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Springfield 01129 Boston Road
377 Parker St
$175,000
● House - Off Market

377 Parker St

Springfield, MA 01129
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,646 Ft²
$171,605
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This home features 1646 square feet of living space, oversized one car garage & tons of potential! First floor includes kitchen with pantry & slider leading to back deck, formal dining room & living room. Second floor includes 4 bedrooms & full bathroom. Natural gas heat, replacement windows, vinyl siding, enclosed front porch, back deck & double wide driveway for plenty of off street parking. Roof replaced in 2006 APO. With a little TLC, this home can truly shine. Schedule a showing today.
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$100
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1925

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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 #72987439)

Price History

Date / Event Date Event Price
Sep 12, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Gallagher Real Estate $164,999
Listed by Gallagher Real Estate
Jun 18, 1999 Sold
Premium
Sold
Jan 20, 1999 Listed by Gallagher Real Estate $74,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,116
  • Total Building Area: 1,438
  • Gross Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • 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: 801503

Zoning

  • Zoning: R2

Geography

  • Account Number: 95101781
  • Parcel: SPRI S:09510 P:1781
  • Municipality: SPRINGFIELD
  • Latitude: 42.1442
  • Longitude: -72.4947

    Address

  • Full Address: 377 Parker St
  • Address - House Number: 377
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 1043
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259,000

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 229,527
  • High Value: 278,188
  • Low Value: 180,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,900
  • Assessed Land Value: $34,100
  • Assessed Improvements Value: $117,800

    Sales

  • Current Sale Contract Date: Sep 09, 2022
  • Current Sale Recording Date: Sep 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 54896
  • Previous Sale Recording Date: Jun 18, 1999
  • Previous Sale Amount: $72,000
  • 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 Boston Road

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1360 ft²

Average Home Age

72.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72987439

Frequently Asked Questions

When was property at 377 Parker Street built and last sold?
The property at 377 Parker Street was built in 1925 and last sold on Sep 9, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 377 Parker Street is $173,089.
What are some comparable homes to 377 Parker Street?
There are currently no comparable homes to 377 Parker Street.
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