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Springfield 01119 Boston Road
39 Merrill Rd
$82,000
● House - Off Market

39 Merrill Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
880 Ft²
$134,737
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

WHY RENT WHEN YOU CAN BUY!!! The PERFECT home for the first time buyer the downsizer or someone who wants a home for a rental investment!!!  The refinished hardwoods really make this shine. With the updated bath and upgraded kitchen this home is waiting for you to call it home. The fully fenced back yard offers privacy for you to hang out and enjoy the day! Located in close proximity to MA Pike and RT291. Convenient shopping option surround as well as close access to public transportation. This is THE ONE!!  TELL YOUR AGENT!! TELL YOUR BUYERS!!
Unit Size
880 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$91
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1954

Payment Calculator

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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 #72068990)

Price History

Date / Event Date Event Price
Oct 31, 2016 Sold
Premium
Sold
Sep 16, 2016 Listed by BKaye Realty $79,900
Listed by BKaye Realty
Nov 22, 2013 Sold
Premium
Sold
Oct 22, 2013 Listed by BKaye Realty $39,000
Listed by BKaye Realty
Sep 23, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 880
  • Gross Building Area: 880
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 880
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801503

Zoning

  • Zoning: R1

Geography

  • Account Number: 85650074
  • Parcel: SPRI S:08565 P:0074
  • Municipality: SPRINGFIELD
  • Latitude: 42.1392
  • Longitude: -72.5016

    Address

  • Full Address: 39 Merrill Rd
  • Address - House Number: 39
  • Address - Street Name: Merrill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1826
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 215,495
  • High Value: 254,273
  • Low Value: 176,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,100
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $119,800

    Sales

  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65147
  • Previous Sale Recording Date: Nov 22, 2013
  • Previous Sale Amount: $37,250
  • 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 Boston Road

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1360 ft²

Average Home Age

72.2 years

Currently For Sale

6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72068990

Frequently Asked Questions

When was property at 39 Merrill Road built and last sold?
The property at 39 Merrill Road was built in 1954 and last sold on Jan 1, 1970 for $82,000.
How much is this home worth?
The estimated value of the home located at 39 Merrill Road is $86,561.
What are some comparable homes to 39 Merrill Road?
There are currently no comparable homes to 39 Merrill Road.
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