$230,000
●
Multifamily -
Off Market
46 Pendleton Ave
Springfield, MA 01109
5 Beds
3 Baths
1,734 Ft²
$217,492
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
HIGHEST AND BEST OFFER DUE MONDAY, 6/6/22 AT 5PM! Owner occupants
and investors, this house is a must see! The First-floor features
three large bedrooms and one full bathroom. One of the bedrooms has
a separate entrance and a walk-in closet that would be perfect for
a home office. The Newer cabinets in the eat-in kitchen offers
plenty of storage. There is also brand-new carpeting and flooring
throughout. Going up the to the Second-floor unit, you will be
impressed with the huge Deck, perfect for outdoor dining and
entertaining. This unit needs some finishing touches to really meet
its full potential but there are tons of features to work with
including a large master bedroom suite with its own private
bathroom, a Huge Eat-in Kitchen and a laundry room. There is Gas
Heat in both units, parking for about 10 cars, a spacious and level
backyard and a huge basement with plenty of storage room. This
multi-family is waiting to produce income!
Unit Size
1,734 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$124
Property Type
Multifamily
Property Taxes
$231
HOA Dues
-
Year Built
1913
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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 years ago (MLSPIN #72991291)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details
Full Bathrooms: 3
Interior Features: Unit 1(Walk-In Closet, Bathroom With Tub & Shower), Unit 2(Bathroom with Shower Stall, Bathroom With Tub), Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room)
Appliances: Unit 1(Range), Unit 2(Washer, Dryer), Gas Water Heater, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
Flooring Type: Carpet, Wood Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
Laundry Features: Washer Hookup, Unit 2 Laundry Room
Rooms: 9
Basement: Full, Interior Entry, Concrete
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Composite
Lead Paint: Certified Treated
Lot Features: Level
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Zoning: R2
Parcel Number: S:09630 P:0010, 2601058
Water Source: Public
Financial Details
Tax Assessed Value: $147,500
Tax Annual Amount: $2,776
Utilities Details
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/02/2022
| |
5 Bed
|
3 Bath
|
1734 ft²
|
$215,000
5 Bed
3 Bath
1734 ft²
|
$230,000
+6.98%
06/30/2022
|
Amy Mateus
Grace Group Realty, LLC
|
|
11/22/2012
| |
6 Bed
|
2 Bath
|
1734 ft²
|
$49,900
6 Bed
2 Bath
1734 ft²
|
$45,000
-9.82%
01/18/2013
|
James Macchio
Century 21 Hometown Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017