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Springfield 01104 East Springfield
41 Watling St
$235,000
● House - Off Market

41 Watling St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,042 Ft²
$249,218
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Introducing a promising opportunity for homeowners and investors alike-a three-bedroom house awaiting your personal touch. This property is being sold as-is, allowing you the freedom to transform it into your dream home or explore its potential for renovation and investment purposes. While minimal work is required, rest assured that significant updates have already been completed. The roof (2021) and bathroom were both renovated less than three years ago, providing a solid foundation for future enhancements. Additionally, the hot water system, oil tank, and furnace were all replaced in 2018, ensuring efficiency and peace of mind. With these major updates already taken care of, you have the advantage of focusing on personalizing the interior to suit your unique vision.
Unit Size
1,042 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$240
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1952

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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 #73127217)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold
Premium
Sold
Jul 3, 2023 In contract -
In contract
Jun 20, 2023 Listed by Executive Real Estate, Inc. $249,900
Listed by Executive Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,001
  • Total Building Area: 1,042
  • Gross Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,042
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 02
  • 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: 800202

Zoning

  • Zoning: R1

Geography

  • Account Number: 120500023
  • Parcel: SPRI S:12050 P:0023
  • Municipality: SPRINGFIELD
  • Latitude: 42.1485
  • Longitude: -72.5426

    Address

  • Full Address: 41 Watling St
  • Address - House Number: 41
  • Address - Street Name: Watling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 1632
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $323,600

    Appraisal Valuation

  • Standard Deviation: 0.2114
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 248,278
  • High Value: 300,768
  • Low Value: 195,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,800
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $155,100

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35531
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# 73127217

Frequently Asked Questions

When was property at 41 Watling Street built and last sold?
The property at 41 Watling Street was built in 1952 and last sold on Jul 31, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 41 Watling Street is $251,264.
What are some comparable homes to 41 Watling Street?
There are currently no comparable homes to 41 Watling Street.
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