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Springfield 01129 Sixteen Acres
89 Groton St
$165,000
● House - Off Market

89 Groton St

Springfield, MA 01129
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,450 Ft²
$233,768
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Perennial gardens surround this vinyl-sided Ranch situated on almost 1/4 acre that awaits you !  Large living room opens to generous sized  oak kitchen with counter eating and dining area with ceiling fan and bow window. Four bedrooms are all ample sized and have been spaced around the home . The windows have been replaced and the the exterior doors are steel construction . All appliances left for buyers enjoyment. There are two heating systems (one is baseboard hot water and the second is radiant heat). There are three air units being left for buyers enjoyment as well. The flooring is easy care for tile and laminate. The three season porch has been used by the owner year round . Roof to be replaced prior to closing !!
Unit Size
1,450 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$110
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72534515)

Price History

Date / Event Date Event Price
Sep 27, 2019 Sold
Premium
Sold
Jul 15, 2019 Listed by Coldwell Banker Residential Brokerage - Longmeadow $159,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Feb 27, 2004 Sold
Premium
Sold
Dec 16, 2003 Listed by Coldwell Banker Residential Brokerage - Longmeadow $124,999
Listed by Coldwell Banker Residential Brokerage - Longmeadow
May 24, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 1,412
  • Gross Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,412
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 61000050
  • Parcel: SPRI S:06100 P:0050
  • Municipality: SPRINGFIELD
  • Latitude: 42.1205
  • Longitude: -72.4948

    Address

  • Full Address: 89 Groton St
  • Address - House Number: 89
  • Address - Street Name: Groton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1632
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $322,100

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 243,638
  • High Value: 294,238
  • Low Value: 193,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,900
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $133,900

    Sales

  • Current Sale Contract Date: Sep 27, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 219673
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Amount: $124,999
  • Previous Sale Document Type: 48
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

1246 ft²

Average Home Age

52.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72534515

Frequently Asked Questions

When was property at 89 Groton Street built and last sold?
The property at 89 Groton Street was built in 1956 and last sold on Sep 27, 2019 for $165,000.
How much is this home worth?
The estimated value of the home located at 89 Groton Street is $168,132.
What are some comparable homes to 89 Groton Street?
There are currently no comparable homes to 89 Groton Street.
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