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Springfield 01104 East Springfield
45 Redlands St
$178,000
● House - Off Market

45 Redlands St

Springfield, MA 01104
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,932 Ft²
$256,316
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

UNIQUE OPPORTUNITY!  This larger than it looks,  remodeled, "well cared for", 5 bedroom, 2 full bath home has a rare layout that offers an excellent chance for an in-law suite or use all 5 bedrooms and 2 baths for your individual requirements. The first floor features a remodeled kitchen and full bathroom, 3 bedrooms, living room and dining room.  On the second floor you have a second kitchen area, remodeled full bathroom, 2 bedrooms and a family room.  The fenced yard and enclosed front porch provide you with outdoor areas to enjoy.  So much space just waiting for you to make your own.  Call now and check out this special home.
Unit Size
1,932 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$91
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1927

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72534038)

Price History

Date / Event Date Event Price
Oct 7, 2019 Sold
Premium
Sold
Jul 14, 2019 Listed by Real Living Realty Professionals, LLC $175,000
Listed by Real Living Realty Professionals, LLC
Mar 30, 1999 Sold
Premium
Sold
Jan 4, 1999 Listed by Real Living Realty Professionals, LLC $75,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 101150103
  • Parcel: SPRI S:10115 P:0103
  • Municipality: SPRINGFIELD
  • Latitude: 42.1337
  • Longitude: -72.5621

    Address

  • Full Address: 45 Redlands St
  • Address - House Number: 45
  • Address - Street Name: Redlands
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 2909
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $316,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 285,135
  • High Value: 347,647
  • Low Value: 222,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,600
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $150,900

    Sales

  • Current Sale Contract Date: Oct 03, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 58000
  • Previous Sale Recording Date: Mar 30, 1999
  • Previous Sale Amount: $72,500
  • 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 East Springfield

Stats & Trends

Median Asking:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1332 ft²

Average Home Age

78.7 years

Currently For Sale

16 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72534038

Frequently Asked Questions

When was property at 45 Redlands Street built and last sold?
The property at 45 Redlands Street was built in 1927 and last sold on Oct 3, 2019 for $178,000.
How much is this home worth?
The estimated value of the home located at 45 Redlands Street is $172,975.
What are some comparable homes to 45 Redlands Street?
There are currently no comparable homes to 45 Redlands Street.
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