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$150,000
● Multifamily - Off Market

978-980 Grayson

Springfield, MA
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,016 Ft²
$345,809
RealtyHop Estimate
123.25%
Since Apr 1, 2011
National-US
Primary Model

About This Property

Well kept Duplex in a great location! Each unit has a large living room with dining area, first floor half bath, 2 generously sized bedrooms (master bedroom has 2 closets!) and a large bath. Unit 2 has a partially finished basement.  Freshly painted throughout. Call to see it today.
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$77
Property Type
Multifamily
Property Taxes
$248
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71130840)

Price History

Date / Event Date Event Price
Mar 16, 2011 Sold
Premium
Sold
Sep 1, 2010 Listed by BKaye Realty $154,900
Listed by BKaye Realty

Property Highlights

Parking Details
Parking Features: Shared Driveway
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Unit 1(Storage), Unit 2(Storage), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator)
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 8
Basement: Full, Partially Finished, Bulkhead
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Duplex
Stories (Total): 4
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: R1
Parcel Number: 2586885
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $152,600
Tax Annual Amount: $2,976
Utilities Details
Cooling Type: Unit 1(None)
Heating Type: Unit 1(Electric Baseboard)
Location Details
Community Features: Public Transportation, Shopping

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71130840
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