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Springfield 01119 Sixteen Acres
38 Maebeth St
$119,900
● House - Off Market

38 Maebeth St

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$193,735
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

You will Love this affordable 4 room 2 bedroom 1 bath ranch style home in Sixteen Acres within walking distance to Western New England University! This updated house features hardwood floors throughout. Fully applianced kitchen with ceramic time. Newer roof, windows, heating system! Great backyard with custom stone patio with an over sized 1 car garage!
Unit Size
768 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$156
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72114561)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by Gallagher Real Estate $119,900
Listed by Gallagher Real Estate
Apr 29, 2005 Sold
Premium
Sold
Jan 24, 2005 Listed by Gallagher Real Estate $129,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 9,100
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 81050009
  • Parcel: SPRI S:08105 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1187
  • Longitude: -72.5125

    Address

  • Full Address: 38 Maebeth St
  • Address - House Number: 38
  • Address - Street Name: Maebeth
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2414
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $296,300

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 227,474
  • High Value: 276,736
  • Low Value: 178,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $173,800
  • Assessed Land Value: $49,300
  • Assessed Improvements Value: $124,500

    Sales

  • Current Sale Recording Date: May 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26036
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Amount: $130,900
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72114561

Frequently Asked Questions

When was property at 38 Maebeth Street built and last sold?
The property at 38 Maebeth Street was built in 1950 and last sold on Jan 1, 1970 for $119,900.
How much is this home worth?
The estimated value of the home located at 38 Maebeth Street is $124,767.
What are some comparable homes to 38 Maebeth Street?
There are currently no comparable homes to 38 Maebeth Street.
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