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Springfield 01119 Boston Road
47 Phillips Ave
$224,500
● House - Off Market

47 Phillips Ave

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$237,854
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Beautifully maintained Ranch, just pack & move!!! Walk into this inviting, open floor concept home with many updates in the past few years including newer floors in the kitchen and bathroom, roof, stone patio, master bedroom addition, driveway, partially finished basement & above ground pool to name a few.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$208
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1956

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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 #72919019)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Nov 11, 2021 Listed by HRA Realty, LLC $219,900
Listed by HRA Realty, LLC
Jul 15, 2016 Sold
Premium
Sold
Jun 20, 2005 Sold
Premium
Sold
Apr 29, 2005 Listed by HRA Realty, LLC $104,900
Listed by HRA Realty, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 1,105
  • Gross Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,105
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 801503

Zoning

  • Zoning: R1

Geography

  • Account Number: 96850037
  • Parcel: SPRI S:09685 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.1365
  • Longitude: -72.5134

    Address

  • Full Address: 47 Phillips Ave
  • Address - House Number: 47
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C038
  • 4-Digit Zip Code: 1621
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 264,071
  • High Value: 317,175
  • Low Value: 210,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,900
  • Assessed Land Value: $38,900
  • Assessed Improvements Value: $183,000

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4374
  • Previous Sale Recording Date: Jul 15, 2016
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: O
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 Boston Road

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1360 ft²

Average Home Age

72.2 years

Currently For Sale

6 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72919019

Frequently Asked Questions

When was property at 47 Phillips Avenue built and last sold?
The property at 47 Phillips Avenue was built in 1956 and last sold on Jan 21, 2022 for $224,500.
How much is this home worth?
The estimated value of the home located at 47 Phillips Avenue is $221,586.
What are some comparable homes to 47 Phillips Avenue?
There are currently no comparable homes to 47 Phillips Avenue.
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