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Springfield 01118 Sixteen Acres
90 Newhouse St
$270,000
● House - Off Market

90 Newhouse St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$250,419
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

**SELLER IS REQUESTING HIGHEST & BEST OFFERS BY 8PM ON MONDAY 4/24** This lovely Springfield ranch is ready for its new owner to enjoy one floor living! Enjoy your eat in kitchen with stainless steel appliances. Just down the hall you will find three generous size bedrooms and full bathroom. Relax in comfort with hardwood floors and ceiling fans throughout most of the home. Head outside to your fully fenced flat backyard with back deck and patio just waiting for you to enjoy the summer. Benefit from the many updates this home has to offer such as a newer oil tank, central air, blown in insulation, and updated water heater.
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$237
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1959

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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: 5 months ago (MLSPIN #73101160)

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold
Premium
Sold
Apr 27, 2023 In contract -
In contract
Apr 20, 2023 Listed by Keller Williams, LLC- The Neilsen Team - Livian $250,000
Listed by Keller Williams, LLC- The Neilsen Team - Livian
Jul 16, 2019 Sold
Premium
Sold
May 28, 2019 Listed by Keller Williams, LLC- The Neilsen Team - Livian $175,000
Listed by Keller Williams, LLC- The Neilsen Team - Livian
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,753
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DURKEE WHITE
  • Land Acres: 0000000224
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 90050018
  • Parcel: SPRI S:09005 P:0018
  • Municipality: SPRINGFIELD
  • Latitude: 42.0919
  • Longitude: -72.5148

    Address

  • Full Address: 90 Newhouse St
  • Address - House Number: 90
  • Address - Street Name: Newhouse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2508
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $400,500

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 281,225
  • High Value: 341,065
  • Low Value: 221,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,900
  • Assessed Land Value: $54,900
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27631
  • Previous Sale Recording Date: Jul 16, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1378 ft²

Average Home Age

52.5 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 73101160

Frequently Asked Questions

When was property at 90 Newhouse Street built and last sold?
The property at 90 Newhouse Street was built in 1959 and last sold on Jun 16, 2023 for $270,000.
How much is this home worth?
The estimated value of the home located at 90 Newhouse Street is $251,809.
What are some comparable homes to 90 Newhouse Street?
There are currently no comparable homes to 90 Newhouse Street.
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