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Expired

194 Hancock St, Springfield MA 01109

$229,000

Estimated $581.65/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $114,500

Total Rent: 22800/year

Estimated CAP Rate: 8.85%

4 Bedrooms

2 Full Baths

1,777 SqFt

Total Parking: 6 (2 Garage)

3,115 SqFt

Looking for an investment property? This property has two units that are currently occupied. Tenants are on time and up to date on their payments. The property has a detached garage and sits on a corner lot. Fenced in yard, updated kitchens and bathroom. 48 hour notice is required for showings.

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 4:50am (Source: MLS PIN #73053882)

Gross Income: $22,800

Gross Expenses: $2,524

Net Income Calc: $20,276

CAP Rate: 8.85%

Annual Expenses for 194 Hancock St, Springfield MA 01109

Total Gross Expenses (Calculated)$2,524/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$2,524

Annual Income & Unit Breakdown for 194 Hancock St, Springfield MA 01109

Total Gross Income (Calculated)$22,800

Unit 1

Rental Income$950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 194 Hancock St, Springfield MA 01109

Listing ID73053882

Property TypeMulti Family

Price$229,000 ($128.87/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total1,777 SqFt

Approximate Lot Size (Acres)0.07 acres

Total Parking6 (2 Garage)

Garage Parking2 / Detached

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 194 Hancock St, Springfield MA 01109

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$22,800

Total Net Income By Broker$22,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 194 Hancock St, Springfield MA 01109

Real Estate Taxes$2,524

Tax Year2022

Assessed Value$134,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$22,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$22,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.85%

Location Information for 194 Hancock St, Springfield MA 01109

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 194 Hancock St, Springfield MA 01109

Agent

Name: Lucy Cordero

Office

Name: Keller Williams Realty

Phone: 860-313-0700

Payment Calculator

, Interest

Property Taxes 210.33

Principal & Interest 1411.03

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Lucy Cordero

Agent Phone

Office Phone

(860) 313-0700

Text Agent Call Agent Call Office

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EXIT