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Springfield 01128 Sixteen Acres
45 Ruthven St
$260,000
● House - Off Market

45 Ruthven St

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$272,058
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

PROPERTY IS NOT FOR RENT! BE CAREFUL OF SCAMMERS! Check out this cozy remodeled ranch located on dead end street! Enter into the bright living room space featuring vaulted ceilings with a wood-lined accent and new stylish flooring that continues throughout entire house. BRAND NEW KITCHEN equipped with white cabinets & Quartz countertops. Additional living space included in the fully finished and enclosed three-season porch perfect for summer nights or morning coffee. BRAND NEW BATHROOM with modern fixtures, new tub/vanity/toilet, and fully tiled shower stall. Three bedrooms with new paint and flooring. Head outside to this home's charming deck overlooking the large, fenced yard space. Don't miss your chance, book a tour & make this Sixteen Acres yours!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$260
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1971

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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 #73034890)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 28, 2022 In contract -
In contract
Sep 9, 2022 Listed by Executive Real Estate, Inc. $259,999
Listed by Executive Real Estate, Inc.
Apr 22, 2022 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,501
  • Total Building Area: 1,032
  • Gross Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000379
  • 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: 801605

Zoning

  • Zoning: R6

Geography

  • Account Number: 104750082
  • Parcel: SPRI S:10475 P:0082
  • Municipality: SPRINGFIELD
  • Latitude: 42.0965
  • Longitude: -72.496

    Address

  • Full Address: 45 Ruthven St
  • Address - House Number: 45
  • Address - Street Name: Ruthven
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1137
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2161
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 277,016
  • High Value: 336,897
  • Low Value: 217,135

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,700
  • Assessed Land Value: $60,200
  • Assessed Improvements Value: $155,500

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64251
  • Previous Sale Recording Date: Apr 22, 2022
  • Previous Sale Contract Date: Apr 22, 2022
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 35
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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1371 ft²

Average Home Age

56.7 years

Currently For Sale

25 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73034890

Frequently Asked Questions

When was property at 45 Ruthven Street built and last sold?
The property at 45 Ruthven Street was built in 1971 and last sold on Oct 28, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 45 Ruthven Street is $263,233.
What are some comparable homes to 45 Ruthven Street?
There are currently no comparable homes to 45 Ruthven Street.
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