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Springfield 01109 Pine Point
45 Rush St
$155,000
● House - Off Market

45 Rush St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,421 Ft²
$227,223
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Charm and warmth through out, with many significant improvements over the years. Large first floor Master Bedroom addition with gas fire place, sitting area and laundry for you convenience. Kitchen has been nicely remodeled providing nice work are, good amount of cabinets and counter space and flows nicely into the dining room. Upstairs there  are three bedrooms and nicely updated bathroom. The major improvement on the outside, windows siding and roof were done approx. 12 years ago. The fenced yard is just as lovely. You can see the owners passion for flowers and nature  as evident by the koi pond and the landscaping. The garage has been turned into a storage and a covered patio area.
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$105
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1921

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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 #72321371)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
May 4, 2018 Listed by Coldwell Banker Residential Brokerage - Chicopee $149,900
Listed by Coldwell Banker Residential Brokerage - Chicopee
Nov 5, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Total Building Area: 1,421
  • Gross Building Area: 1,421
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • 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: 801502

Zoning

  • Zoning: R1

Geography

  • Account Number: 104500013
  • Parcel: SPRI S:10450 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1347
  • Longitude: -72.529

    Address

  • Full Address: 45 Rush St
  • Address - House Number: 45
  • Address - Street Name: Rush
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1118
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $432,000

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 295,805
  • High Value: 360,962
  • Low Value: 230,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,400
  • Assessed Land Value: $33,300
  • Assessed Improvements Value: $220,100

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37253
  • Previous Sale Recording Date: Nov 05, 1987
  • Previous Sale Amount: $79,900
  • 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 Pine Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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# 72321371

Frequently Asked Questions

When was property at 45 Rush Street built and last sold?
The property at 45 Rush Street was built in 1921 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 45 Rush Street is $160,966.
What are some comparable homes to 45 Rush Street?
There are currently no comparable homes to 45 Rush Street.
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