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Springfield 01104 East Springfield
893 St. James Ave
$265,000
● House - Off Market

893 St. James Ave

Springfield, MA 01104
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,358 Ft²
$1,605
Est. Monthly

About This Property

Welcome to a truly remarkable colonial home with plenty of charm, the property offers 3 bedrooms, 1 full bathroom, dining room with wood pellet stove, living room with fireplace and a gorgeous room covered in cedar with plenty of windows to enjoy. The kitchen offers a pantry area, dishwasher, gas range, refrigerator and microwave. Plenty of windows throughout. Full basement with washer and Dryer, outdoors Seller has a small garden plus a shed for storage. Come see for yourself.Motivated Seller
Unit Size
1,358 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$191
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1928

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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 #73167946)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Jan 27, 2024 In contract -
In contract
Nov 28, 2023 Price Decreased $259,900
↓ $10K (3.7%)
Price Decreased
Nov 4, 2023 Price Increased $270,000
↑ $10K (3.9%)
Price Increased
Oct 7, 2023 Listed by Keller Williams Realty $259,900
Listed by Keller Williams Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 6,294
  • Total Building Area: 1,358
  • Gross Building Area: 1,358
  • Building Area: 1,358
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,358
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 111700253
  • Parcel: SPRI S:11170 P:0253
  • Municipality: SPRINGFIELD
  • Latitude: 42.1334
  • Longitude: -72.5667

    Address

  • Full Address: 893 Saint James Ave
  • Address - House Number: 893
  • 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: $393,500

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 253,706
  • High Value: 275,868
  • Low Value: 231,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,800
  • Assessed Land Value: $34,200
  • Assessed Improvements Value: $196,600

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6888
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Amount: $142,000
  • 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:

$287,450

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

56

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73167946

Frequently Asked Questions

When was property at 893 St James Avenue built and last sold?
The property at 893 St James Avenue was built in 1928 and last sold on Feb 16, 2024 for $265,000.
How much is this home worth?
The estimated value of the home located at 893 St James Avenue is $259,798.
What are some comparable homes to 893 St James Avenue?
There are currently no comparable homes to 893 St James Avenue.
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