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Springfield 01104 Liberty Heights
49 Drexel Street
$170,000
● House - Off Market

49 Drexel Street

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,422 Ft²
$276,660
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Price Reduced!!  Motivated Seller. Lots of upgrades! This home has lots of windows that let in beautiful natural light. Master bedroom is spacious and has a walk-in closet. Full and half baths are updated, clean and bright. The large eat-in kitchen has a brand new gas range, dishwasher, disposal and microwave. Efficient LED lighting throughout. Hardwired smoke detectors and CO2 detectors. New Savannah hickory laminate flooring, new tile and carpet, new hot water tank, updated electrical and new roof.  Come see this lovely home for yourself.
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$118
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1919

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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 #72083161)

Price History

Date / Event Date Event Price
Mar 17, 2017 Sold
Premium
Sold
Oct 19, 2016 Listed by Keller Williams Realty $167,900
Listed by Keller Williams Realty
Feb 12, 2016 Sold
Premium
Sold
Oct 27, 2015 Listed by Keller Williams Realty $59,900
Listed by Keller Williams Realty
Nov 1, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,270
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000167
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 41000111
  • Parcel: SPRI S:04100 P:0111
  • Municipality: SPRINGFIELD
  • Latitude: 42.1257
  • Longitude: -72.5716

    Address

  • Full Address: 49 Drexel St
  • Address - House Number: 49
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2017
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $352,100

    Appraisal Valuation

  • Standard Deviation: 0.2092
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 278,955
  • High Value: 337,325
  • Low Value: 220,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,500
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $172,000

    Sales

  • Current Sale Recording Date: Mar 17, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14037
  • Previous Sale Recording Date: Feb 12, 2016
  • Previous Sale Amount: $54,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$199

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1890 ft²

Average Home Age

91.8 years

Currently For Sale

33 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# 72083161

Frequently Asked Questions

When was property at 49 Drexel Street built and last sold?
The property at 49 Drexel Street was built in 1919 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 49 Drexel Street is $171,239.
What are some comparable homes to 49 Drexel Street?
There are currently no comparable homes to 49 Drexel Street.
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