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Springfield 01119 Pine Point
91 Fargo St
$205,000
● House - Off Market

91 Fargo St

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$194,284
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come check out the seemingly endless possibilities this cute, traditional, cape style starter home offers! This well maintained home is tucked away on a quiet street in Pine Point and is convenient to everything. It boasts a lovely fenced in yard, covered patio and 2 Bedrooms on the first floor. Fantastic possibilities to grow into into the upstairs await- some of the work has already been done! The partially finished basement could easily be updated to provide even more space.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$247
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1957

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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 #72986489)

Price History

Date / Event Date Event Price
Jul 14, 2022 Sold
Premium
Sold
May 23, 2022 Listed by Lock and Key Realty Inc. $189,900
Listed by Lock and Key Realty Inc.
Nov 29, 2006 Sold
Premium
Sold
Aug 10, 2006 Listed by Lock and Key Realty Inc. $130,900
Listed by Lock and Key Realty Inc.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 5,001
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 49300068
  • Parcel: SPRI S:04930 P:0068
  • Municipality: SPRINGFIELD
  • Latitude: 42.1312
  • Longitude: -72.5227

    Address

  • Full Address: 91 Fargo St
  • Address - House Number: 91
  • Address - Street Name: Fargo
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1444
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $270,800

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 217,339
  • High Value: 264,540
  • Low Value: 170,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,800
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $125,900

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42847
  • Previous Sale Recording Date: Nov 29, 2006
  • Previous Sale Amount: $130,000
  • 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 Pine Point

Stats & Trends

Median Asking:

$296,500

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1423 ft²

Average Home Age

86.9 years

Currently For Sale

29 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

Unit for rent at 800 6th Ave., AGAWAM, MA, 1001

$8,269 /mo

  • 2 Beds
  • 2 Baths
  • 1,114 ft²
800 6th Ave. #27G-1, AGAWAM, MA, 1001 Listing by Leasing Office

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72986489

Frequently Asked Questions

When was property at 91 Fargo Street built and last sold?
The property at 91 Fargo Street was built in 1957 and last sold on Jul 14, 2022 for $205,000.
How much is this home worth?
The estimated value of the home located at 91 Fargo Street is $189,472.
What are some comparable homes to 91 Fargo Street?
There are currently no comparable homes to 91 Fargo Street.
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