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Springfield 01119 Boston Road
602 Parker Street
$133,500
● House - Off Market

602 Parker Street

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,188 Ft²
$224,679
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

There is plenty of yard space for your enjoyment in this Sixteen Acres two  bedroom one bath ranch which is conveniently located to shopping and restaurants.  A spacious finished basement with a fireplace is perfect for entertaining and family fun and offers lots of storage space.  This charming ranch has a good size living room with a fireplace. Both the living room and bedrooms have hardwood floors. The kitchen has a breakfast bar plus a dinning area also double closets in one of the bedrooms. The sun room will let you enjoy looking at nature in your large fenced in back yard.  This home also offers a one car attached garage, storage shed, an automatic sprinkler system and an alarm system.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$114
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1952

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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 #72067871)

Price History

Date / Event Date Event Price
Mar 7, 2023 Sold
Premium
Sold
Feb 3, 2017 Sold
Premium
Sold
Sep 15, 2016 Listed by Real Living Realty Professionals, LLC $134,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 23
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,733
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000453
  • 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: 801503

Zoning

  • Zoning: R1

Geography

  • Account Number: 95100275
  • Parcel: SPRI S:09510 P:0275
  • Municipality: SPRINGFIELD
  • Latitude: 42.1366
  • Longitude: -72.4962

    Address

  • Full Address: 602 Parker St
  • Address - House Number: 602
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 1017
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $401,500

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 275,415
  • High Value: 330,507
  • Low Value: 220,323

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,500
  • Assessed Land Value: $44,100
  • Assessed Improvements Value: $191,400

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10451
  • Previous Sale Recording Date: Feb 03, 2017
  • Previous Sale Amount: $133,500
  • 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 Boston Road

Stats & Trends

Median Asking:

$304,950

Sale Price/ft²

$231

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1319 ft²

Average Home Age

73 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72067871

Frequently Asked Questions

When was property at 602 Parker Street built and last sold?
The property at 602 Parker Street was built in 1952 and last sold on Mar 7, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 602 Parker Street is $147,344.
What are some comparable homes to 602 Parker Street?
There are currently no comparable homes to 602 Parker Street.
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