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Springfield 01105 Six Corners
311 Hancock Street
$35,000
● House - Off Market

311 Hancock Street

Springfield, MA 01105
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,328 Ft²
$44,491
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Find your new home on Salem Street! Delightful home located in a beautiful neighborhood in a convenient location to all. This home offers a welcoming kitchen completed with tile flooring, a living room and family room which both are gigantic completed with french doors. All three bedrooms are spacious with wall to wall carpet completed with closet space. Don't miss out on this excellent value Call for a private showing today!
Unit Size
1,328 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$21
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1912

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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 #72129863)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by William Raveis - The Michael Morris Group $169,999
Listed by William Raveis - The Michael Morris Group
Aug 8, 2017 Sold
Premium
Sold
May 25, 2017 Sold
Premium
Sold
Mar 11, 2017 Listed by William Raveis - The Michael Morris Group $27,900
Listed by William Raveis - The Michael Morris Group
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 2,492
  • Total Building Area: 1,328
  • Gross Building Area: 1,328
  • Building Area: 1,328
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000057
  • 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: 801902

Zoning

  • Zoning: R2

Geography

  • Account Number: 62500163
  • Parcel: SPRI S:06250 P:0163
  • Municipality: SPRINGFIELD
  • Latitude: 42.1006
  • Longitude: -72.5669

    Address

  • Full Address: 311 Hancock St
  • Address - House Number: 311
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1603
  • Zip Code: 01105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,700

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 238,478
  • High Value: 291,130
  • Low Value: 185,825

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,300
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $159,300

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69668
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Amount: $35,000
  • 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 Six Corners

Stats & Trends

Median Asking:

$324,950

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

81

Average Home Size

1332 ft²

Average Home Age

96.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72129863

Frequently Asked Questions

When was property at 311 Hancock Street built and last sold?
The property at 311 Hancock Street was built in 1912 and last sold on Oct 1, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 311 Hancock Street is $173,914.
What are some comparable homes to 311 Hancock Street?
There are currently no comparable homes to 311 Hancock Street.
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