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Springfield 01104 Liberty Heights
57 Cherrylyn Street
$47,000
● House - Off Market

57 Cherrylyn Street

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,322 Ft²
$159,794
RealtyHop Estimate
219.65%
Since Jul 1, 1999
National-US
Primary Model

About This Property

UPDATED COL W/VINYL SIDING,REPL.WINDOWS, NEWER FURNACE, CIRCUIT BREAKERS & MORE. GREAT FIRST HOME OPPORTUNITY. BRING THE KIDS! BRING THE DOG! FENCED BACKYARD! SPECIAL HOMESTEPS FINANCING AVAILABLE.  CALL OFFICE FOR DETAILS.
Unit Size
1,322 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$38
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1926

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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 years ago (MLSPIN #30302247)

Price History

Date / Event Date Event Price
Dec 2, 2020 Sold
Premium
Sold
Sep 28, 2020 Listed by Classics Real Estate $174,000
Listed by Classics Real Estate
May 17, 2002 Sold
Premium
Sold
Jun 1, 1999 Sold
Premium
Sold
Mar 18, 1999 Listed by Classics Real Estate $49,990
Listed by Classics Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,298
  • 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: 800400

Zoning

  • Zoning: R2

Geography

  • Account Number: 27000040
  • Parcel: SPRI S:02700 P:0040
  • Municipality: SPRINGFIELD
  • Latitude: 42.1222
  • Longitude: -72.5811

    Address

  • Full Address: 57 Cherrelyn St
  • Address - House Number: 57
  • Address - Street Name: Cherrelyn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2441
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $275,500

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 235,739
  • High Value: 286,961
  • Low Value: 184,517

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,600
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $128,700

    Sales

  • Current Sale Contract Date: Dec 01, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71635
  • Previous Sale Recording Date: May 17, 2002
  • Previous Sale Amount: $91,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30302247

Frequently Asked Questions

When was property at 57 Cherrelyn Street built and last sold?
The property at 57 Cherrelyn Street was built in 1926 and last sold on Dec 1, 2020 for $184,370.
How much is this home worth?
The estimated value of the home located at 57 Cherrelyn Street is $0.
What are some comparable homes to 57 Cherrelyn Street?
There are currently no comparable homes to 57 Cherrelyn Street.
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