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Chelsea 02150 Prattville
47 Springvale Ave
$283,000
● House - Off Market

47 Springvale Ave

Chelsea, MA 02150
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,512 Ft²
$553,042
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Estate Sale.  Being Sold "as is".  Nice single family overall in good condition. Bring your finishing touches!  2 levels of living space. Huge yard! All info is gathered by public records & should be verified by buyer.  Note: public records use: 2 family residence; currently used as single family.  In-law potential.  Subject to obtaining license to sell.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$192
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1960

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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 months ago (MLSPIN #71573344)

Price History

Date / Event Date Event Price
Dec 12, 2013 Sold
Premium
Sold
Aug 22, 2013 Listed by RE/MAX Leading Edge $289,900
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 560
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,303
  • Total Building Area: 1,638
  • Gross Building Area: 3,304
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 20285-A
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Chelsea School District
  • School Tax School District: CHELSEA SD
  • Census Tract: 160602

Zoning

  • Zoning: R1

Geography

  • Account Number: 44390015
  • Parcel: CHEL M:088 P:076
  • Municipality: CHELSEA
  • Latitude: 42.4094
  • Longitude: -71.0332

    Address

  • Full Address: 47 Springvale Ave
  • Address - House Number: 47
  • Address - Street Name: Springvale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Chelsea
  • Carrier Code: C072
  • 4-Digit Zip Code: 1129
  • Zip Code: 02150

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $712,700

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 667,613
  • High Value: 790,978
  • Low Value: 544,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,700
  • Assessed Land Value: $207,900
  • Assessed Improvements Value: $367,800

    Sales

  • Current Sale Recording Date: Dec 12, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 826649
  • Previous Sale Recording Date: Dec 12, 2013
  • Previous Sale Amount: $283,000
  • 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 Prattville

Stats & Trends

Median Asking:

$724,900

Sale Price/ft²

$367

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2826 ft²

Average Home Age

85.7 years

Currently For Sale

7 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 months ago
Data Source: MLS PIN, MLS# 71573344

Frequently Asked Questions

When was property at 47 Springvale Avenue built and last sold?
The property at 47 Springvale Avenue was built in 1960 and last sold on Jan 1, 1970 for $283,000.
How much is this home worth?
The estimated value of the home located at 47 Springvale Avenue is $303,709.
What are some comparable homes to 47 Springvale Avenue?
There are currently no comparable homes to 47 Springvale Avenue.
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