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Springfield 01109 Pine Point
61 W. Bay Path Terrace
Photo of 61 W. Bay Path Terrace
Sold on Apr 29, 2005

1

Map

$121,000
● House - Off Market

61 W. Bay Path Terrace

Springfield, MA 01109
bedrooms
2 Beds
bathrooms
1 Bath
square feet
832 Ft²
$223,373
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

Move right in! No work needed! Immaculate, completely renovated last year and freshly painted. Everything new incl. wood flooring, appliances (w/d, fridge, micro., stove included), sink, countertops, kitchen island. Bright open floor plan, central air, sunny 3-season porch, quiet street, large fenced-in yard w/2 storage sheds & new privacy fence. Add'l 800 sqft. in full finished basement with working wood fireplace,  workshop with built-ins, and office area. In-law apt. potential in basement!
Unit Size
832 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$147
Property Type
House
Property Taxes
$111
HOA Dues
-
Year Built
1950

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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 #70110323)

Price History

Date / Event Date Event Price
Apr 29, 2005 Sold
Premium
Sold
Oct 26, 2004 Listed $121,900
Listed
Apr 29, 2004 Sold
Premium
Sold
Mar 2, 2004 Listed $89,999
Listed
Dec 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 7,436
  • Total Building Area: 832
  • Gross Building Area: 832
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 832
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 801402

Zoning

  • Zoning: R1

Geography

  • Account Number: 121600022
  • Parcel: SPRI S:12160 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.1309
  • Longitude: -72.5432

    Address

  • Full Address: 61 W Bay Path Ter
  • Address - House Number: 61
  • Street Direction: W
  • Address - Street Name: Bay Path
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C024
  • 4-Digit Zip Code: 2242
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $299,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 231,244
  • High Value: 284,321
  • Low Value: 178,166

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,600
  • Assessed Land Value: $30,900
  • Assessed Improvements Value: $144,700

    Sales

  • Current Sale Recording Date: Apr 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 29, 2004
  • Previous Sale Amount: $92,500
  • 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 Pine Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70110323

Frequently Asked Questions

When was property at 61 West Bay Path Terrace built and last sold?
The property at 61 West Bay Path Terrace was built in 1950 and last sold on Jan 1, 1970 for $121,000.
How much is this home worth?
The estimated value of the home located at 61 West Bay Path Terrace is $126,687.
What are some comparable homes to 61 West Bay Path Terrace?
There are currently no comparable homes to 61 West Bay Path Terrace.
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