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Springfield 01104 East Springfield
386 El Paso
Photo of 386 El Paso
Sold on Dec 18, 2009

1

Map

$95,000
● House - Off Market

386 El Paso

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
814 Ft²
$200,329
RealtyHop Estimate
114.26%
Since Jan 1, 2010
National-US
Primary Model

About This Property

VERY MOTIVATED SELLER!! Still time to close for the tax credit!! Quaint home with hardwood floors, open floor plan and beautiful mature perennials in a neighborhood that is close to everything (parks, shopping, 291, MASS PIKE & minutes to Downtown), but tucked away on a quiet side street . Newer roof, chimney liner and attic insulation (2004 APO). Don't forget about the $8000 tax stimulus, you must close by 11/30/09!!
Unit Size
814 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$115
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
1926

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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 #70937164)

Price History

Date / Event Date Event Price
Dec 21, 2009 Sold
Premium
Sold
Jun 21, 2009 Listed $93,500
Listed
Feb 20, 2004 Sold
Premium
Sold
Sep 18, 2003 Listed $80,000
Listed
Feb 10, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 16
  • 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: 3,494
  • Total Building Area: 814
  • Gross Building Area: 814
  • Building Area: 814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 814
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 46100044
  • Parcel: SPRI S:04610 P:0044
  • Municipality: SPRINGFIELD
  • Latitude: 42.1321
  • Longitude: -72.5631

    Address

  • Full Address: 386 El Paso St
  • Address - House Number: 386
  • Address - Street Name: El Paso
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2955
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $251,000

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 217,430
  • High Value: 264,674
  • Low Value: 170,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,200
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $114,300

    Sales

  • Current Sale Recording Date: Dec 21, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 85019
  • Previous Sale Recording Date: Feb 20, 2004
  • Previous Sale Amount: $80,000
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1319 ft²

Average Home Age

81.7 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70937164

Frequently Asked Questions

When was property at 386 El Paso Street built and last sold?
The property at 386 El Paso Street was built in 1926 and last sold on Jan 1, 1970 for $95,000.
How much is this home worth?
The estimated value of the home located at 386 El Paso Street is $102,132.
What are some comparable homes to 386 El Paso Street?
There are currently no comparable homes to 386 El Paso Street.
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