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Springfield 01119 Pine Point
73 Wilmington St
$265,000
● House - Off Market

73 Wilmington St

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
936 Ft²
$238,221
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

You won't want to miss out on this well cared for, move in ready, one floor living home. Built in 2001, this ranch has an open-concept kitchen and living space.  Recent updates include central air conditioning installed in 2021, bathroom updated in 2021, an updated kitchen and finished basement.  Entertain in the summer in the nice size backyard and large deck off the kitchen sliders. Showings begin 3/1. Book your private showing today. Open house on Saturday 3/5 CANCELLED. This home isn't going to last! Highest and best offers due by Friday 3/4 at 8pm. Seller reserves the right to accept an offer at any time.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$251
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
2001

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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: 5 months ago (MLSPIN #72945718)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 1, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $235,000
Listed by Berkshire Hathaway HomeServices Realty Professionals
Nov 5, 2021 Sold
Premium
Sold
Jul 12, 2006 Sold
Premium
Sold
Feb 12, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,258
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 936
  • 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: 123200047
  • Parcel: SPRI S:12320 P:0047
  • Municipality: SPRINGFIELD
  • Latitude: 42.1226
  • Longitude: -72.5225

    Address

  • Full Address: 73 Wilmington St
  • Address - House Number: 73
  • Address - Street Name: Wilmington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1940
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,100

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 282,090
  • High Value: 343,180
  • Low Value: 221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,500
  • Assessed Land Value: $29,800
  • Assessed Improvements Value: $203,700

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26270
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $205,000
  • 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:

$296,500

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1442 ft²

Average Home Age

88.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72945718

Frequently Asked Questions

When was property at 73 Wilmington Street built and last sold?
The property at 73 Wilmington Street was built in 2001 and last sold on Apr 29, 2022 for $265,000.
How much is this home worth?
The estimated value of the home located at 73 Wilmington Street is $237,849.
What are some comparable homes to 73 Wilmington Street?
There are currently no comparable homes to 73 Wilmington Street.
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