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Springfield 01104 Liberty Heights
81 Park Rd
$146,500
● House - Off Market

81 Park Rd

Springfield, MA 01104
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,536 Ft²
$248,166
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Make this newly remodeled home yours...this 4 bedroom cape style home has so much to offer it's new owners.  Beautiful hardwood floors throughout main level, gas heat, new roof on house, brand new replacement windows allow so much natural light into this home. Updated Kitchen with breakfast bar and all new matching appliances. The updated quaint bathroom showcases a tiled shower with tub and tiled floors. Two nicely sized bedrooms on the first floor and two bedrooms upstairs feature large closets and built ins.  Partially finished space in basement with a bar for entertaining guests. Detached one car garage and a fenced yard with space for entertaining. Don't let this house go un-noticed! Seller Motivated make an offer this property won't last!!!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$96
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1939

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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 #72074180)

Price History

Date / Event Date Event Price
Dec 29, 2016 Sold
Premium
Sold
Sep 28, 2016 Listed by Keller Williams Realty $147,500
Listed by Keller Williams Realty
May 22, 2015 Sold
Premium
Sold
Feb 26, 2015 Listed by Keller Williams Realty $40,000
Listed by Keller Williams Realty
May 24, 1996 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 14
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 108
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,648
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • 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: 94950059
  • Parcel: SPRI S:09495 P:0059
  • Municipality: SPRINGFIELD
  • Latitude: 42.1325
  • Longitude: -72.5917

    Address

  • Full Address: 81 Park Rd
  • Address - House Number: 81
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 1035
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,600

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 278,862
  • High Value: 339,454
  • Low Value: 218,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,700
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $187,200

    Sales

  • Current Sale Recording Date: Dec 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78585
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Amount: $50,000
  • 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:

$309,950

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# 72074180

Frequently Asked Questions

When was property at 81 Park Road built and last sold?
The property at 81 Park Road was built in 1939 and last sold on Jan 1, 1970 for $146,500.
How much is this home worth?
The estimated value of the home located at 81 Park Road is $154,638.
What are some comparable homes to 81 Park Road?
There are currently no comparable homes to 81 Park Road.
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