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Springfield 01109 McKnight
38 Princeton St
$185,000
● House - Off Market

38 Princeton St

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,800 Ft²
$261,539
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Welcome home to this BEAUTIFUL older home in a Springfield neighborhood. This house is READY TO MOVE INTO and is in great condition inside and out. Please see the pictures of this beauty with so much old woodwork in fantastic condition, SO MANY ROOMS, and an open floor plan between the living and dining rooms. Dont miss the wrap around front porch with an area for a large porch swing and it has original wood floors that are all refinished and new flooring in the kitchen, bathrooms and third floor rooms.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$100
Property Type
House
Property Taxes
$179
HOA Dues
-
Year Built
1915

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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 #72596974)

Price History

Date / Event Date Event Price
Jan 27, 2020 Sold
Premium
Sold
Dec 1, 2019 Listed by Simply Sell Realty $179,500
Listed by Simply Sell Realty
May 29, 2019 Sold
Premium
Sold
Apr 29, 2019 Listed by Simply Sell Realty $80,000
Listed by Simply Sell Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 3,990
  • Total Building Area: 1,875
  • Gross Building Area: 1,875
  • Building Area: 1,875
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,875
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 99350008
  • Parcel: SPRI S:09935 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.1186
  • Longitude: -72.5667

    Address

  • Full Address: 38 Princeton St
  • Address - House Number: 38
  • Address - Street Name: Princeton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3425
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,500

    Appraisal Valuation

  • Standard Deviation: 0.212
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 280,038
  • High Value: 339,409
  • Low Value: 220,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,000
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $200,900

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Jan 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4666
  • Previous Sale Recording Date: May 29, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $82,600
  • Previous Sale Document Type: O
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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

67

Average Home Size

3337 ft²

Average Home Age

114.1 years

Currently For Sale

9 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# 72596974

Frequently Asked Questions

When was property at 38 Princeton Street built and last sold?
The property at 38 Princeton Street was built in 1915 and last sold on Jan 22, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 38 Princeton Street is $180,628.
What are some comparable homes to 38 Princeton Street?
There are currently no comparable homes to 38 Princeton Street.
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