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Springfield 01151 Indian Orchard
70 Pasco Rd
$253,000
● House - Off Market

70 Pasco Rd

Springfield, MA 01151
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,598 Ft²
$1,541
Est. Monthly

About This Property

Why rent when you can own this SELF- Starter Colonial? The first floor warmly welcomes you with a cozy living room, a formal dining area, and a COMPLETELY RENOVATED (2021) kitchen featuring an island, and stainless steel appliances, alongside a full bathroom. Ascend to the second floor to discover two inviting bedrooms adorned with beautiful hardwood floors. The third floor offers an additional spacious bedroom, perfect for versatile use and added privacy. Outside, a generous fenced-in backyard awaits, ideal for summer gatherings. Conveniently located, this delightful home provides easy access to main routes, Ma Pike, 291 & 91, local amenities, parks, schools, and transportation. Don't miss the opportunity to invest in this lovely property or make it your new home! Welcome to 70 Pasco Rd!
Unit Size
1,598 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$162
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1890

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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 #73249073)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Aug 1, 2024 In contract -
In contract
Jul 15, 2024 Relisted $109,000
Relisted
Jul 2, 2024 In contract -
In contract
Jun 21, 2024 Listed by Brenda Cuoco & Associates Real Estate Brokerage $259,000
Listed by Brenda Cuoco & Associates Real Estate Brokerage
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Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 7,501
  • Total Building Area: 1,598
  • Gross Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 800101

Zoning

  • Zoning: R1

Geography

  • Account Number: 95400016
  • Parcel: SPRI S:09540 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.1532
  • Longitude: -72.5048

    Address

  • Full Address: 70 Pasco Rd
  • Address - House Number: 70
  • Address - Street Name: Pasco
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Indian Orchard
  • Carrier Code: C009
  • 4-Digit Zip Code: 1533
  • Zip Code: 01151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $323,100

    Appraisal Valuation

  • Standard Deviation: 0.1753
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 244,628
  • High Value: 287,519
  • Low Value: 201,736

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,500
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $155,000

    Sales

  • Current Sale Recording Date: Jun 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29059
  • Previous Sale Recording Date: Nov 15, 2002
  • Previous Sale Amount: $78,000
  • 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 Indian Orchard

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1768 ft²

Average Home Age

92.1 years

Currently For Sale

15 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# 73249073

Frequently Asked Questions

When was property at 70 Pasco Road built and last sold?
The property at 70 Pasco Road was built in 1890 and last sold on Jan 1, 1970 for $109,000.
How much is this home worth?
The estimated value of the home located at 70 Pasco Road is $248,997.
What are some comparable homes to 70 Pasco Road?
There are currently no comparable homes to 70 Pasco Road.
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