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Springfield 01109 Pine Point
7 Schley St
$275,000
● House - Off Market

7 Schley St

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,075 Ft²
$235,394
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

An affordable home - in this market?! NEWER furnace, NEWER central air condenser, and NEWER hot water heater! FRESH PAINT on the entire exterior and throughout the interior of the home! NEW carpet upstairs! ALL THE SAVINGS PASSED ON TO YOU in this adorable 4 bedroom, 1 bathroom light and bright Cape home! Want an extra bathroom? The area at the top of the stairs is the PERFECT spot for a second bath - it's already above the bathroom on main floor! Enjoy the summer outside drinking lemonade on your porch or in your yard playing with the dog. THIS ONE WON'T LAST LONG! WELCOME HOME!
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$219
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1949

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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 #73110740)

Price History

Date / Event Date Event Price
Jun 12, 2023 Sold
Premium
Sold
May 16, 2023 In contract -
In contract
May 12, 2023 Listed by Canopy Brokerage Company, LLC $235,000
Listed by Canopy Brokerage Company, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 5,001
  • Total Building Area: 1,075
  • Gross Building Area: 1,075
  • Building Area: 1,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 801502

Zoning

  • Zoning: R1

Geography

  • Account Number: 106450021
  • Parcel: SPRI S:10645 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.136
  • Longitude: -72.5274

    Address

  • Full Address: 7 Schley St
  • Address - House Number: 7
  • Address - Street Name: Schley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1120
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $278,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 248,701
  • High Value: 303,426
  • Low Value: 193,977

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $163,400
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $130,500

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26680
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:

$298,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1435 ft²

Average Home Age

86 years

Currently For Sale

27 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# 73110740

Frequently Asked Questions

When was property at 7 Schley Street built and last sold?
The property at 7 Schley Street was built in 1949 and last sold on Jun 12, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 7 Schley Street is $241,471.
What are some comparable homes to 7 Schley Street?
There are currently no comparable homes to 7 Schley Street.
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