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Springfield 01151 Indian Orchard
36 Fairhaven Drive
$142,000
● House - Off Market

36 Fairhaven Drive

Springfield, MA 01151
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,065 Ft²
$223,631
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Small but s-p-a-c-i-o-u-s ranch with many improvements such as vinyl siding, replacement windows, blown-in insulation, updated roof & new hot water tank.The interior boasts a tastefully updated bath, large kitchen with oak cabinets, greenhouse window and slider to deck for summertime fun! And the finished basement with storage, office AND game room with built-in bar is a real boost to the living space. Come see!
Unit Size
1,065 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$131
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1956

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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 #72149421)

Price History

Date / Event Date Event Price
Jul 17, 2017 Sold
Premium
Sold
Apr 19, 2017 Listed by Allyn & O'Donnell $139,900
Listed by Allyn & O'Donnell
Nov 7, 2003 Sold
Premium
Sold
Aug 6, 2003 Listed by Allyn & O'Donnell $149,900
Listed by Allyn & O'Donnell

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,629
  • Total Building Area: 1,065
  • Gross Building Area: 1,065
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000359
  • 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: 800202

Zoning

  • Zoning: R1

Geography

  • Account Number: 48520009
  • Parcel: SPRI S:04852 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1446
  • Longitude: -72.5236

    Address

  • Full Address: 36 Fairhaven Dr
  • Address - House Number: 36
  • Address - Street Name: Fairhaven
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C003
  • 4-Digit Zip Code: 1319
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,500

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 255,870
  • High Value: 311,690
  • Low Value: 200,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,600
  • Assessed Land Value: $36,900
  • Assessed Improvements Value: $168,700

    Sales

  • Current Sale Recording Date: Jul 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40054
  • Previous Sale Recording Date: Nov 07, 2003
  • Previous Sale Amount: $134,000
  • 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 Indian Orchard

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1743 ft²

Average Home Age

94.9 years

Currently For Sale

20 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# 72149421

Frequently Asked Questions

When was property at 36 Fairhaven Drive built and last sold?
The property at 36 Fairhaven Drive was built in 1956 and last sold on Jan 1, 1970 for $142,000.
How much is this home worth?
The estimated value of the home located at 36 Fairhaven Drive is $141,743.
What are some comparable homes to 36 Fairhaven Drive?
There are currently no comparable homes to 36 Fairhaven Drive.
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