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Springfield 01109 Bay
58 Roosevelt Ter
$171,500
● House - Off Market

58 Roosevelt Ter

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,330 Ft²
$234,454
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Remodeled, Expansive, Roomy 4 bedroom home with a finished basement which has a separate room that could be used as a 5th bedroom.  Every inch of this home has been put into smart use.  This home is perfect for today's modern, extended family.  Exterior features included a new roof, vinyl replacement windows and refreshed siding.  The rear yard is vast and fenced with over a quarter acre of land.  An enclosed sitting porch can be considered an extension of the already spacious home or an amazing outdoor attraction.  The renewed interior features include kitchen with ample cabinet space, open floor plan, lots of hardwood flooring and all the bedrooms are sizeable. The 2nd floor bedroom is massive.  Come and see all this beautiful home has to offer at an affordable price.  Open House Saturday 12 noon to 1:30pm
Unit Size
1,330 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$120
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1948

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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 #72517098)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 12, 2019 Listed by Real Living Realty Professionals, LLC $159,900
Listed by Real Living Realty Professionals, LLC
Mar 29, 2019 Sold
Premium
Sold
Feb 19, 2019 Listed by Real Living Realty Professionals, LLC $89,900
Listed by Real Living Realty Professionals, LLC
Aug 20, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 12,354
  • Total Building Area: 1,330
  • Gross Building Area: 1,330
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMORE MANOR PLAN
  • Land Acres: 0000000284
  • 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: 801401

Zoning

  • Zoning: R1

Geography

  • Account Number: 103660013
  • Parcel: SPRI S:10366 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1205
  • Longitude: -72.5537

    Address

  • Full Address: 58 Roosevelt Ter
  • Address - House Number: 58
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 2422
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $315,900

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 265,920
  • High Value: 324,494
  • Low Value: 207,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,300
  • Assessed Land Value: $32,200
  • Assessed Improvements Value: $153,100

    Sales

  • Current Sale Contract Date: Aug 30, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49962
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: O
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 Bay

Stats & Trends

Median Asking:

$327,450

Sale Price/ft²

$158

Above Asking

95.51%

Average Days on Market

74

Average Home Size

2100 ft²

Average Home Age

79.6 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 72517098

Frequently Asked Questions

When was property at 58 Roosevelt Terrace built and last sold?
The property at 58 Roosevelt Terrace was built in 1948 and last sold on Aug 30, 2019 for $171,500.
How much is this home worth?
The estimated value of the home located at 58 Roosevelt Terrace is $165,486.
What are some comparable homes to 58 Roosevelt Terrace?
There are currently no comparable homes to 58 Roosevelt Terrace.
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