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Springfield 01107
69 Rimmon Ave
$203,000
● House - Off Market

69 Rimmon Ave

Springfield, MA 01107
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,319 Ft²
$256,706
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

UNFORTUNATELY, THE BUYER GOT FURLOUGHED FROM WORK 2 WEEKS BEFORE CLOSING :-((((   What a home! This old school colonial is very clean and fresh with many updates! Some awesome amenities include a 1st floor master bedroom with fully functional wood fireplace for cozy, warm winter days & nights! Gleaming wood floors throughout, finished basement with pub/bar, newer furnace, newer hot water heater, new fridge, new dishwasher, recently re-built detached garage, mostly fenced yard, and much more. This property is very close to Baystate Medical Center and in a very desirable area! Extremely easy to show and see this property! Book your viewing now!
Unit Size
1,319 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$144
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1923

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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 #72640205)

Price History

Date / Event Date Event Price
Sep 15, 2020 Sold
Premium
Sold
Apr 2, 2020 Listed by Benton Real Estate Company $189,900
Listed by Benton Real Estate Company
Feb 25, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • 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: 16
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,190
  • Total Building Area: 1,429
  • Gross Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000096
  • 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: 102100012
  • Parcel: SPRI S:10210 P:0012
  • Municipality: SPRINGFIELD
  • Latitude: 42.1335
  • Longitude: -72.5981

    Address

  • Full Address: 69 Rimmon Ave
  • Address - House Number: 69
  • Address - Street Name: Rimmon
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C009
  • 4-Digit Zip Code: 1303
  • Zip Code: 01107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $342,000

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 270,236
  • High Value: 329,418
  • Low Value: 211,055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,600
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $168,600

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52068
  • Previous Sale Recording Date: Feb 25, 2000
  • Previous Sale Amount: $72,500
  • 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 Springfield

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$203

Above Asking

2.22%

Average Days on Market

56

Average Home Size

2099 ft²

Average Home Age

91.9 years

Currently For Sale

274 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# 72640205

Frequently Asked Questions

When was property at 69 Rimmon Avenue built and last sold?
The property at 69 Rimmon Avenue was built in 1923 and last sold on Sep 14, 2020 for $203,000.
How much is this home worth?
The estimated value of the home located at 69 Rimmon Avenue is $198,013.
What are some comparable homes to 69 Rimmon Avenue?
There are currently no comparable homes to 69 Rimmon Avenue.
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