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Springfield 01109 Old Hill
775 Union St
$130,000
● House - Off Market

775 Union St

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,111 Ft²
$180,310
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

RECENTLY RENOVATED COLONIAL STYLE HOME. Remodeled throughout in 2018, including new roof, vinyl siding, windows and furnace. Kitchen boasts recently installed granite countertops, porcelain tiles and stainless steel appliances. Open living room area. Good size bedrooms with wall to wall carpeting. Fenced yard. Newly paved driveway. Conveniently located. Nearby highway access, restaurants & shopping. Walking distance to American International College. Vacant and easy to show. Schedule your appointment today!
Unit Size
1,111 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$112
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1913

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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 #72589409)

Price History

Date / Event Date Event Price
Feb 3, 2020 Sold
Premium
Sold
Nov 6, 2019 Listed by Keller Williams Realty $124,900
Listed by Keller Williams Realty
Sep 2, 2019 No longer available -
No longer available
Sep 1, 2019 Relisted $123,000
Relisted
Aug 4, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,679
  • Total Building Area: 991
  • Gross Building Area: 991
  • Building Area: 991
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 991
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000062
  • 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: 801800

Zoning

  • Zoning: R2

Geography

  • Account Number: 117500178
  • Parcel: SPRI S:11750 P:0178
  • Municipality: SPRINGFIELD
  • Latitude: 42.109
  • Longitude: -72.5628

    Address

  • Full Address: 775 Union St
  • Address - House Number: 775
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 3619
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $282,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 217,758
  • High Value: 267,741
  • Low Value: 167,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,600
  • Assessed Land Value: $20,200
  • Assessed Improvements Value: $145,400

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6119
  • Previous Sale Recording Date: Sep 21, 2018
  • Previous Sale Amount: $123,000
  • 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 Old Hill

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2164 ft²

Average Home Age

119.8 years

Currently For Sale

5 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# 72589409

Frequently Asked Questions

When was property at 775 Union Street built and last sold?
The property at 775 Union Street was built in 1913 and last sold on Jan 31, 2020 for $130,000.
How much is this home worth?
The estimated value of the home located at 775 Union Street is $130,661.
What are some comparable homes to 775 Union Street?
There are currently no comparable homes to 775 Union Street.
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