281 StateSpringfield, MA 01103
- Day care centers & nurseries
- 7,536 SF
Off market
$5,230,890 Estimated
Property Details for 281 State
- Year built
- 1850
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 7,536 SF
- Zone code
- SC1C2
- Property type
- Day care centers & nurseries
- APN
- SPRI S:11110 P:0604
- APU
- SPRIS11110P0604
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,412,050
- 6.5%
- $1,303,430
- 7%
- $1,210,330
-
Comparable approach
- Method
- Valuation
- Relative Method
- $984,654
- Geo Method
- $984,654
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $2,566,150
- Retail / Commercial
- $1,315,910
- Mixed-Use / Specialty
- $1,311,220
- Hospitality / Lodging
- $962,000
- Office
- $1,303,430
- Institutional / Educational
- $1,363,140
- Residential Income
- $1,594,870
- Multifamily
- $1,912,810
- Automotive / Energy
- $1,168,410
- Parking / Income-Based Land
- $403,203
- Restaurant / Food Service
- $681,976
- Healthcare / Senior Housing
- $1,344,630
Location Insight
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.1043
- Longitude
- -72.5823
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,859
$161,000
$241,300
$402,300
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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