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Springfield 01109 Pine Point
31 Alice St
$219,000
● House - Off Market

31 Alice St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
912 Ft²
$1,260
Est. Monthly

About This Property

Highest and Best due Saturday December 30, 2023 by 5:00p.m Lovely ranch ready for its new owner. As you enter into the font door, you are in the good size living room, this will continue into the large eat in kitchen, with plenty of storage space.the hallway provides two storage closets. The three bedrooms have hardwood throughout.  Continuing to the lower level you will find lots of additional space as well as anoth full bathroom and the laundry area.    All appliances to remain including washer and dryer. Seller prefers as-is sale
Unit Size
912 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$230
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1969

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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 #73189163)

Price History

Date / Event Date Event Price
Feb 27, 2024 Sold
Premium
Sold
Dec 31, 2023 In contract -
In contract
Dec 28, 2023 Listed by William Raveis R.E. & Home Services $209,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 4,265
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 801402

Zoning

  • Zoning: R1

Geography

  • Account Number: 2700029
  • Parcel: SPRI S:00270 P:0029
  • Municipality: SPRINGFIELD
  • Latitude: 42.1293
  • Longitude: -72.542

    Address

  • Full Address: 31 Alice St
  • Address - House Number: 31
  • Address - Street Name: Alice
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 2201
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $274,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 210,437
  • High Value: 228,819
  • Low Value: 192,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,000
  • Assessed Land Value: $28,800
  • Assessed Improvements Value: $132,200

    Sales

  • Current Sale Contract Date: Feb 27, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8272
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:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1397 ft²

Average Home Age

85.1 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 73189163

Frequently Asked Questions

When was property at 31 Alice Street built and last sold?
The property at 31 Alice Street was built in 1969 and last sold on Feb 27, 2024 for $219,000.
How much is this home worth?
The estimated value of the home located at 31 Alice Street is $212,691.
What are some comparable homes to 31 Alice Street?
There are currently no comparable homes to 31 Alice Street.
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