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Springfield 01104 Liberty Heights
44 Melville St
$185,000
● House - Off Market

44 Melville St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$257,259
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Stunning remodel with pride!  This home has been remodeled with care.  Fantastic curb appeal with new replacement windows, white vinyl siding, black shutters, attached garage with new garage door and a flat, clean back yard to enjoy.  The interior is impressive with lots of updates and high end finishes.  The kitchen has all new cabinets, counters, flooring and completely outfitted with new appliances. Living room is spacious with French doors and lots of natural sunlight! Lots of hardwood flooring.  The 1st floor bedrooms are well sized and the bath on the 1st floor is beautiful.  The 2nd floor is one large open bedroom perfect for kids suite or master bedroom.  There is a new gas forced air heating system with central air as well.   Make an appointment today to see all this home has to offer.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$150
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1937

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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 #72613680)

Price History

Date / Event Date Event Price
Mar 18, 2020 Sold
Premium
Sold
Jan 30, 2020 Listed by Real Living Realty Professionals, LLC $179,900
Listed by Real Living Realty Professionals, LLC
Jun 11, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3,999
  • Total Building Area: 1,084
  • Gross Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000092
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 85300009
  • Parcel: SPRI S:08530 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1307
  • Longitude: -72.5683

    Address

  • Full Address: 44 Melville St
  • Address - House Number: 44
  • Address - Street Name: Melville
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2731
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,400

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 270,099
  • High Value: 326,939
  • Low Value: 213,259

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,500
  • Assessed Land Value: $31,800
  • Assessed Improvements Value: $166,700

    Sales

  • Current Sale Contract Date: Mar 10, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14527
  • Previous Sale Recording Date: Jun 11, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: O
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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1862 ft²

Average Home Age

89.9 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 72613680

Frequently Asked Questions

When was property at 44 Melville Street built and last sold?
The property at 44 Melville Street was built in 1937 and last sold on Mar 10, 2020 for $185,000.
How much is this home worth?
The estimated value of the home located at 44 Melville Street is $186,819.
What are some comparable homes to 44 Melville Street?
There are currently no comparable homes to 44 Melville Street.
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