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Springfield 01129 Sixteen Acres
50 Albee St
$190,000
● House - Off Market

50 Albee St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,196 Ft²
$296,847
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Beautifully renovated 3 bedroom ranch in sought after area of Sixteen Acres,  newer roof, siding, & windows. Hardwood floors throughout, newer kitchen with granite counter tops & eat-in area, full bath with over sized vanity with granite counter tops and linen closet, Gas fireplace in Living Room has blower to add heat, enclosed porch off kitchen opens to deck and yard. Freshly painted living room, bathroom, kitchen and hallway.
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$155
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1971

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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 #72161136)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Oct 1, 2021 Listed by William Raveis R.E. & Home Services $249,900
Listed by William Raveis R.E. & Home Services
Jun 30, 2017 Sold
Premium
Sold
May 9, 2017 Listed by William Raveis R.E. & Home Services $184,900
Listed by William Raveis R.E. & Home Services
Oct 16, 2013 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 9,967
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 1630012
  • Parcel: SPRI S:00163 P:0012
  • Municipality: SPRINGFIELD
  • Latitude: 42.1069
  • Longitude: -72.4773

    Address

  • Full Address: 50 Albee St
  • Address - House Number: 50
  • Address - Street Name: Albee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1902
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 315,139
  • High Value: 382,994
  • Low Value: 247,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,400
  • Assessed Land Value: $57,200
  • Assessed Improvements Value: $204,200

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 87743
  • Previous Sale Recording Date: Jun 30, 2017
  • Previous Sale Amount: $190,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72161136

Frequently Asked Questions

When was property at 50 Albee Street built and last sold?
The property at 50 Albee Street was built in 1971 and last sold on Dec 10, 2021 for $249,900.
How much is this home worth?
The estimated value of the home located at 50 Albee Street is $252,769.
What are some comparable homes to 50 Albee Street?
There are currently no comparable homes to 50 Albee Street.
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