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Springfield 01104 East Springfield
82 Redlands St
$135,000
● House - Off Market

82 Redlands St

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$168,705
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This charming 2BR 1BTH bungalow style home does need work and updates BUT it is priced to sell and is located on a beautiful East Springfield street. Many desirable features include: a full length sunny 3 season front porch; wood floors in both bedrooms, living and dining rooms; the large walk up attic off the kitchen area offers future expansion possibilities; some replacement windows; easy care vinyl siding; charming built-ins plus it sits on a nice flat lot AND has a detached 1 car garage + storage shed.  NOTE: This home is being sold "as is" and will not pass for FHA/VA financing. Inspections are for informational purposes only and this property is NOT FOR RENT.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$160
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1925

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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: 5 years ago (MLSPIN #72903835)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Oct 4, 2021 Listed by Gallagher Real Estate $149,900
Listed by Gallagher Real Estate
Feb 16, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,667
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 936
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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: 800201

Zoning

  • Zoning: R1

Geography

  • Account Number: 101150015
  • Parcel: SPRI S:10115 P:0015
  • Municipality: SPRINGFIELD
  • Latitude: 42.1347
  • Longitude: -72.5628

    Address

  • Full Address: 82 Redlands St
  • Address - House Number: 82
  • Address - Street Name: Redlands
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 2954
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $218,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 207,058
  • High Value: 253,860
  • Low Value: 160,257

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,200
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $92,700

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 76751
  • Previous Sale Recording Date: Feb 16, 1996
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: 27
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 East Springfield

Stats & Trends

Median Asking:

$285,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1319 ft²

Average Home Age

81.7 years

Currently For Sale

18 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72903835

Frequently Asked Questions

When was property at 82 Redlands Street built and last sold?
The property at 82 Redlands Street was built in 1925 and last sold on Oct 25, 2021 for $135,000.
How much is this home worth?
The estimated value of the home located at 82 Redlands Street is $0.
What are some comparable homes to 82 Redlands Street?
There are currently no comparable homes to 82 Redlands Street.
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