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Springfield 01119 Sixteen Acres
45 Vann Street
$300,000
● House - Off Market

45 Vann Street

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,148 Ft²
$286,011
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Great opportunity to own in Springfield.  This 3 bedroom split level home is close to everything yet seems very private.  Enjoy the quiet, fully fenced in back yard from you deck just off the kitchen.  This home, lawn and landscaping have been very well maintained.  Plenty of closet space in all bedrooms.  Fresh interior paint, new flooring and carpet help make this home move in ready.  There is also a lawn irrigation system, central air, and a 2 car garage with extra work space.  Enjoy the fireplace in the living room on those cooler nights.  This home will check a lot of boxes for buyers so do not miss out on this opportunity.
Unit Size
1,148 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$240
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1995

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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 #72999647)

Price History

Date / Event Date Event Price
Sep 22, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by Neilsen Realty LLC $275,000
Listed by Neilsen Realty LLC
Jan 24, 1995 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,799
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 1,148
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,148
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 118210065
  • Parcel: SPRI S:11821 P:0065
  • Municipality: SPRINGFIELD
  • Latitude: 42.1263
  • Longitude: -72.4982

    Address

  • Full Address: 45 Vann St
  • Address - House Number: 45
  • Address - Street Name: Vann
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1024
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 303,537
  • High Value: 365,081
  • Low Value: 241,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,400
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Sep 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 57179
  • Previous Sale Recording Date: Jan 24, 1995
  • Previous Sale Amount: $119,900
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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: 4 months ago
Data Source: MLS PIN, MLS# 72999647

Frequently Asked Questions

When was property at 45 Vann Street built and last sold?
The property at 45 Vann Street was built in 1995 and last sold on Sep 22, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 45 Vann Street is $282,745.
What are some comparable homes to 45 Vann Street?
There are currently no comparable homes to 45 Vann Street.
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