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Springfield 01119 Pine Point
71 Fargo St
Photo of 71 Fargo St
Sold on May 31, 2007

1

Map

$104,000
● House - Off Market

71 Fargo St

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
788 Ft²
$176,264
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Cheap to heat with a yard to grow in, this house is perfect for a starter home.  This house has a new furnace, new roof, new windows, redone floors, and newer siding.  With a shaded, fenced, and corner lot, this home is a excellent location for access to shopping, main road while still ensuring some privacy.  This low maintenance home has lots to offer someone on a budget while there is enough yard to grow in years to come.  Look and see this charming dollhouse!!
Unit Size
788 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$131
Property Type
House
Property Taxes
$119
HOA Dues
-
Year Built
1920

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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: 5 months ago (MLSPIN #70408493)

Price History

Date / Event Date Event Price
May 31, 2007 Sold
Premium
Sold
Jun 10, 2006 Listed $103,000
Listed
Apr 25, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 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: 7,501
  • Total Building Area: 788
  • Gross Building Area: 788
  • Building Area: 788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 788
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 49300071
  • Parcel: SPRI S:04930 P:0071
  • Municipality: SPRINGFIELD
  • Latitude: 42.1309
  • Longitude: -72.5234

    Address

  • Full Address: 71 Fargo St
  • Address - House Number: 71
  • Address - Street Name: Fargo
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1445
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $215,200

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 191,009
  • High Value: 231,012
  • Low Value: 151,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,200
  • Assessed Land Value: $34,500
  • Assessed Improvements Value: $91,700

    Sales

  • Current Sale Recording Date: May 31, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 153141
  • Previous Sale Recording Date: Apr 25, 2003
  • Previous Sale Amount: $90,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1447 ft²

Average Home Age

84.9 years

Currently For Sale

31 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: 5 months ago
Data Source: MLS PIN, MLS# 70408493

Frequently Asked Questions

When was property at 71 Fargo Street built and last sold?
The property at 71 Fargo Street was built in 1920 and last sold on Jan 1, 1970 for $105,000.
How much is this home worth?
The estimated value of the home located at 71 Fargo Street is $108,212.
What are some comparable homes to 71 Fargo Street?
There are currently no comparable homes to 71 Fargo Street.
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