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Springfield 01109 Old Hill
346 Eastern Ave
$140,000
● House - Off Market

346 Eastern Ave

Springfield, MA 01109
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,364 Ft²
$205,274
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Beautiful and spacious home that has been well kept.  Beautifully sided with a modern grey, newer windows and a bath and a half. Great deck with an amazing back yard that's fenced in for all of your entertaining needs. Open house June 30th, 2019 from 11:00 -12:30pm.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$103
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1905

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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 #72523968)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Jun 24, 2019 Listed by Century 21 A-1 Nolan Realty $139,999
Listed by Century 21 A-1 Nolan Realty
Oct 30, 2000 Sold
Premium
Sold
Jun 20, 2000 Listed by Century 21 A-1 Nolan Realty $53,900
Listed by Century 21 A-1 Nolan Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 14
  • 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: 8,398
  • Total Building Area: 1,688
  • Gross Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000193
  • 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: 43250072
  • Parcel: SPRI S:04325 P:0072
  • Municipality: SPRINGFIELD
  • Latitude: 42.1009
  • Longitude: -72.5622

    Address

  • Full Address: 346 Eastern Ave
  • Address - House Number: 346
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 3740
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $243,800

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 216,776
  • High Value: 263,312
  • Low Value: 170,241

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $143,000
  • Assessed Land Value: $23,100
  • Assessed Improvements Value: $119,900

    Sales

  • Current Sale Contract Date: Aug 15, 2019
  • Current Sale Recording Date: Aug 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46370
  • Previous Sale Recording Date: Oct 30, 2000
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 27
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:

$310,000

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2164 ft²

Average Home Age

119.8 years

Currently For Sale

5 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: 4 months ago
Data Source: MLS PIN, MLS# 72523968

Frequently Asked Questions

When was property at 346 Eastern Avenue built and last sold?
The property at 346 Eastern Avenue was built in 1905 and last sold on Aug 15, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 346 Eastern Avenue is $140,080.
What are some comparable homes to 346 Eastern Avenue?
There are currently no comparable homes to 346 Eastern Avenue.
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