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Springfield 01129 Sixteen Acres
83 Parkerview St
$196,500
● House - Off Market

83 Parkerview St

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath
square feet
972 Ft²
$276,559
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Well maintained Ranch located on a 1/4 acre lot. Move right in two this we'll maintained home that has an updated kitchen with granite counter tops, new cabinets and includes all the appliances. Living room includes hardwood floors in a gas fireplace in a picture window overlooking front yard. Updated bathroom, With two additional bedrooms that include Hardwood floors and closets. The basement area is in excellent shape with a new top-of-the-line heating system 96 % efficiancy and electrical panel.and washer and dryer are included.  Private back yard includes a cement patio, and flat yard for family gatherings. Outside of home was recently painted has insulated windows throughout the home. This Home is perfect for keeping your expenses low.
Unit Size
972 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$200
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1963

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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 #72631375)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Mar 14, 2020 Listed by Teamwork Realty Group, LLC $194,500
Listed by Teamwork Realty Group, LLC
May 15, 2012 Sold
Premium
Sold
Feb 3, 2012 Listed by Teamwork Realty Group, LLC $129,500
Listed by Teamwork Realty Group, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 10,328
  • Total Building Area: 972
  • Gross Building Area: 972
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARKERVIEW
  • Land Acres: 0000000237
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 95150251
  • Parcel: SPRI S:09515 P:0251
  • Municipality: SPRINGFIELD
  • Latitude: 42.1335
  • Longitude: -72.4926

    Address

  • Full Address: 83 Parkerview St
  • Address - House Number: 83
  • Address - Street Name: Parkerview
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1329
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 247,781
  • High Value: 292,369
  • Low Value: 203,194

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,600
  • Assessed Land Value: $55,200
  • Assessed Improvements Value: $143,400

    Sales

  • Current Sale Contract Date: Apr 07, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21626
  • Previous Sale Recording Date: May 15, 2012
  • Previous Sale Amount: $132,500
  • Previous Sale Document Type: 71
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 72631375

Frequently Asked Questions

When was property at 83 Parkerview Street built and last sold?
The property at 83 Parkerview Street was built in 1963 and last sold on Apr 7, 2020 for $196,500.
How much is this home worth?
The estimated value of the home located at 83 Parkerview Street is $197,545.
What are some comparable homes to 83 Parkerview Street?
There are currently no comparable homes to 83 Parkerview Street.
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