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Springfield 01129 Sixteen Acres
57 Albee St
$138,000
● House - Off Market

57 Albee St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$252,379
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Inviting ranch on a corner lot.  Ready for immediate occupancy.  Sliders  from dining area lead to a spacious wrap around deck  and rear yard,  providing  outdoor space for enjoyable living .  There are two heating systems;  forced air gas and electric baseboard.  Located in a sought after neighborhood near the Wilbraham line.  Refrigerator and stove may be left as gifts to buyer.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$144
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1971

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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 #71943240)

Price History

Date / Event Date Event Price
Mar 4, 2016 Sold
Premium
Sold
Dec 24, 2015 Listed by Landmark, REALTORS® $145,000
Listed by Landmark, REALTORS®
Aug 27, 1997 Sold
Premium
Sold
Jun 6, 1997 Sold
Premium
Sold
Feb 17, 1997 Listed by Landmark, REALTORS® $69,900
Listed by Landmark, REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 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: 10,942
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 1630050
  • Parcel: SPRI S:00163 P:0050
  • Municipality: SPRINGFIELD
  • Latitude: 42.1068
  • Longitude: -72.4767

    Address

  • Full Address: 57 Albee St
  • Address - House Number: 57
  • Address - Street Name: Albee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1901
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $341,200

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 273,086
  • High Value: 322,227
  • Low Value: 223,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,100
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $142,500

    Sales

  • Current Sale Recording Date: Mar 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12188
  • Previous Sale Recording Date: Jun 06, 1997
  • Previous Sale Amount: $66,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 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# 71943240

Frequently Asked Questions

When was property at 57 Albee Street built and last sold?
The property at 57 Albee Street was built in 1971 and last sold on Jan 1, 1970 for $138,000.
How much is this home worth?
The estimated value of the home located at 57 Albee Street is $149,863.
What are some comparable homes to 57 Albee Street?
There are currently no comparable homes to 57 Albee Street.
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