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Springfield 01109 Pine Point
71 Pheland Avenue
$91,000
● House - Off Market

71 Pheland Avenue

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$196,338
RealtyHop Estimate
109.09%
Since Oct 1, 2009
National-US
Primary Model

About This Property

Wonderful starter home. Take advantage of Federal and City Tax Credits ($8000 and $5000) before they are gone. A little paint and freshening will make this one shine. First Time buyers make your appointment today. SELLERS ARE VERY MOTIVATED MAKE AN OFFER!! CLOSE TO AREA COLLEGES WALKING DISTANCE TO WESTERN NEW ENGLAND COLLEGE...
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$93
Property Type
House
Property Taxes
$150
HOA Dues
-
Year Built
1943

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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 years ago (MLSPIN #70932920)

Price History

Date / Event Date Event Price
Sep 30, 2009 Sold
Premium
Sold
Jun 11, 2009 Listed by Landmark, REALTORS® $93,900
Listed by Landmark, REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,249
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 96700105
  • Parcel: SPRI S:09670 P:0105
  • Municipality: SPRINGFIELD
  • Latitude: 42.1272
  • Longitude: -72.5284

    Address

  • Full Address: 71 Pheland St
  • Address - House Number: 71
  • Address - Street Name: Pheland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1317
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $337,900

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 307,224
  • High Value: 360,917
  • Low Value: 253,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,200
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $168,400

    Sales

  • Current Sale Recording Date: Sep 30, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 65590
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:

$296,500

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1471 ft²

Average Home Age

85.9 years

Currently For Sale

32 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 years ago
Data Source: MLS PIN, MLS# 70932920

Frequently Asked Questions

When was property at 71 Pheland Avenue built and last sold?
The property at 71 Pheland Avenue was built in 1943 and last sold on Jan 1, 1970 for $91,000.
How much is this home worth?
The estimated value of the home located at 71 Pheland Avenue is $0.
What are some comparable homes to 71 Pheland Avenue?
There are currently no comparable homes to 71 Pheland Avenue.
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