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Springfield 01118 Sixteen Acres
79 Newhouse St
$235,000
● House - Off Market

79 Newhouse St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$256,977
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

THE PERFECT HOME! This beautifully updated home invites you to come fall in love. Walk inside to set your eyes on a spacious kitchen, granite counter tops, white cabinetries and modern stainless steels appliances. Continue forward and find an open floor plan to a large living room with hard wood floors. All 3 bedrooms host large closets and hardwood floors. Take a trip downstairs to find a large, finished basement with plenty of space to become a family room, playroom, mancave, or so much more! This one is located in a great neighborhood, close to so many amenities. Completely new heating system installed 4/12/23. YOU DO NOT WANT TO MISS OUT! Schedule your showing today! No showings until OPEN HOUSE 4/13 6-7 PM
Unit Size
999 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$255
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1959

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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 #73095538)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 16, 2023 In contract -
In contract
Apr 4, 2023 Listed by Homes Logic Real Estate, LLC $255,000
Listed by Homes Logic Real Estate, LLC
Apr 10, 2020 Sold
Premium
Sold
Jan 28, 2020 Listed by Homes Logic Real Estate, LLC $189,900
Listed by Homes Logic Real Estate, LLC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 9,500
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 90050155
  • Parcel: SPRI S:09005 P:0155
  • Municipality: SPRINGFIELD
  • Latitude: 42.0922
  • Longitude: -72.5144

    Address

  • Full Address: 79 Newhouse St
  • Address - House Number: 79
  • Address - Street Name: Newhouse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2509
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 261,567
  • High Value: 315,705
  • Low Value: 207,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,300
  • Assessed Land Value: $54,800
  • Assessed Improvements Value: $153,500

    Sales

  • Current Sale Contract Date: May 30, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24642
  • Previous Sale Recording Date: Apr 10, 2020
  • Previous Sale Contract Date: Mar 12, 2020
  • Previous Sale Amount: $187,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1345 ft²

Average Home Age

57.1 years

Currently For Sale

27 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# 73095538

Frequently Asked Questions

When was property at 79 Newhouse Street built and last sold?
The property at 79 Newhouse Street was built in 1959 and last sold on May 30, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 79 Newhouse Street is $254,734.
What are some comparable homes to 79 Newhouse Street?
There are currently no comparable homes to 79 Newhouse Street.
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