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Springfield 01109 Sixteen Acres
55 Fredette St
$219,000
● House - Off Market

55 Fredette St

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$290,284
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Room to roam in this 5 bedroom split level with master suite or possibly in-law apartment.  Large living room and dining room to fit large family or entertaining guests. Enjoy the sunroom and wood deck in the spacious back yard on quiet street. Close to shopping and Western New England University.  Subject to seller finding suitable housing.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$120
Property Type
House
Property Taxes
$307
HOA Dues
-
Year Built
1955

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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 #72695389)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Jul 21, 2020 Listed by Keller Williams Realty $219,000
Listed by Keller Williams Realty
Sep 7, 1979 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 9
  • Basement Area: 480
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,868
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000249
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 53810017
  • Parcel: SPRI S:05381 P:0017
  • Municipality: SPRINGFIELD
  • Latitude: 42.1116
  • Longitude: -72.5244

    Address

  • Full Address: 55 Fredette St
  • Address - House Number: 55
  • Address - Street Name: Fredette
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 1431
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,300

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 284,794
  • High Value: 345,931
  • Low Value: 223,658

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,500
  • Assessed Land Value: $49,900
  • Assessed Improvements Value: $179,600

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 66746
  • Previous Sale Recording Date: Sep 07, 1979
  • Previous Sale Amount: $19,500
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72695389

Frequently Asked Questions

When was property at 55 Fredette Street built and last sold?
The property at 55 Fredette Street was built in 1955 and last sold on Nov 12, 2020 for $219,000.
How much is this home worth?
The estimated value of the home located at 55 Fredette Street is $221,637.
What are some comparable homes to 55 Fredette Street?
There are currently no comparable homes to 55 Fredette Street.
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