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Springfield 01109 Old Hill
591 Union St
$145,000
● House - Off Market

591 Union St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,055 Ft²
$252,626
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Totally renovated and and a joy to show.    Updates: Roof, windows, furnace, electrical , garage doors, trap door & 75 gallon H20 tank.  Kitchen has custom cabinets, granite counter tops, stone backsplash & new SS appliances.  All floors have new laminate flooring and or carpenting.   The house has 2 full baths including a master bath on the 1st floor with  his & her sink along with granite counter tops and  porcelin tiles. Bonus room in the basement.  House has a 2 car garage, private backyard and a side porch to enjoy those breezy summer nights.   House has many more perks to mention.
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$158
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1883

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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 #72351504)

Price History

Date / Event Date Event Price
Aug 10, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Real Living Realty Professionals, LLC $169,900
Listed by Real Living Realty Professionals, LLC
Sep 28, 2018 Sold
Premium
Sold
Jun 22, 2018 Listed by Real Living Realty Professionals, LLC $167,000
Listed by Real Living Realty Professionals, LLC
Jun 26, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,903
  • Total Building Area: 1,055
  • Gross Building Area: 1,055
  • Building Area: 1,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,055
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000090
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 117500221
  • Parcel: SPRI S:11750 P:0221
  • Municipality: SPRINGFIELD
  • Latitude: 42.1077
  • Longitude: -72.57

    Address

  • Full Address: 591 Union St
  • Address - House Number: 591
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 4230
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $299,100

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 174,026
  • High Value: 204,747
  • Low Value: 143,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,400
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $154,300

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55805
  • Previous Sale Recording Date: Sep 28, 2018
  • Previous Sale Amount: $145,000
  • 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 Old Hill

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2237 ft²

Average Home Age

108.3 years

Currently For Sale

7 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# 72351504

Frequently Asked Questions

When was property at 591 Union Street built and last sold?
The property at 591 Union Street was built in 1883 and last sold on Aug 10, 2021 for $205,000.
How much is this home worth?
The estimated value of the home located at 591 Union Street is $169,883.
What are some comparable homes to 591 Union Street?
There are currently no comparable homes to 591 Union Street.
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