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Springfield 01129 Sixteen Acres
40 Vincent St
$250,000
● House - Off Market

40 Vincent St

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,036 Ft²
$231,783
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

New Sixteen Acres renovated ranch is ready for its new owners! NEW siding, NEW windows, NEW plumbing and NEW Electrical updates! Brand NEW kitchen with stainless steel appliances and 1st floor laundry room! Fresh paint and flooring throughout. Spacious fenced in yard. Close to shopping centers, grocery stores, restaurants and more! Schedule a showing now!
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$222
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1955

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 #73091092)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Mar 27, 2023 In contract -
In contract
Mar 24, 2023 Listed by Executive Real Estate, Inc. $230,000
Listed by Executive Real Estate, Inc.
Feb 7, 2022 Sold
Premium
Sold
Oct 25, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • 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: 10,075
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 118750009
  • Parcel: SPRI S:11875 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1198
  • Longitude: -72.4971

    Address

  • Full Address: 40 Vincent St
  • Address - House Number: 40
  • Address - Street Name: Vincent
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1619
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $202,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2646
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 264,800
  • High Value: 334,889
  • Low Value: 194,711

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,500
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $63,500

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 233846
  • Previous Sale Recording Date: Feb 07, 2022
  • Previous Sale Contract Date: Dec 31, 2021
  • Previous Sale Amount: $73,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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# 73091092

Frequently Asked Questions

When was property at 40 Vincent Street built and last sold?
The property at 40 Vincent Street was built in 1955 and last sold on May 26, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 40 Vincent Street is $228,497.
What are some comparable homes to 40 Vincent Street?
There are currently no comparable homes to 40 Vincent Street.
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