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Springfield 01109 McKnight
43 Ingersoll Grove
$204,000
● House - Off Market

43 Ingersoll Grove

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,951 Ft²
$237,337
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Priced to Sell! This three bed two bath Cape style home located in the beautiful Historic Hill Mcknight district boasts a lot of potential with good bones and many updates already done. With the roof being approximately 3 years old as well as a newer furnace and hot water heater and a recently renovated kitchen, a little cosmetic TLC could go a long way. Other niceties include central air conditioning, a master bed and bathroom upstairs with a bonus room that could be an additional bedroom or office, and a wide open basement offering plenty of storage that is waiting to be finished, and an attached one care garage. If you're looking for an spacious house in a great neighborhood to build some sweat equity, come see this property!
Unit Size
1,951 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$115
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1948

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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 months ago (MLSPIN #73025331)

Price History

Date / Event Date Event Price
Nov 1, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $87,000
Relisted
Aug 15, 2022 Listed by Eric Cassidy $224,900
Listed by Eric Cassidy
Sep 2, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 130
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,387
  • Total Building Area: 1,951
  • Gross Building Area: 1,951
  • Building Area: 1,951
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,951
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000376
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 69250048
  • Parcel: SPRI S:06925 P:0048
  • Municipality: SPRINGFIELD
  • Latitude: 42.1164
  • Longitude: -72.5752

    Address

  • Full Address: 43 Ingersoll Grv
  • Address - House Number: 43
  • Address - Street Name: Ingersoll
  • Address - Suffix Type: Grv
  • State: MA
  • City Name: Springfield
  • Carrier Code: C001
  • 4-Digit Zip Code: 4010
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 263,793
  • High Value: 320,985
  • Low Value: 206,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,600
  • Assessed Land Value: $24,600
  • Assessed Improvements Value: $202,000

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65038
  • Previous Sale Recording Date: Sep 02, 2011
  • Previous Sale Amount: $85,000
  • 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 McKnight

Stats & Trends

Median Asking:

$299,950

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2973 ft²

Average Home Age

125.8 years

Currently For Sale

9 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73025331

Frequently Asked Questions

When was property at 43 Ingersoll Grove built and last sold?
The property at 43 Ingersoll Grove was built in 1948 and last sold on Nov 1, 2022 for $204,000.
How much is this home worth?
The estimated value of the home located at 43 Ingersoll Grove is $227,252.
What are some comparable homes to 43 Ingersoll Grove?
There are currently no comparable homes to 43 Ingersoll Grove.
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