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Springfield 01109 Pine Point
42 Elaine Circle
$355,000
● House - Off Market

42 Elaine Circle

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$511,740
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Another home in the Elaine Circle development is here! This large five bedroom, exquisite home offers luxury living! The open floor plan on the first floor has gleaming hardwood floors, a granite gas fireplace, recessed lighting, central heat/air an impeccable kitchen complete with granite countertops, custom cabinetry, an island, tiled floors, and sliding glass doors leading to the deck in the backyard. Dining room, bedroom, and full bath is also located on the first floor. But the best part: Who wouldn't LOVE a master suite with a large walk in closet, master bath has a "his and hers" double vanity, stand up shower and soaking tub!! Get the best of the best and call today for a showing!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$138
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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: 5 years ago (MLSPIN #72598859)

Price History

Date / Event Date Event Price
Apr 27, 2020 Sold
Premium
Sold
Dec 6, 2019 Listed by Executive Real Estate, Inc. $359,900
Listed by Executive Real Estate, Inc.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,132
  • Total Building Area: 2,828
  • Gross Building Area: 2,828
  • Building Area: 2,828
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,828
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 801501

Zoning

  • Zoning: RA

Geography

  • Account Number: 44700020
  • Parcel: SPRI S:04470 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.129
  • Longitude: -72.5325

    Address

  • Full Address: 42 Elaine Cir
  • Address - House Number: 42
  • Address - Street Name: Elaine
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1205
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 413,324
  • High Value: 487,700
  • Low Value: 338,947

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,600
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $337,000

    Sales

  • Current Sale Contract Date: Apr 06, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20929
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 Pine Point

Stats & Trends

Median Asking:

$298,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1435 ft²

Average Home Age

86 years

Currently For Sale

27 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: 5 years ago
Data Source: MLS PIN, MLS# 72598859

Frequently Asked Questions

When was property at 42 Elaine Circle built and last sold?
The property at 42 Elaine Circle was built in 2020 and last sold on Apr 6, 2020 for $355,000.
How much is this home worth?
The estimated value of the home located at 42 Elaine Circle is $0.
What are some comparable homes to 42 Elaine Circle?
There are currently no comparable homes to 42 Elaine Circle.
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