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Springfield 01105 Six Corners
473 Central St
$155,000
● House - Off Market

473 Central St

Springfield, MA 01105
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$207,264
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Captivating opportunity on Central Street. Fantastic grey Colonial located on fantastic fenced level lot. Excellent floor plan and layout make this a great place to have as a home. Bright formal living room, massive eat in kitchen with extensive dining area, well proportioned full bath, majestic Master Bedroom, and two additional bedrooms all with plenty of closet space. Extensive and dry lower level offer tons of future potential.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$124
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1990

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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 #72677649)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Jun 20, 2020 Listed by Executive Real Estate, Inc. $154,999
Listed by Executive Real Estate, Inc.
Nov 19, 2014 Sold
Premium
Sold
Jun 25, 2014 Listed by Executive Real Estate, Inc. $48,500
Listed by Executive Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7,523
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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: 801901

Zoning

  • Zoning: R2

Geography

  • Account Number: 25600118
  • Parcel: SPRI S:02560 P:0118
  • Municipality: SPRINGFIELD
  • Latitude: 42.0967
  • Longitude: -72.5653

    Address

  • Full Address: 473 Central St
  • Address - House Number: 473
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1633
  • Zip Code: 01105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,000

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 232,060
  • High Value: 273,819
  • Low Value: 190,302

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,500
  • Assessed Land Value: $22,900
  • Assessed Improvements Value: $146,600

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 60869
  • Previous Sale Recording Date: Nov 19, 2014
  • Previous Sale Amount: $46,100
  • 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 Six Corners

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1166 ft²

Average Home Age

94.3 years

Currently For Sale

4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72677649

Frequently Asked Questions

When was property at 473 Central Street built and last sold?
The property at 473 Central Street was built in 1990 and last sold on Oct 19, 2020 for $155,000.
How much is this home worth?
The estimated value of the home located at 473 Central Street is $152,371.
What are some comparable homes to 473 Central Street?
There are currently no comparable homes to 473 Central Street.
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