Gross Building Area: 2,572
  • Building Area: 2,572
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • 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: RA

Geography

  • Account Number: 44700100
  • Parcel: SPRI S:04470 P:0100
  • Municipality: SPRINGFIELD
  • Latitude: 42.129
  • Longitude: -72.5325

    Address

  • Full Address: 3 Elaine Cir
  • Address - House Number: 3
  • Address - Street Name: Elaine
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1205
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,500

    Appraisal Valuation

  • Standard Deviation: 0.1926
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 398,686
  • High Value: 475,497
  • Low Value: 321,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,400
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $322,300

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88476
  • Previous Sale Recording Date: Feb 01, 2021
  • Previous Sale Contract Date: Jan 20, 2021
  • Previous Sale Amount: $350,000
  • 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:

$294,950

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1371 ft²

Average Home Age

84.8 years

Currently For Sale

25 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: 6 months ago
Data Source: MLS PIN, MLS# 72504778

Frequently Asked Questions

When was property at 3 Elaine Circle built and last sold?
The property at 3 Elaine Circle was built in 2019 and last sold on Dec 10, 2021 for $395,000.
How much is this home worth?
The estimated value of the home located at 3 Elaine Circle is $400,954.
What are some comparable homes to 3 Elaine Circle?
There are currently no comparable homes to 3 Elaine Circle.
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