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Springfield 01109 Pine Point
36 Benham
$64,000
● House - Off Market

36 Benham

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
970 Ft²
$80,644
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Property has great potential with effort and time this house can be a very affordable HOME.  It will take elbow grease to bring property back to glory days but could be well worth it. Much cheaper then rent.  All offers must be submitted by the Buyer's agent via the RES.NET Agent Portal. To submit your buyer's offer, simply click the link below. If you already have a RES.NET Agent account, you will be prompted to log in. If not, you will be prompted to create an account.    To begin, click or paste this link into your web browser: https://agent.res.net/Offers.aspx?-1454763
Unit Size
970 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$57
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1950

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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 #72494987)

Price History

Date / Event Date Event Price
Aug 6, 2019 Sold
Premium
Sold
May 6, 2019 Listed by Royal Real Estate Service $55,000
Listed by Royal Real Estate Service

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,399
  • Total Building Area: 970
  • Gross Building Area: 970
  • Building Area: 970
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 970
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROSPECT PARK
  • Land Acres: 0000000147
  • 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: 12600009
  • Parcel: SPRI S:01260 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1277
  • Longitude: -72.5393

    Address

  • Full Address: 36 Benham St
  • Address - House Number: 36
  • Address - Street Name: Benham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2302
  • Zip Code: 01109

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 228,996
  • High Value: 270,204
  • Low Value: 187,789

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,000
  • Assessed Land Value: $30,600
  • Assessed Improvements Value: $130,400

    Sales

  • Current Sale Contract Date: Jun 05, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43942
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:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72494987

Frequently Asked Questions

When was property at 36 Benham Street built and last sold?
The property at 36 Benham Street was built in 1950 and last sold on Jun 5, 2019 for $64,000.
How much is this home worth?
The estimated value of the home located at 36 Benham Street is $64,251.
What are some comparable homes to 36 Benham Street?
There are currently no comparable homes to 36 Benham Street.
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