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Springfield 01119 Sixteen Acres
42 Brewster St
$325,000
● House - Off Market

42 Brewster St

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,451 Ft²
$313,809
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Beautifully updated 4 bedroom Cape. This home features an impressive updated kitchen with wide rail shaker cabinets, soft close drawers, tiled backsplash, quartzite countertops and new stainless steel appliances.  Updated bathrooms with tile shower/floor and new vanities.  Gleaming hardwood flooring throughout and fresh paint. Mudroom off the kitchen with access to the front, garage and private back yard.  Other updates include vinyl windows, roof, updated plumbing and electrical.  Economical heat with gas forced air, AC.  Room for potential expansion in the basement.  Prime Sixteen Acre location close to shopping, restaurants. ***HIGHEST & BEST DUE 9/3/22 @ 6PM.***
Unit Size
1,451 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$207
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1950

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: 6 months ago (MLSPIN #73030538)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Aug 30, 2022 Listed by Mulberry Real Estate Group $299,900
Listed by Mulberry Real Estate Group
Feb 14, 2022 Sold
Premium
Sold
Mar 9, 1999 Sold
Premium
Sold
Nov 10, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,199
  • Total Building Area: 1,361
  • Gross Building Area: 1,361
  • Building Area: 1,361
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,361
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 18200011
  • Parcel: SPRI S:01820 P:0011
  • Municipality: SPRINGFIELD
  • Latitude: 42.1221
  • Longitude: -72.4994

    Address

  • Full Address: 42 Brewster St
  • Address - House Number: 42
  • Address - Street Name: Brewster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2554
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 304,180
  • High Value: 366,661
  • Low Value: 241,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,900
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $174,900

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60707
  • Previous Sale Recording Date: Feb 14, 2022
  • Previous Sale Contract Date: Feb 14, 2022
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1338 ft²

Average Home Age

50.8 years

Currently For Sale

29 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: 6 months ago
Data Source: MLS PIN, MLS# 73030538

Frequently Asked Questions

When was property at 42 Brewster Street built and last sold?
The property at 42 Brewster Street was built in 1950 and last sold on Oct 11, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 42 Brewster Street is $306,548.
What are some comparable homes to 42 Brewster Street?
There are currently no comparable homes to 42 Brewster Street.
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