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Springfield 01119 Sixteen Acres
688 Parker St
$147,000
● House - Off Market

688 Parker St

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,038 Ft²
$242,382
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

Welcome home! You know what they say about location, location, location... it doesn't get much better than this. A beautifully maintained ranch with central location close to the areas best shopping and restaurants. This cute ranch is sure to impress with beautiful Hardwood floors thru-out, central heat and air! 3 bedrooms 1 bath. All appliances are staying for the buyers enjoyment including the washer and dryer! Nothing to do but move right in! The home features a full basement with endless possibilities and a nice private deck in the back of the house. Stop by and check it out before someone else call this beauty home!
Unit Size
1,038 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$154
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1956

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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 #72249058)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by Hampden Realty Center, LLC $215,000
Listed by Hampden Realty Center, LLC
Jun 1, 2018 Sold
Premium
Sold
Oct 29, 2017 Listed by Hampden Realty Center, LLC $159,900
Listed by Hampden Realty Center, LLC
Jul 26, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,136
  • Total Building Area: 1,038
  • Gross Building Area: 1,038
  • Building Area: 1,038
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,038
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000233
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 95100323
  • Parcel: SPRI S:09510 P:0323
  • Municipality: SPRINGFIELD
  • Latitude: 42.1336
  • Longitude: -72.496

    Address

  • Full Address: 688 Parker St
  • Address - House Number: 688
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1020
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 262,856
  • High Value: 319,453
  • Low Value: 206,258

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,900
  • Assessed Land Value: $49,600
  • Assessed Improvements Value: $154,300

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64857
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: 71
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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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# 72249058

Frequently Asked Questions

When was property at 688 Parker Street built and last sold?
The property at 688 Parker Street was built in 1956 and last sold on Sep 15, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 688 Parker Street is $217,457.
What are some comparable homes to 688 Parker Street?
There are currently no comparable homes to 688 Parker Street.
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