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Springfield 01118 Sixteen Acres
45 Wachusetts
$50,000
● House - Off Market

45 Wachusetts

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,258 Ft²
$222,784
RealtyHop Estimate
271.93%
Since Jan 1, 1997
National-US
Primary Model

About This Property

HANDY MAN SPECIAL PRICE TO SELL QUICK. WOOD FLOOR EXCEPT BATH AND KITCHEN. LAUNDRY HOOK-UP IN KITCHEN/PANTRY AREA OLDER HOME, MUCH CHARM. NEED TENDER LOVING CARE. EASY TO SHOW. SELLER WILL CONSIDER ALL OFFERS - CALL TODAY
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$48
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1937

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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 years ago (MLSPIN #30082346)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Jun 8, 2021 Listed by Landmark, REALTORS® $239,900
Listed by Landmark, REALTORS®
Dec 20, 1996 Sold
Premium
Sold
Jan 2, 1996 Listed by Landmark, REALTORS® $59,900
Listed by Landmark, REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • 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: 6,303
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000145
  • 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: R1

Geography

  • Account Number: 119100072
  • Parcel: SPRI S:11910 P:0072
  • Municipality: SPRINGFIELD
  • Latitude: 42.0929
  • Longitude: -72.5155

    Address

  • Full Address: 45 Wachusett St
  • Address - House Number: 45
  • Address - Street Name: Wachusett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2542
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,100

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 282,302
  • High Value: 342,538
  • Low Value: 222,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,900
  • Assessed Land Value: $53,800
  • Assessed Improvements Value: $162,100

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 51550
  • Previous Sale Recording Date: Dec 20, 1996
  • Previous Sale Amount: $50,000
  • 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:

$320,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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 years ago
Data Source: MLS PIN, MLS# 30082346

Frequently Asked Questions

When was property at 45 Wachusett Street built and last sold?
The property at 45 Wachusett Street was built in 1937 and last sold on Jul 23, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 45 Wachusett Street is $0.
What are some comparable homes to 45 Wachusett Street?
There are currently no comparable homes to 45 Wachusett Street.
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