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Springfield 01109 Sixteen Acres
99 Monticello Ave
$205,000
● House - Off Market

99 Monticello Ave

Springfield, MA 01109
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,620 Ft²
$296,790
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Welcome to this lovely, beautifully renovated 5 bedrooms full brick home with 2 full baths in Sixteen Acres, one of the best areas in Springfield. The house features a gorgeous large living room with a fireplace leading to a bright and airy eat-in kitchen with full appliances. The first floor has two bedrooms and a full bath. The second floor has an additional two bedrooms with a large open three-season porch. The basement is partially finished with one updated bedroom, living room, and a full bath. The house also has a large 12x14 shed with electricity for storage or workspace. The backyard is large and even, ready for BBQ in the summertime. Close to shops, restaurants, schools, and all major routes. Fantastic opportunity!!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$130
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1939

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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 #72620235)

Price History

Date / Event Date Event Price
May 5, 2020 Sold
Premium
Sold
Feb 17, 2020 Listed by Kava Realty Group, Inc. $209,999
Listed by Kava Realty Group, Inc.
Dec 3, 2019 Sold
Premium
Sold
Sep 10, 2019 Listed by Kava Realty Group, Inc. $125,000
Listed by Kava Realty Group, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 330
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,607
  • Gross Building Area: 1,607
  • Building Area: 1,607
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,607
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 88000032
  • Parcel: SPRI S:08800 P:0032
  • Municipality: SPRINGFIELD
  • Latitude: 42.1114
  • Longitude: -72.5321

    Address

  • Full Address: 99 Monticello Ave
  • Address - House Number: 99
  • Address - Street Name: Monticello
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1413
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 308,830
  • High Value: 376,488
  • Low Value: 241,172

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,200
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Apr 30, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 221748
  • Previous Sale Recording Date: Dec 03, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $120,000
  • 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

1353 ft²

Average Home Age

52.9 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 72620235

Frequently Asked Questions

When was property at 99 Monticello Avenue built and last sold?
The property at 99 Monticello Avenue was built in 1939 and last sold on Apr 30, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 99 Monticello Avenue is $211,348.
What are some comparable homes to 99 Monticello Avenue?
There are currently no comparable homes to 99 Monticello Avenue.
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