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Springfield 01104 Liberty Heights
3 Morison Terrace
$82,000
● House - Off Market

3 Morison Terrace

Springfield, MA 01104
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,042 Ft²
$194,375
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Lovely 6 room 4 bedroom cape with lots of hardwood floors----partially finished basement --You will enjoy this charming home.    The yard is fenced with a nice porch in the rear of the house
Unit Size
1,042 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$96
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1948

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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 months ago (MLSPIN #71480766)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed by BKaye Realty $219,900
Listed by BKaye Realty
Aug 21, 2013 Sold
Premium
Sold
Feb 7, 2013 Listed by BKaye Realty $99,900
Listed by BKaye Realty
Aug 26, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 7,144
  • Total Building Area: 1,042
  • Gross Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,042
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 88350020
  • Parcel: SPRI S:08835 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.133
  • Longitude: -72.5893

    Address

  • Full Address: 3 Morison Ter
  • Address - House Number: 3
  • Address - Street Name: Morison
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 1027
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,500

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 284,806
  • High Value: 344,741
  • Low Value: 224,871

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,900
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $183,500

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36936
  • Previous Sale Recording Date: Aug 21, 2013
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: 71
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

$198

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1876 ft²

Average Home Age

92.1 years

Currently For Sale

31 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71480766

Frequently Asked Questions

When was property at 3 Morison Terrace built and last sold?
The property at 3 Morison Terrace was built in 1948 and last sold on May 28, 2021 for $230,000.
How much is this home worth?
The estimated value of the home located at 3 Morison Terrace is $214,744.
What are some comparable homes to 3 Morison Terrace?
There are currently no comparable homes to 3 Morison Terrace.
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