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Springfield 01109 Pine Point
71 Bernard Street
$95,000
● House - Off Market

71 Bernard Street

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,404 Ft²
$151,432
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This home has had so much done to it already but needs to be finished. Once completed you will find yourself in a spacious and comfortable abode.Updates include a reshingled roof including plywood on main house (APO),electrical, insulation, sheet rock, mostly all newer  insulated windows and much more. This home sits on 5 lots for over a 1/2 acre and has much privacy . You can enjoy the 3 season porch as well as a wonderful and spacious brick patio.   Permits have been taken out but some work may need to be completed and then approved .Some electrical and plumbing has been approved . Stove and refrigerator will remain.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$71
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1921

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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 #72308046)

Price History

Date / Event Date Event Price
Jun 3, 2020 Sold
Premium
Sold
Jun 27, 2018 Sold
Premium
Sold
Apr 12, 2018 Listed by Ayre Real Estate Co, Inc. $99,900
Listed by Ayre Real Estate Co, Inc.
Jun 24, 2005 Sold
Premium
Sold
Dec 16, 2004 Listed by Coldwell Banker Realty - Longmeadow $79,900
Listed by Coldwell Banker Realty - Longmeadow
Large yard (view plot plan). Three bedrooms - seperate family room, newer kitchen and boiler. Privacy, but close to everything!
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,404
  • 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: 13600051
  • Parcel: SPRI S:01360 P:0051
  • Municipality: SPRINGFIELD
  • Latitude: 42.1313
  • Longitude: -72.5294

    Address

  • Full Address: 71 Bernard St
  • Address - House Number: 71
  • Address - Street Name: Bernard
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1207
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $343,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 260,960
  • High Value: 316,980
  • Low Value: 204,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,300
  • Assessed Land Value: $29,500
  • Assessed Improvements Value: $171,800

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28649
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Amount: $95,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1379 ft²

Average Home Age

86.9 years

Currently For Sale

29 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# 72308046

Frequently Asked Questions

When was property at 71 Bernard Street built and last sold?
The property at 71 Bernard Street was built in 1921 and last sold on May 27, 2020 for $184,000.
How much is this home worth?
The estimated value of the home located at 71 Bernard Street is $111,398.
What are some comparable homes to 71 Bernard Street?
There are currently no comparable homes to 71 Bernard Street.
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