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Springfield 01109 Pine Point
31 East Bay Path
$200,000
● House - Off Market

31 East Bay Path

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
987 Ft²
$1,184
Est. Monthly

About This Property

INVESTMENT OPPORTUNITY -This 3  bedroom, 1 bath ranch is in need of updates and repairs making this a perfect home for renovation.  Some updates that have been done (APO) include new  Roof within last 7 years, gutters installed 2024,  Bathroom completely remodeled in 2024 , Quartz  counter and sink installed in kitchen, refaced cabinets and new front windows in living room.  Being sold AS IS.  Best for Cash, Hard Money, or Rehab loan.  Buyer must provide proof of funds
Unit Size
987 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$181
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1952

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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 #73311568)

Price History

Date / Event Date Event Price
May 1, 2025 Sold
Premium
Sold
Apr 4, 2025 In contract -
In contract
Mar 18, 2025 Listed $299,900
Listed
Move right into this spectacular three-bedroom, one Full-bathrooms newly renovated Ranch with Finished basement, attached one car Garage and good size backyard. Three bedrooms and living room with shiny hardwood floors, Nice ceramic tiles in kitchen and bathroom . Basement with interior access, easy to show dont miss it.
Dec 13, 2024 Sold
Premium
Sold
Nov 14, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 11,600
  • Total Building Area: 987
  • Gross Building Area: 987
  • Building Area: 987
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 987
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000266
  • 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: 42950030
  • Parcel: SPRI S:04295 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.132
  • Longitude: -72.5428

    Address

  • Full Address: 31 E Bay Path Ter
  • Address - House Number: 31
  • Street Direction: E
  • Address - Street Name: Bay Path
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 2211
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $320,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 247,834
  • High Value: 294,704
  • Low Value: 200,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,200
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $156,200
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:

$298,000

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1472 ft²

Average Home Age

87.2 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 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# 73311568

Frequently Asked Questions

When was property at 31 East Bay Path Terrace built and last sold?
The property at 31 East Bay Path Terrace was built in 1952 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 31 East Bay Path Terrace is $298,278.
What are some comparable homes to 31 East Bay Path Terrace?
There are currently no comparable homes to 31 East Bay Path Terrace.
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