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218 Oakland St, Springfield MA 01108

$299,000

Estimated $803.25/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $99,666.67

Total Rent: 15600/year

Estimated CAP Rate: 3.94%

8 Bedrooms

2 Full Baths

3,325 SqFt

Total Parking: 5

5,001 SqFt

Opportunity Knocks with this Multi-Family. A must see.

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 8:36am (Source: MLS PIN #73113894)

Gross Income: $15,600

Gross Expenses: $3,821

Net Income Calc: $11,779

CAP Rate: 3.94%

Annual Expenses for 218 Oakland St, Springfield MA 01108

Total Gross Expenses (Calculated)$3,821/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,821

Annual Income & Unit Breakdown for 218 Oakland St, Springfield MA 01108

Total Gross Income (Calculated)$15,600

Unit 1

Rental Income$1,300

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms4

Bathrooms

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 218 Oakland St, Springfield MA 01108

Listing ID73113894

Property TypeMulti Family

Price$299,000 ($89.92/SqFt)

StyleMulti Family

CitySpringfield

CountyHampden

MLS Area

Neighborhood(s)

Approximate Living Area Total3,325 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking5

Garage Parking

Year Built1904

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 218 Oakland St, Springfield MA 01108

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$16,800

Total Net Income By Broker$16,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 218 Oakland St, Springfield MA 01108

Real Estate Taxes$3,821

Tax Year2023

Assessed Value$224,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$16,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$16,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.94%

Location Information for 218 Oakland St, Springfield MA 01108

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation

Contact Information for 218 Oakland St, Springfield MA 01108

Agent

Name: Gina Ocasio

Office

Name: Vylla Home

Phone: 617-877-6033

Payment Calculator

, Interest

Property Taxes 318.42

Principal & Interest 1842.34

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Vylla Home

Gina Ocasio

Agent Phone

Office Phone

(617) 877-6033

Text Agent Call Agent Call Office

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[last_month_required] => Array
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    [laundry_features] => Array
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[lead_paint] => Array
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    [living_area_disclosure] => Array
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[living_area_includes_basement] => Array
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[management_expense] => Array
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    [miscellaneuos_expense] => Array
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    [office] => Array
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            [name] => Vylla Home
            [phone] => 617-877-6033
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[optional_fee_includes] => Array
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        (
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[owner_occupancy_source] => 
    [parking_features] => Array
        (
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[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
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[perc_test_date] => Unknown
    [pet_policy] => Array
        (
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[phone] => 413-433-1661
    [pool_features] => Array
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[price] => $299,000
    [price_per_sqft] => 89.92
    [price_per_unit] => 99666.666666667
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[real_estate_tax] => $3,821
    [references_required] => Array
        (
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[rent_includes] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
        (
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[roof_material] => Array
        (
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[rooms] => 15
    [senior_community] => No
    [sewer] => Array
        (
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 218
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[style] => Array
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[subagent_compensation] => 
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    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
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    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
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[terms] => Array
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[timber_acres] => None
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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[unit_1_levels] => 1
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[unit_2_levels] => 1
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    [unit_3_lease] => Array
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[unit_4_bathrooms] => 
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    [unit_4_floor] => 
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[unit_4_levels] => 
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[utilities] => Array
        (
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[view] => Array
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[water] => Array
        (
        )

[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
        (
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[waterfront] => No
    [waterfront_features] => Array
        (
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)

EXIT

Closed

218 Oakland St, Springfield MA 01108

$299,000

Annual Expenses for 218 Oakland St, Springfield MA 01108

Annual Income & Unit Breakdown for 218 Oakland St, Springfield MA 01108

General Information for 218 Oakland St, Springfield MA 01108

Disclosures for 218 Oakland St, Springfield MA 01108

Financial Information for 218 Oakland St, Springfield MA 01108

Location Information for 218 Oakland St, Springfield MA 01108

Contact Information for 218 Oakland St, Springfield MA 01108

Agent

Office

Payment Calculator

Exclusive Listing Agent

Vylla Home

Gina Ocasio