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Springfield 01105 Six Corners
449 Hancock St
$180,000
● House - Off Market

449 Hancock St

Springfield, MA 01105
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,292 Ft²
$172,860
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Rare opportunity to buy this delightful Colonial home. The ideal combination of comfortable living, convenient location, and reasonable price includes three upstairs bedrooms and two full bathrooms. Freshly painted, new wall-to-wall carpeting, and vinyl flooring The mechanicals include a newer Utica gas boiler, a Rheem hot water heater, and a circuit breaker panel. The unfinished walk-up attic can be finished for additional storage space. You can't beat this for real value!
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$132
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1914

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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 #73061009)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Dec 16, 2022 In contract -
In contract
Nov 28, 2022 Listed by RE/MAX IGNITE $169,900
Listed by RE/MAX IGNITE
Sep 8, 2009 Sold
Premium
Sold
Jul 9, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 2,892
  • Total Building Area: 1,292
  • Gross Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGBROOK ESTATE COND
  • Land Acres: 0000000066
  • 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: 801901

Zoning

  • Zoning: R2

Geography

  • Account Number: 62500131
  • Parcel: SPRI S:06250 P:0131
  • Municipality: SPRINGFIELD
  • Latitude: 42.0963
  • Longitude: -72.5663

    Address

  • Full Address: 449 Hancock St
  • Address - House Number: 449
  • Address - Street Name: Hancock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1613
  • Zip Code: 01105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $163,500
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 182,568
  • High Value: 221,227
  • Low Value: 143,908

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,900
  • Assessed Land Value: $20,300
  • Assessed Improvements Value: $75,600

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 16106
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Amount: $39,000
  • 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 Six Corners

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1166 ft²

Average Home Age

94.3 years

Currently For Sale

4 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# 73061009

Frequently Asked Questions

When was property at 449 Hancock Street built and last sold?
The property at 449 Hancock Street was built in 1914 and last sold on Apr 10, 2023 for $180,000.
How much is this home worth?
The estimated value of the home located at 449 Hancock Street is $166,453.
What are some comparable homes to 449 Hancock Street?
There are currently no comparable homes to 449 Hancock Street.
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