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Springfield 01109 Old Hill
53 King St
$53,000
● House - Off Market

53 King St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,544 Ft²
$86,472
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Don't miss out on this 3 bedroom, 1 bath colonial on a quiet side street.  Yes it needs some repairs and updates, but at this price, it is well worth it!  New roof, 2002 (APO).  Wood floors under carpets throughout the house.  (APO)  There is a gas line in the house, but seller preferred oil.  House is also equipped with a pellet stove.  This is a lender generated short sale process where the lender, seller and short sale attorney are already working on the paperwork so that this can close faster than the normal short sale. Book your showing today.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$38
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1897

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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: 5 months ago (MLSPIN #72454765)

Price History

Date / Event Date Event Price
Sep 6, 2019 Sold
Premium
Sold
Feb 19, 2019 Listed by Coldwell Banker Residential Brokerage - Longmeadow $59,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Oct 20, 2005 Sold
Premium
Sold
Aug 18, 2005 Listed by Coldwell Banker Residential Brokerage - Longmeadow $94,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,370
  • Total Building Area: 2,180
  • Gross Building Area: 2,180
  • Building Area: 2,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,180
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Springfield School District
  • School Tax School District: SPRINGFIELD SD
  • Census Tract: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 72950153
  • Parcel: SPRI S:07295 P:0153
  • Municipality: SPRINGFIELD
  • Latitude: 42.1044
  • Longitude: -72.5695

    Address

  • Full Address: 53 King St
  • Address - House Number: 53
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 4313
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $482,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 77,131
  • High Value: 90,786
  • Low Value: 63,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,900
  • Assessed Land Value: $22,900
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Contract Date: Aug 27, 2019
  • Current Sale Recording Date: Sep 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50966
  • Previous Sale Recording Date: Oct 20, 2005
  • Previous Sale Amount: $94,900
  • 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 Old Hill

Stats & Trends

Median Asking:

$317,500

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2365 ft²

Average Home Age

123 years

Currently For Sale

5 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: 5 months ago
Data Source: MLS PIN, MLS# 72454765

Frequently Asked Questions

When was property at 53 King Street built and last sold?
The property at 53 King Street was built in 1897 and last sold on Aug 27, 2019 for $53,000.
How much is this home worth?
The estimated value of the home located at 53 King Street is $60,803.
What are some comparable homes to 53 King Street?
There are currently no comparable homes to 53 King Street.
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