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Springfield 01109 Old Hill
45 Ladd St
$149,000
● House - Off Market

45 Ladd St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$219,681
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This Is The One You Have Been Waiting For!!!! Beautiful Colonial Style That Has Been Completed Remodeled, The First Floor Features Formal Dining Room And Living Room, Remodeled Half Bath, Beautiful New Kitchen With Granite Countertops And Top Of The Line Stainless Steel Appliances Which Will Remain For Buyers Enjoyment, Second floor has 3 Bedrooms And a Fully Remodeled Full Bath! All Replacement Windows Throughout The House, New Gutters, New Forced Air Gas Furnace Which Can Easily Have Central Air Added, NEW WATER HEATER and Huge Fenced In Backyard, Perfect For Cookouts and Entertaining. Small Drive way just needs curb cut perfect to park at least 1 Car. House Is Located On A Very Quiet Street Next To Springfield College. Will Not Last!!! Schedule Your Showing Before It's Too Late.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$115
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1912

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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 #72519571)

Price History

Date / Event Date Event Price
Sep 4, 2019 Sold
Premium
Sold
Jun 15, 2019 Listed by Gallagher Real Estate $149,888
Listed by Gallagher Real Estate
Nov 1, 2018 Sold
Premium
Sold
Sep 27, 2018 Listed by Gallagher Real Estate $49,500
Listed by Gallagher Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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
  • 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: 3,572
  • Total Building Area: 1,172
  • Gross Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000082
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 74250010
  • Parcel: SPRI S:07425 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.1034
  • Longitude: -72.5607

    Address

  • Full Address: 45 Ladd St
  • Address - House Number: 45
  • Address - Street Name: Ladd
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C007
  • 4-Digit Zip Code: 3307
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,400

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 242,050
  • High Value: 295,366
  • Low Value: 188,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,400
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50535
  • Previous Sale Recording Date: Nov 01, 2018
  • Previous Sale Amount: $46,500
  • 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 Old Hill

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2961 ft²

Average Home Age

119.1 years

Currently For Sale

7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72519571

Frequently Asked Questions

When was property at 45 Ladd Street built and last sold?
The property at 45 Ladd Street was built in 1912 and last sold on Sep 3, 2019 for $147,000.
How much is this home worth?
The estimated value of the home located at 45 Ladd Street is $151,706.
What are some comparable homes to 45 Ladd Street?
There are currently no comparable homes to 45 Ladd Street.
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