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Springfield 01109 Old Hill
9 Searle Pl
$122,570
● House - Off Market

9 Searle Pl

Springfield, MA 01105
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,280 Ft²
$122,542
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

DIYourselfers, Here it is, Don't let this one get away!!  Left side unit condex (left side unit of this duplex style home) needing some attention available for quick sale. House does need some investment to bring it back to make it a great home or a sweet rental income property.  Nice layout with family space and half bath on first floor and three bedrooms and full bath on second floor.  For added bonus space the basement can potentially be finished for kids or adult play space. Property has a nice sized yard, convenient location and is situated in a cul de sac. Adjacent unit - MLS 72921673 also listed for sale. Please note purchase of both units will involve two separate closings, buyer to do due diligence regarding revising city records of condex status, if so desired.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$93
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1982

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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 #72906748)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Oct 11, 2021 Listed by Coldwell Banker Realty - Longmeadow $119,000
Listed by Coldwell Banker Realty - Longmeadow
Dec 17, 2010 Sold
Premium
Sold
Jun 21, 2010 Listed by Coldwell Banker Realty - Longmeadow $24,900
Listed by Coldwell Banker Realty - Longmeadow
Nov 17, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,428
  • Total Building Area: 1,280
  • Gross Building Area: 1,280
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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: 801800

Zoning

  • Zoning: B1

Geography

  • Account Number: 106650013
  • Parcel: SPRI S:10665 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1
  • Longitude: -72.5649

    Address

  • Full Address: 9 Searle Pl
  • Address - House Number: 9
  • Address - Street Name: Searle
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 1608
  • Zip Code: 01105

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $198,600

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 189,830
  • High Value: 231,741
  • Low Value: 147,918

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,500
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $94,300

    Sales

  • Current Sale Contract Date: Mar 03, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13572
  • Previous Sale Recording Date: Dec 17, 2010
  • Previous Sale Amount: $24,900
  • 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 Old Hill

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2961 ft²

Average Home Age

119.1 years

Currently For Sale

7 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# 72906748

Frequently Asked Questions

When was property at 9 Searle Place built and last sold?
The property at 9 Searle Place was built in 1982 and last sold on Mar 3, 2022 for $122,570.
How much is this home worth?
The estimated value of the home located at 9 Searle Place is $122,362.
What are some comparable homes to 9 Searle Place?
There are currently no comparable homes to 9 Searle Place.
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