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Springfield 01109 Pine Point
476 Berkshire Ave
$310,000
● House - Off Market

476 Berkshire Ave

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$1,654
Est. Monthly

About This Property

Welcome to 476 Berkshire Ave. This lovely RANCH  is the HOME you've been waiting for. You will love the eat-in Kitchen with quartz countertops and stainless steel appliances. THREE bedrooms, living room and full bath completes the main floor living. Hardwood flooring throughout rooms on main level. Finished basement with large living area, additional space and a full bath with washer dryer hookups. The back porch and CARPORT complete this beautiful home. On bus route and minutes from major highways, public schools, shopping, and house of worship.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$199
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #73257651)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 2, 2024 In contract -
In contract
Jun 26, 2024 Listed by Berkshire Hathaway HomeServices Realty Professionals $291,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Feb 8, 2024 Sold
Premium
Sold
Dec 7, 2023 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,926
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000159
  • 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: 801502

Zoning

  • Zoning: R1

Geography

  • Account Number: 13400070
  • Parcel: SPRI S:01340 P:0070
  • Municipality: SPRINGFIELD
  • Latitude: 42.1349
  • Longitude: -72.5314

    Address

  • Full Address: 476 Berkshire Ave
  • Address - House Number: 476
  • Address - Street Name: Berkshire
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1005
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $248,600

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 198,578
  • High Value: 215,925
  • Low Value: 181,232

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,800
  • Assessed Land Value: $34,400
  • Assessed Improvements Value: $111,400

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5535
  • Previous Sale Recording Date: Apr 15, 2005
  • Previous Sale Amount: $125,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$296,500

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1393 ft²

Average Home Age

87.2 years

Currently For Sale

26 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: 6 months ago
Data Source: MLS PIN, MLS# 73257651

Frequently Asked Questions

When was property at 476 Berkshire Avenue built and last sold?
The property at 476 Berkshire Avenue was built in 1958 and last sold on Feb 1, 2024 for $170,000.
How much is this home worth?
The estimated value of the home located at 476 Berkshire Avenue is $294,386.
What are some comparable homes to 476 Berkshire Avenue?
There are currently no comparable homes to 476 Berkshire Avenue.
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