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Springfield 01109 Old Hill
7 Searle Pl
$122,570
● House - Off Market

7 Searle Pl

Springfield, MA 01105
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,280 Ft²
$122,542
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

This listing is for the right side unit ONLY of this Duplex style home, Left side unit also for sale, see MLS 72906748. Family friendly layout with nice space, generous sized kitchen and half bath on first floor with three bedrooms and full bath on second floor.  Good sized yard and convenient location.  Income generator as unit is currently rented.  Buy in conjunction with adjacent unit at 9 Searle PL and have ownership of whole structure. Please note purchase of both units will involve two separate closings, buyer to do due diligence regarding revising city records of condex status, if so desired.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$93
Property Type
House
Property Taxes
$125
HOA Dues
-
Year Built
1982

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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 #72921763)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Nov 19, 2021 Listed by Coldwell Banker Realty - Longmeadow $119,000
Listed by Coldwell Banker Realty - Longmeadow
Aug 5, 2014 Sold
Premium
Sold
Apr 3, 2014 Listed by Coldwell Banker Realty - Longmeadow $29,900
Listed by Coldwell Banker Realty - Longmeadow
Nov 1, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,885
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 801800

Zoning

  • Zoning: B1

Geography

  • Account Number: 106650016
  • Parcel: SPRI S:10665 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.1
  • Longitude: -72.5649

    Address

  • Full Address: 7 Searle Pl
  • Address - House Number: 7
  • Address - Street Name: Searle
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1608
  • Zip Code: 01105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $199,800

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 193,212
  • High Value: 235,871
  • Low Value: 150,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,200
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $94,700

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13482
  • Previous Sale Recording Date: Aug 05, 2014
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: O
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 Old Hill

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2961 ft²

Average Home Age

119.1 years

Currently For Sale

7 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# 72921763

Frequently Asked Questions

When was property at 7 Searle Place built and last sold?
The property at 7 Searle Place was built in 1982 and last sold on Mar 3, 2022 for $122,570.
How much is this home worth?
The estimated value of the home located at 7 Searle Place is $122,652.
What are some comparable homes to 7 Searle Place?
There are currently no comparable homes to 7 Searle Place.
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