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Springfield 01119 Pine Point
54 Delaware Ave
$165,000
● House - Off Market

54 Delaware Ave

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,696 Ft²
$365,615
RealtyHop Estimate
128.65%
Since Mar 1, 2012
National-US
Primary Model

About This Property

Excellent opportunity to own this six year young colonial that features three bedrooms, 2.5 baths, large open kitchen, two car garage, nice size yard with deck and much more. Call today you will not be disappointed.  Property is sold in AS IS/WHERE IS condition. Bank of America Pre-qual required on all financed offers. Cash transactions are subject to special deed restrictions.The Grantee(s), or purchase
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$94
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
2005

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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: 5 months ago (MLSPIN #71246378)

Price History

Date / Event Date Event Price
Apr 8, 2022 Sold
Premium
Sold
Feb 1, 2012 Sold
Premium
Sold
Aug 23, 2011 Sold
Premium
Sold
Jun 9, 2011 Listed by B & B Real Estate $159,900
Listed by B & B Real Estate
Jun 16, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,696
  • Gross Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD
  • Land Acres: 0000000172
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 37800009
  • Parcel: SPRI S:03780 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.1221
  • Longitude: -72.5231

    Address

  • Full Address: 54 Delaware Ave
  • Address - House Number: 54
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1942
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $434,400

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 331,180
  • High Value: 390,775
  • Low Value: 271,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,800
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $223,900

    Sales

  • Current Sale Contract Date: Apr 08, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 21505
  • Previous Sale Recording Date: Aug 23, 2011
  • Previous Sale Amount: $192,500
  • Previous Sale Document Type: 34
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 Pine Point

Stats & Trends

Median Asking:

$294,950

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1381 ft²

Average Home Age

88.3 years

Currently For Sale

26 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71246378

Frequently Asked Questions

When was property at 54 Delaware Avenue built and last sold?
The property at 54 Delaware Avenue was built in 2005 and last sold on Apr 8, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 54 Delaware Avenue is $176,171.
What are some comparable homes to 54 Delaware Avenue?
There are currently no comparable homes to 54 Delaware Avenue.
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