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Springfield 01119 Sixteen Acres
47 Granger St
$258,000
● House - Off Market

47 Granger St

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$263,720
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Adorable brick Cape with Four spacious bedrooms. Gleaming hardwoods and fresh paint throughout! The kitchen has been updated with new granite countertops and custom stone backsplash. Flow right into the sun filled living room with oversized window. The main bedroom is located on the first floor along with the full bath and an additional bedroom, allowing for one floor living or a great sized office or playroom. The second floor provides two large bedrooms and tons of storage space in the eves. Located close proximity to Western New England University, 16 Acres Garden Center, and other local amenities. With new landscaping and a private backyard, this house is ready to become your next home!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$192
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1953

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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 #73031261)

Price History

Date / Event Date Event Price
Nov 21, 2022 Sold
Premium
Sold
Oct 19, 2022 In contract -
In contract
Sep 27, 2022 Price Decreased $249,900
↓ $15K (5.7%)
Price Decreased
Sep 27, 2022 Price Increased $265,000
↑ $15K (6%)
Price Increased
Sep 24, 2022 Price Decreased $249,900
↓ $5K (2%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 2
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 2
  • 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: 10,598
  • Total Building Area: 868
  • Gross Building Area: 868
  • Building Area: 868
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 868
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 59300053
  • Parcel: SPRI S:05930 P:0053
  • Municipality: SPRINGFIELD
  • Latitude: 42.119
  • Longitude: -72.5131

    Address

  • Full Address: 47 Granger St
  • Address - House Number: 47
  • Address - Street Name: Granger
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2409
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 328,195
  • High Value: 381,427
  • Low Value: 274,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,300
  • Assessed Land Value: $49,800
  • Assessed Improvements Value: $266,500

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Nov 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 68678
  • Previous Sale Recording Date: Mar 31, 2022
  • Previous Sale Contract Date: Mar 30, 2022
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: 71
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 73031261

Frequently Asked Questions

When was property at 47 Granger Street built and last sold?
The property at 47 Granger Street was built in 1953 and last sold on Nov 21, 2022 for $258,000.
How much is this home worth?
The estimated value of the home located at 47 Granger Street is $259,441.
What are some comparable homes to 47 Granger Street?
There are currently no comparable homes to 47 Granger Street.
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