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Springfield 01104 East Springfield
881 St. James Avenue
$155,500
● House - Off Market

881 St. James Avenue

Springfield, MA 01104
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,252 Ft²
$219,253
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

"HOME SWEET HOME!". great vinyl siding colonial with oversized 2 car garage. Enter a bright spacious living room with open stairway.  The dining room has a hutch, and opens to the kitchen with (2017) stove and refrigerator, plus gleaming gray porcelain tile floor which you will love!  More space in the cheerful sun room with closet and new carpeting, easily converted to office or den. Large master bedroom, plus another bedroom, master bedroom size with hardwood floors, on second floor.  Nice Bath with stone tub area and newly tiled floor. Washer and dryer (2017) remain.  Enjoy the spacious yard with 6 car parking. Great convenient area near malls, parks, college and Mass Pike and I-91, so in minutes you can partake in all the great downtown cultural and entertainment activities.
Unit Size
1,252 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$120
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1937

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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 #72583207)

Price History

Date / Event Date Event Price
Dec 30, 2019 Sold
Premium
Sold
Oct 22, 2019 Listed by Dot Lortie Realty / Landmark $149,900
Listed by Dot Lortie Realty / Landmark
Sep 28, 2017 Sold
Premium
Sold
Jul 31, 2012 Sold
Premium
Sold
May 2, 2012 Listed by Great Homes Real Estate, Inc. $21,900
Listed by Great Homes Real Estate, Inc.
FLIP THIS HOUSE!! Short Sale - Great price. Call Today
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Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,713
  • Total Building Area: 1,266
  • Gross Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PLACE
  • Land Acres: 0000000154
  • 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: 111700255
  • Parcel: SPRI S:11170 P:0255
  • Municipality: SPRINGFIELD
  • Latitude: 42.1331
  • Longitude: -72.5664

    Address

  • Full Address: 881 Saint James Ave
  • Address - House Number: 881
  • Address - Street Name: Saint James
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2819
  • Zip Code: 01104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $388,600

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 276,906
  • High Value: 337,073
  • Low Value: 216,739

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,900
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $193,600

    Sales

  • Current Sale Contract Date: Dec 16, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78156
  • Previous Sale Recording Date: Sep 28, 2017
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 55
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

55

Average Home Size

1332 ft²

Average Home Age

78.7 years

Currently For Sale

16 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# 72583207

Frequently Asked Questions

When was property at 881 St James Avenue built and last sold?
The property at 881 St James Avenue was built in 1937 and last sold on Dec 16, 2019 for $155,500.
How much is this home worth?
The estimated value of the home located at 881 St James Avenue is $163,852.
What are some comparable homes to 881 St James Avenue?
There are currently no comparable homes to 881 St James Avenue.
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