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Palmer Town 01080
49 Springfield Street
Photo of 49 Springfield Street
Sold on Sep 16, 2005

1

Map

$123,600
● House - Off Market

49 Springfield Street

Palmer, MA 01080
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,355 Ft²
$260,528
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

In town location, 3 bedroom colonial in need of much updating. Many hardwood floors.  Nice yard.
Unit Size
1,355 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$111
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1880

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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: 6 months ago (MLSPIN #70227280)

Price History

Date / Event Date Event Price
Feb 16, 2021 Sold
Premium
Sold
Dec 16, 2020 Listed $239,900
Listed
Oct 2, 2020 Sold
Premium
Sold
Sep 16, 2005 Sold
Premium
Sold
Jul 18, 2005 Listed $149,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,863
  • Total Building Area: 1,445
  • Gross Building Area: 3,326
  • Building Area: 1,445
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,445
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000295
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Palmer School District
  • Census Tract: 810300

Geography

  • Parcel: PALM M:70 B:172
  • Block: 172
  • Municipality: PALMER
  • Latitude: 42.178
  • Longitude: -72.3686

    Address

  • Full Address: 49 Springfield St
  • Address - House Number: 49
  • Address - Street Name: Springfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Three Rivers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1227
  • Zip Code: 01080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484,100

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 294,797
  • High Value: 347,616
  • Low Value: 241,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,500
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $189,300

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10717
  • Previous Sale Recording Date: Oct 02, 2020
  • Previous Sale Contract Date: Sep 30, 2020
  • Previous Sale Amount: $135,000
  • 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 Palmer Town

Stats & Trends

Median Asking:

$344,500

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2198 ft²

Average Home Age

67.9 years

Currently For Sale

31 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: 6 months ago
Data Source: MLS PIN, MLS# 70227280

Frequently Asked Questions

When was property at 49 Springfield Street built and last sold?
The property at 49 Springfield Street was built in 1880 and last sold on Feb 12, 2021 for $239,000.
How much is this home worth?
The estimated value of the home located at 49 Springfield Street is $248,348.
What are some comparable homes to 49 Springfield Street?
There are currently no comparable homes to 49 Springfield Street.
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