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Springfield 01104 Liberty Heights
71 Phoenix Terrace
$210,000
● House - Off Market

71 Phoenix Terrace

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,476 Ft²
$217,845
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

New Price Improvement!  Property in need of TLC and to be  sold" as is"  condition. It will not qualify for an FHA loan It offers 6 rooms, 3 bedrooms, 2 baths. Main level has a decent size kitchen, living room, formal dining room with patio doors lead to a nice deck for your hot summer cookouts. Second floor offers 3 bedrooms with one full bath,  Bonus finished room with full bath in the basement is ideal for a teenage suite, game room, etc...Washer and dryer hook ups and gas heat.. Exterior offers a good size fenced in yard, 2 storage sheds, newer roof, 2 car driveway.
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1916

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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 #72932077)

Price History

Date / Event Date Event Price
Apr 7, 2022 Sold
Premium
Sold
Jan 7, 2022 Listed by Agape Realty Partners, LLC $214,900
Listed by Agape Realty Partners, LLC
Oct 1, 2018 Sold
Premium
Sold
Aug 3, 2018 Listed by Agape Realty Partners, LLC $125,000
Listed by Agape Realty Partners, LLC
Oct 6, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • 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: 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: 5,001
  • Total Building Area: 1,385
  • Gross Building Area: 1,385
  • Building Area: 1,385
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,385
  • 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: 800400

Zoning

  • Zoning: R1

Geography

  • Account Number: 96920056
  • Parcel: SPRI S:09692 P:0056
  • Municipality: SPRINGFIELD
  • Latitude: 42.1235
  • Longitude: -72.5821

    Address

  • Full Address: 71 Phoenix Ter
  • Address - House Number: 71
  • Address - Street Name: Phoenix
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C018
  • 4-Digit Zip Code: 2511
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,100

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 232,742
  • High Value: 283,313
  • Low Value: 182,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,300
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $121,400

    Sales

  • Current Sale Contract Date: Apr 07, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21221
  • Previous Sale Recording Date: Oct 01, 2018
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
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 Liberty Heights

Stats & Trends

Median Asking:

$309,950

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

58

Average Home Size

1783 ft²

Average Home Age

92.6 years

Currently For Sale

33 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 144 Cabot St, MA, 01013

$1,174 /mo

  • 1 Bed
  • 1 Bath
144 Cabot St, MA, 01013 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72932077

Frequently Asked Questions

When was property at 71 Phoenix Terrace built and last sold?
The property at 71 Phoenix Terrace was built in 1916 and last sold on Apr 7, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 71 Phoenix Terrace is $220,311.
What are some comparable homes to 71 Phoenix Terrace?
There are currently no comparable homes to 71 Phoenix Terrace.
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