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Springfield 01119 Pine Point
38 Delaware Avenue
$264,000
● House - Off Market

38 Delaware Avenue

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,992 Ft²
$455,371
RealtyHop Estimate
72.49%
Since Dec 1, 2005
National-US
Primary Model

About This Property

CHOOSE THIS 4 BEDROOM COLONIAL OR FROM OTHER PRINTS.16X19 FT. BONUS ROOM 12X12 P.T.DECK WHIRLPOOL TUB + SEPARATE SHOWER.LARGE BASEMENT WINDOWS FOR FUTURE ROOMS IN BASEMENT. CONSTRUCTION HAS BEGIN   ELCLUSIVE DELEWARE ESTATES 14 HOME SITE SUB-DIVISION. GENEROUS ALLOWANCES PUBLIC WATER & SEWER PLUS GAS CALL FOR DETAILS
Unit Size
1,992 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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 #70003963)

Price History

Date / Event Date Event Price
Nov 2, 2005 Sold
Premium
Sold
Mar 9, 2004 Listed by Storey Real Estate $264,000
Listed by Storey Real Estate
CHOOSE THIS 4 BEDROOM COLONIAL OR FROM OTHER PRINTS.16X19 FT. BONUS ROOM 12X12 P.T.DECK WHIRLPOOL TUB + SEPARATE SHOWER.LARGE BASEMENT WINDOWS FOR FUTURE ROOMS IN BASEMENT. CONSTRUCTION HAS BEGIN ELCLUSIVE DELEWARE ESTATES 14 HOME SITE SUB-DIVISION. GENEROUS ALLOWANCES PUBLIC WATER & SEWER PLUS GAS CALL FOR DETAILS

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 37800007
  • Parcel: SPRI S:03780 P:0007
  • Municipality: SPRINGFIELD
  • Latitude: 42.1221
  • Longitude: -72.5236

    Address

  • Full Address: 38 Delaware Ave
  • Address - House Number: 38
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1942
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $593,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 383,426
  • High Value: 452,422
  • Low Value: 314,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,000
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $317,100

    Sales

  • Current Sale Recording Date: Nov 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 95154
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

1397 ft²

Average Home Age

85.1 years

Currently For Sale

28 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# 70003963

Frequently Asked Questions

When was property at 38 Delaware Avenue built and last sold?
The property at 38 Delaware Avenue was built in 2005 and last sold on Jan 1, 1970 for $264,000.
How much is this home worth?
The estimated value of the home located at 38 Delaware Avenue is $276,777.
What are some comparable homes to 38 Delaware Avenue?
There are currently no comparable homes to 38 Delaware Avenue.
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