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Springfield 01109 Old Hill
33 Ladd St
$245,000
● House - Off Market

33 Ladd St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,243 Ft²
$251,937
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

CHARMING COLONIAL STYLE HOME WITH 3 BEDROOMS, LIVING ROOM, DINING ROOM, KITCHEN,  1&1/2 BATH, AND 1,243 SQ FT OF LIVING SPACE. GREAT CHARACTER IN THIS HOME WITH NEW ROOF,SIDING,WIDOWS,KITCHEN, FLOORS, UPDATED ELECTRICAL AND NEW HEATING SYSTEM. COMPLETED FULL BASEMENT. LOCATED CLOSE TO ALL TOWN AMENITIES AND NEXT TO SPRINGFIELD COLLEGE. COME CHECK IT OUT. WON'T STAY LONG. VERY EASY TO SHOW.
Unit Size
1,243 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$201
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1915

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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 #73085787)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Mar 16, 2023 In contract -
In contract
Mar 8, 2023 Listed by Gallagher Real Estate $249,999
Listed by Gallagher Real Estate
Aug 23, 2017 Sold
Premium
Sold
Jul 5, 2017 Listed by Gallagher Real Estate $139,900
Listed by Gallagher Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 4,251
  • Total Building Area: 1,243
  • Gross Building Area: 1,243
  • Building Area: 1,243
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,243
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 74250012
  • Parcel: SPRI S:07425 P:0012
  • Municipality: SPRINGFIELD
  • Latitude: 42.1034
  • Longitude: -72.5611

    Address

  • Full Address: 33 Ladd St
  • Address - House Number: 33
  • Address - Street Name: Ladd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 3307
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2222
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 250,856
  • High Value: 306,601
  • Low Value: 195,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,900
  • Assessed Land Value: $21,300
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22875
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Amount: $135,000
  • 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 Old Hill

Stats & Trends

Median Asking:

$317,500

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2423 ft²

Average Home Age

122.7 years

Currently For Sale

6 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# 73085787

Frequently Asked Questions

When was property at 33 Ladd Street built and last sold?
The property at 33 Ladd Street was built in 1915 and last sold on May 19, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 33 Ladd Street is $248,257.
What are some comparable homes to 33 Ladd Street?
There are currently no comparable homes to 33 Ladd Street.
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