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Springfield 01104 East Springfield
49 Redlands Street
Photo of 49 Redlands Street
Sold on Jun 2, 2005

1

Map

$122,000
● House - Off Market

49 Redlands Street

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$215,738
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model

About This Property

Nice 3 bedroom ranch, updated bath, hardwood floors, new windows, enclosed front porch, cozy eat-in kitchen, well- maintained, built-in oven, gas top range, new hot water heater.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$140
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1925

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70112319)

Price History

Date / Event Date Event Price
Jun 3, 2005 Sold
Premium
Sold
Nov 2, 2004 Listed $120,900
Listed
Jul 2, 1993 Sold
Premium
Sold
May 10, 1993 Listed $61,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 16
  • Exterior Walls Type: 18
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 101150102
  • Parcel: SPRI S:10115 P:0102
  • Municipality: SPRINGFIELD
  • Latitude: 42.1339
  • Longitude: -72.5621

    Address

  • Full Address: 49 Redlands St
  • Address - House Number: 49
  • Address - Street Name: Redlands
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 2909
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $243,100

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 196,556
  • High Value: 231,016
  • Low Value: 162,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,600
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $107,900

    Sales

  • Current Sale Recording Date: Jun 03, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 02, 1993
  • Previous Sale Amount: $57,500
  • 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 East Springfield

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1332 ft²

Average Home Age

78.7 years

Currently For Sale

16 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# 70112319

Frequently Asked Questions

When was property at 49 Redlands Street built and last sold?
The property at 49 Redlands Street was built in 1925 and last sold on Jan 1, 1970 for $121,500.
How much is this home worth?
The estimated value of the home located at 49 Redlands Street is $126,558.
What are some comparable homes to 49 Redlands Street?
There are currently no comparable homes to 49 Redlands Street.
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