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Springfield 01119 Sixteen Acres
61 Grattan St.
$159,900
● House - Off Market

61 Grattan St.

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$298,069
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Look no further. This spacious cape has just about all the features you're looking for. Updated kitchen and baths. Four bedrooms with two full baths. Beautiful hardwood floors throughout. Over-sized two car garage with room for your toys or equipment. Large fenced-in yard. Quiet side street. Only a half mile from Western New England University. Need we say more? Come see for yourself!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$107
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1951

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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 #71709833)

Price History

Date / Event Date Event Price
Oct 10, 2014 Sold
Premium
Sold
Jul 8, 2014 Listed by John Kontekakis $159,900
Listed by John Kontekakis
Dec 23, 2003 Sold
Premium
Sold
Oct 23, 2003 Listed by John Kontekakis $159,900
Listed by John Kontekakis
Jul 31, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • 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: 8,799
  • Total Building Area: 1,554
  • Gross Building Area: 1,554
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 59700022
  • Parcel: SPRI S:05970 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.1093
  • Longitude: -72.5199

    Address

  • Full Address: 61 Grattan St
  • Address - House Number: 61
  • Address - Street Name: Grattan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2819
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,000

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 292,989
  • High Value: 351,909
  • Low Value: 234,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,200
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $176,000

    Sales

  • Current Sale Recording Date: Oct 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51020
  • Previous Sale Recording Date: Dec 23, 2003
  • Previous Sale Amount: $148,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 71709833

Frequently Asked Questions

When was property at 61 Grattan Street built and last sold?
The property at 61 Grattan Street was built in 1951 and last sold on Jan 1, 1970 for $159,900.
How much is this home worth?
The estimated value of the home located at 61 Grattan Street is $169,872.
What are some comparable homes to 61 Grattan Street?
There are currently no comparable homes to 61 Grattan Street.
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