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Springfield 01104 Liberty Heights
38 Worthy St
$289,000
● House - Off Market

38 Worthy St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$1,625
Est. Monthly

About This Property

This stunning colonial is a MUST SEE! Renovated from top to bottom, with new vinyl flooring, new wall to wall carpeting, refinished hardwood floors, new light fixtures and fresh paint throughout, completed with a BRAND NEW ROOF AND HEATING SYSTEM! Beautifully remodeled kitchen includes white shaker style cabinets, granite countertops, and stainless steel appliances. Remodeled full bathrooms on both floors. Bonus room has been completed on the 3rd floor, which would make the perfect family room! Enclosed front porch has been beautifully refinished, along with the mudroom attached to the back entrance! Conveniently located near local shopping centers, highway access, schools, parks and so much more!
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$164
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1913

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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 #73188110)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Jan 2, 2024 In contract -
In contract
Dec 18, 2023 Listed by Executive Real Estate, Inc. $275,000
Listed by Executive Real Estate, Inc.
Sep 22, 2023 Sold
Premium
Sold
Dec 22, 2022 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1913
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 4,500
  • Total Building Area: 1,672
  • Gross Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LIBERTY MANOR
  • Land Acres: 0000000103
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 125400008
  • Parcel: SPRI S:12540 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.1231
  • Longitude: -72.5797

    Address

  • Full Address: 38 Worthy St
  • Address - House Number: 38
  • Address - Street Name: Worthy
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2546
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 278,758
  • High Value: 303,108
  • Low Value: 254,408

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,000
  • Assessed Land Value: $32,400
  • Assessed Improvements Value: $160,600

    Sales

  • Current Sale Contract Date: Feb 09, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5715
  • Previous Sale Recording Date: Sep 22, 2023
  • Previous Sale Contract Date: Sep 20, 2023
  • Previous Sale Amount: $156,730
  • Previous Sale Document Type: 34
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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73188110

Frequently Asked Questions

When was property at 38 Worthy Street built and last sold?
The property at 38 Worthy Street was built in 1913 and last sold on Feb 9, 2024 for $280,000.
How much is this home worth?
The estimated value of the home located at 38 Worthy Street is $276,664.
What are some comparable homes to 38 Worthy Street?
There are currently no comparable homes to 38 Worthy Street.
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