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Springfield 01119 Sixteen Acres
42 Redden St
$237,000
● House - Off Market

42 Redden St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$205,330
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

This three bedroom Ranch is looking for it's new owner. Vinyl sided, with replacement windows, central air, shed and a fenced yard. Hardwood flooring under the carpeting in all three bedrooms and the living room(apo). Large kitchen with eat-in area which opens into the bright living room. Sellers are leaving the refrigerator, stove, dishwasher as well as the washer and dryer. This property also has a partially finished basement. Natural gas for heat and hot water. Enjoy the fenced yard, great for the pets too! Plenty of room in the shed for yard and garden equipment. This location is convenient to area amenities, stores, gas, restaurants.
Unit Size
999 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$195
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1960

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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 #72934298)

Price History

Date / Event Date Event Price
Feb 24, 2022 Sold
Premium
Sold
Jan 16, 2022 Listed by Landmark, REALTORS® $195,000
Listed by Landmark, REALTORS®
Jul 1, 2003 Sold
Premium
Sold
May 9, 2003 Listed by Landmark, REALTORS® $134,000
Listed by Landmark, REALTORS®

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 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: 7,876
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000181
  • 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: 101100007
  • Parcel: SPRI S:10110 P:0007
  • Municipality: SPRINGFIELD
  • Latitude: 42.1177
  • Longitude: -72.5012

    Address

  • Full Address: 42 Redden St
  • Address - House Number: 42
  • Address - Street Name: Redden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2632
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,800

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 270,092
  • High Value: 328,584
  • Low Value: 211,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,300
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $167,300

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11842
  • Previous Sale Recording Date: Jul 01, 2003
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 27
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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72934298

Frequently Asked Questions

When was property at 42 Redden Road built and last sold?
The property at 42 Redden Road was built in 1960 and last sold on Feb 24, 2022 for $237,000.
How much is this home worth?
The estimated value of the home located at 42 Redden Road is $201,287.
What are some comparable homes to 42 Redden Road?
There are currently no comparable homes to 42 Redden Road.
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