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Springfield 01104 Liberty Heights
63 Freeman Ter
$273,000
● House - Off Market

63 Freeman Ter

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,527 Ft²
$1,584
Est. Monthly

About This Property

Back on market after seller did some light repairs!  Step into spacious living with this classic Colonial, ideal for a growing family or those who love a little extra room. Boasting 1,527 square feet, the home offers three bedrooms, with the option to convert the dining room into a fourth. The versatile half-bath is spacious enough to double as a convenient laundry room. Hardwood floors add a touch of elegance throughout, and the kitchen shines with stainless steel appliances. Completing the package is a detached two-car garage for all your storage needs. Don't miss your chance to make this versatile home your own-schedule your viewing today!
Unit Size
1,527 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$180
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1918

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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 #73173415)

Price History

Date / Event Date Event Price
May 16, 2024 Sold
Premium
Sold
Mar 19, 2024 In contract -
In contract
Mar 14, 2024 Price Increased $275,000
↑ $154K (126.3%)
Price Increased
Mar 14, 2024 Relisted $121,500
Relisted
Jan 12, 2024 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 5,001
  • Total Building Area: 1,527
  • Gross Building Area: 1,527
  • Building Area: 1,527
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,527
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMPGROUND REALTY ASSOC
  • Land Acres: 0000000115
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 53920017
  • Parcel: SPRI S:05392 P:0017
  • Municipality: SPRINGFIELD
  • Latitude: 42.1256
  • Longitude: -72.5808

    Address

  • Full Address: 63 Freeman Ter
  • Address - House Number: 63
  • Address - Street Name: Freeman
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 2552
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $280,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 285,596
  • High Value: 310,434
  • Low Value: 260,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,200
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $131,300

    Sales

  • Current Sale Recording Date: May 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22395
  • Previous Sale Recording Date: Mar 30, 2011
  • Previous Sale Amount: $54,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73173415

Frequently Asked Questions

When was property at 63 Freeman Terrace built and last sold?
The property at 63 Freeman Terrace was built in 1918 and last sold on Jan 1, 1970 for $120,000.
How much is this home worth?
The estimated value of the home located at 63 Freeman Terrace is $265,839.
What are some comparable homes to 63 Freeman Terrace?
There are currently no comparable homes to 63 Freeman Terrace.
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