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Springfield 01109 McKnight
98 Yale Street
$226,000
● House - Off Market

98 Yale Street

Springfield, MA 01109
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,830 Ft²
$231,493
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Gorgeous 8 room 4 bed home located in beautiful Hill McKnight. Updates include new furnace (ready for AC), HW tank and roof. Stunning wood floors, period lighting and pristine original woodwork run throughout. Main floor has large foyer, sitting room, living room with original tiled fireplace, dining room with built-in cabinet, sunny kitchen complete with appliances and a quarter bath. Upstairs find 4 spacious bedrooms, enclosed porch for relaxing and a full bath. The 3rd floor is ready for completion with 3 more rooms. Enjoy a lovely front porch, enclosed back porch, a 2-car garage, vinyl siding, vinyl windows and a fenced in yard all centrally located near amenities, schools and highways.
Unit Size
1,830 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$122
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1912

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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 #72989138)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
May 31, 2022 Listed by Neilsen Realty LLC $223,900
Listed by Neilsen Realty LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 4,953
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 801300

Zoning

  • Zoning: R1

Geography

  • Account Number: 125900019
  • Parcel: SPRI S:12590 P:0019
  • Municipality: SPRINGFIELD
  • Latitude: 42.1194
  • Longitude: -72.5677

    Address

  • Full Address: 98 Yale St
  • Address - House Number: 98
  • Address - Street Name: Yale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3435
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $310,700

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 252,285
  • High Value: 308,016
  • Low Value: 196,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,200
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $160,400

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47175
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 McKnight

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$132

Below Asking

0.02%

Average Days on Market

66

Average Home Size

3248 ft²

Average Home Age

127.7 years

Currently For Sale

11 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72989138

Frequently Asked Questions

When was property at 98 Yale Street built and last sold?
The property at 98 Yale Street was built in 1912 and last sold on Aug 3, 2022 for $226,000.
How much is this home worth?
The estimated value of the home located at 98 Yale Street is $228,181.
What are some comparable homes to 98 Yale Street?
There are currently no comparable homes to 98 Yale Street.
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