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Springfield 01129 Sixteen Acres
55 Groton St
$185,000
● House - Off Market

55 Groton St

Springfield, MA 01129
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,766 Ft²
$301,848
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Wow!! Perfect Location for this Home!! Completely remodeled from top to bottom, the Home of your Dreams!!, Has it all, Bright and open floor plan. Brand new kitchen with a huge island, Stainless Steel Appliances, Shaker Cabinets and Granite Countertops with a nice deck and a fence in backyard come and tour it at the Open House want last long!!!
Unit Size
1,766 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$108
Property Type
House
Property Taxes
$173
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: 5 months ago (MLSPIN #72174678)

Price History

Date / Event Date Event Price
Oct 10, 2017 Sold
Premium
Sold
Jun 1, 2017 Listed by Home Equity Assets Realty, LLC $189,900
Listed by Home Equity Assets Realty, LLC
Jul 30, 2004 Sold
Premium
Sold
Feb 17, 2004 Listed by Century 21 Hometown Asc. $124,900
Listed by Century 21 Hometown Asc.
WELL KEPT RANCH ON SLAB, ROOF AND MASTER BR SUITE WITH FULL BATH AND SITTING AREA ADDED 1 YR AGO. 3 OR 4 BEDRMS. ENCLOSED SUN ROOM, LOVELY FENCED YARD. WEEKEND SHOWINGS ONLY

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 1,882
  • Gross Building Area: 1,882
  • Building Area: 1,882
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,882
  • Heating Fuel Type: 6

    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: 61000076
  • Parcel: SPRI S:06100 P:0076
  • Municipality: SPRINGFIELD
  • Latitude: 42.1204
  • Longitude: -72.4961

    Address

  • Full Address: 55 Groton St
  • Address - House Number: 55
  • Address - Street Name: Groton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1633
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,700

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 293,126
  • High Value: 351,759
  • Low Value: 234,493

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,700
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $150,700

    Sales

  • Current Sale Contract Date: Oct 05, 2017
  • Current Sale Recording Date: Oct 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 212284
  • Previous Sale Recording Date: Apr 13, 2017
  • Previous Sale Contract Date: Apr 12, 2017
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1400 ft²

Average Home Age

53 years

Currently For Sale

27 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# 72174678

Frequently Asked Questions

When was property at 55 Groton Street built and last sold?
The property at 55 Groton Street was built in 1956 and last sold on Oct 5, 2017 for $185,000.
How much is this home worth?
The estimated value of the home located at 55 Groton Street is $202,372.
What are some comparable homes to 55 Groton Street?
There are currently no comparable homes to 55 Groton Street.
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