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Springfield 01104 Liberty Heights
72 Drexel St
$255,000
● House - Off Market

72 Drexel St

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,285 Ft²
$257,855
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

BOM due to Buyer financing......Large corner lot is the host for this beautiful updated home. Home features brand new kitchen, bathroom, second floor laundry room, new flooring/carpeting throughout and freshly painted interior. Attached one car garage adjacent to mudroom. This home is truly a must see!!
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$198
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1924

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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: 4 months ago (MLSPIN #72963531)

Price History

Date / Event Date Event Price
Jun 22, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by Christine Santaniello Realty $254,900
Listed by Christine Santaniello Realty
Dec 22, 2021 Sold
Premium
Sold
Nov 9, 2021 Listed by Christine Santaniello Realty $79,900
Listed by Christine Santaniello Realty
Jun 20, 1975 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,403
  • Total Building Area: 1,413
  • Gross Building Area: 1,413
  • Building Area: 1,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,413
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 800300

Zoning

  • Zoning: R1

Geography

  • Account Number: 41000014
  • Parcel: SPRI S:04100 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.1266
  • Longitude: -72.5727

    Address

  • Full Address: 72 Drexel St
  • Address - House Number: 72
  • Address - Street Name: Drexel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 2018
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $415,200

    Appraisal Valuation

  • Standard Deviation: 0.2481
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 266,117
  • High Value: 332,148
  • Low Value: 200,087

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,500
  • Assessed Land Value: $34,200
  • Assessed Improvements Value: $209,300

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37663
  • Previous Sale Recording Date: Dec 22, 2021
  • Previous Sale Contract Date: Dec 22, 2021
  • Previous Sale Amount: $100,000
  • 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 Liberty Heights

Stats & Trends

Median Asking:

$309,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1876 ft²

Average Home Age

92.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72963531

Frequently Asked Questions

When was property at 72 Drexel Street built and last sold?
The property at 72 Drexel Street was built in 1924 and last sold on Jun 22, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 72 Drexel Street is $252,095.
What are some comparable homes to 72 Drexel Street?
There are currently no comparable homes to 72 Drexel Street.
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