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Springfield 01107 Memorial Square
460 Chestnut St
$215,000
● House - Off Market

460 Chestnut St

Springfield, MA 01107
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,792 Ft²
$222,594
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Welcome to your new home!!! This home offers newly remodeled interior within the last 2 years. All the "bones" of the house were also updated 2 years ago due to a fire -new gas furnace, new hot water tank, new sewer line, new roof, etc. There is also a central air compressor ready to be connected for buyer's enjoyment! The first floor offers a full bath for your guests. The second floor offers 4 bedrooms with a full bath. This property is close to various amenities. Camera system in use that can be left for buyer's enjoyment! ***Visit our OPEN HOUSE Saturday 6/26 11:30AM-1:30PM******Highest & Best by Tuesday 6/28 @5pm***
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$109
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1909

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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 years ago (MLSPIN #72853287)

Price History

Date / Event Date Event Price
Aug 25, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by Keller Williams Realty $194,500
Listed by Keller Williams Realty
Jun 2, 1998 Sold
Premium
Sold
Dec 9, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 2,814
  • Total Building Area: 1,792
  • Gross Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000065
  • 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: 800800

Zoning

  • Zoning: R2

Geography

  • Account Number: 27500144
  • Parcel: SPRI S:02750 P:0144
  • Municipality: SPRINGFIELD
  • Latitude: 42.1138
  • Longitude: -72.598

    Address

  • Full Address: 460 Chestnut St
  • Address - House Number: 460
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2008
  • Zip Code: 01107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,900

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 239,635
  • High Value: 290,645
  • Low Value: 188,625

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,600
  • Assessed Land Value: $20,300
  • Assessed Improvements Value: $160,300

    Sales

  • Current Sale Contract Date: Aug 25, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 59699
  • Previous Sale Recording Date: Jun 02, 1998
  • Previous Sale Amount: $4,300
  • 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 Memorial Square

Stats & Trends

Median Asking:

$434,900

Sale Price/ft²

$125

Below Asking

0.01%

Average Days on Market

78

Average Home Size

2519 ft²

Average Home Age

73.6 years

Currently For Sale

5 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72853287

Frequently Asked Questions

When was property at 460 Chestnut Street built and last sold?
The property at 460 Chestnut Street was built in 1909 and last sold on Aug 25, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 460 Chestnut Street is $0.
What are some comparable homes to 460 Chestnut Street?
There are currently no comparable homes to 460 Chestnut Street.
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