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Springfield 01151 Indian Orchard
57 Champlain Ave
$225,000
● House - Off Market

57 Champlain Ave

Springfield, MA 01151
bedrooms
2 Beds
bathrooms
1 Bath
square feet
792 Ft²
$236,908
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Downsizing? This is better than a condo. Well cared for open floor plan Ranch in convenient location. Kitchen, with stove, Refrigerator, double sink and vinyl floor, Dining area with picture window and ceiling fan, living room with coat closet, wall to wall carpeting and all open. Two spacious bedrooms with double closets. Full Bath. Laundry in basement with washer and dryer. Basement could be finished for additional rooms.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$290
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1985

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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: 4 months ago (MLSPIN #73063491)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Feb 23, 2023 In contract -
In contract
Dec 7, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $229,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
May 25, 2006 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 5,001
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 800101

Zoning

  • Zoning: R1

Geography

  • Account Number: 26100042
  • Parcel: SPRI S:02610 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.1445
  • Longitude: -72.5193

    Address

  • Full Address: 57 Champlain Ave
  • Address - House Number: 57
  • Address - Street Name: Champlain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C003
  • 4-Digit Zip Code: 1803
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $323,400

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 239,812
  • High Value: 290,882
  • Low Value: 188,743

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,700
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Mar 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13912
  • Previous Sale Recording Date: May 25, 2006
  • Previous Sale Amount: $191,500
  • 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 Indian Orchard

Stats & Trends

Median Asking:

$307,500

Sale Price/ft²

$203

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1768 ft²

Average Home Age

92.1 years

Currently For Sale

15 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73063491

Frequently Asked Questions

When was property at 57 Champlain Street built and last sold?
The property at 57 Champlain Street was built in 1985 and last sold on Mar 29, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 57 Champlain Street is $229,499.
What are some comparable homes to 57 Champlain Street?
There are currently no comparable homes to 57 Champlain Street.
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