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Springfield 01129 Sixteen Acres
54 Groton St
$143,000
● House - Off Market

54 Groton St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
876 Ft²
$203,840
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Move right into this absolutely stunning Ranch. One floor living at its best! This newly renovated 3 bedroom, 1 bath home features many exterior and interior updates: new siding, new electrical, new 200 amp service panel, new plumbing, new heat, new water heater, new flooring, new kitchen and bathroom! Remodeled kitchen with brand new soft-close shaker cabinets, countertop, and stainless steel appliances. Remodeled bathroom featuring new tub, toilet, tile floor, and vanity. New hydronic electric heat baseboards for better efficiency. Exterior walls insulated! Newer roof installed approx 2016. Large sized lot perfect for outdoor entertaining. Dont miss this one!
Unit Size
876 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$160
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1956

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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 #72590318)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 22, 2021 Listed by First NationWide Realty Inc. $198,000
Listed by First NationWide Realty Inc.
Jan 8, 2020 Sold
Premium
Sold
Nov 8, 2019 Listed by First NationWide Realty Inc. $139,900
Listed by First NationWide Realty Inc.
Aug 26, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2019
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 1,086
  • Gross Building Area: 1,086
  • Building Area: 1,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,086
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 61000013
  • Parcel: SPRI S:06100 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1208
  • Longitude: -72.4962

    Address

  • Full Address: 54 Groton St
  • Address - House Number: 54
  • Address - Street Name: Groton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1631
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $300,300

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 229,789
  • High Value: 277,513
  • Low Value: 182,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,100
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $121,100

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 228018
  • Previous Sale Recording Date: Jan 08, 2020
  • Previous Sale Contract Date: Jan 03, 2020
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: O
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

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 72590318

Frequently Asked Questions

When was property at 54 Groton Street built and last sold?
The property at 54 Groton Street was built in 1956 and last sold on Oct 7, 2021 for $205,000.
How much is this home worth?
The estimated value of the home located at 54 Groton Street is $200,906.
What are some comparable homes to 54 Groton Street?
There are currently no comparable homes to 54 Groton Street.
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