Duplex with Updated
50-52 Humbert St, Springfield, MA 01109
For Sale
New
$380,000
A two-story residence with four bedrooms, three full bathrooms, and stone kitchen counters.
Property Size1,710 SF
Price / SF$222.22
Days on Market6
Property Features for 50-52 Humbert St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
private yard
Building Details
Year Built
Buildings
Stories
Construction
Listing Agency:
The Colondres Group, Lock And Key Realty Inc
Listed By:
The J. Pavao Team
(774) 319-1169
Source:
Topmassachusettsrealtors
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 8 at 5:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Colondres Group, Lock And Key Realty Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story duplex contains 1,710 square feet, with four bedrooms and three full bathrooms. Built in 1972, the property has a recently renovated kitchen with stone countertops and a private yard for outdoor use.
Key Highlights
- 1,710 square feet across two stories
- Four bedrooms and three full bathrooms
- Kitchen updated recently with stone counters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,311
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,220
$506.2K
Cap Rate 7%
$361,586
$361.6K
Cap Rate 9%
$281,233
$281.2K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$38.0K $22.20/SF
− Vacancy
−$1.8K −$1.05/SF
EGI
$36.2K $21.15/SF
− OpEx
−$10.8K −$6.34/SF
NOI
$25.3K $14.80/SF
Area
Springfield, MA
Vacancy
4.75%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,220
Cap Rate 7%
$361,586
Cap Rate 9%
$281,233
Alternative Uses
Best Use
Multifamily LT 5
$361.6K
$316.4K – $421.9K
NOI $25,311 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$321.7K
$281.5K – $375.3K
NOI $22,516 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$464.3K
$406.3K – $541.7K
NOI $32,504 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 01109, MA
30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Springfield, MA
Properties on Market for Duplexes in Springfield
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-story residence with four bedrooms, three full bathrooms, and stone kitchen counters.
Where is this duplex located?
The property is located at 50-52 Humbert St Springfield, MA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 1,710 square feet across two stories; Four bedrooms and three full bathrooms; Kitchen updated recently with stone counters
