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Springfield 01129 Sixteen Acres
103 Spikenard Cir
$147,500
● House - Off Market

103 Spikenard Cir

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$248,996
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Seller is offering $2500 closing cost credit just in time for the holidays! "Larger than it looks" 3 bedroom Ranch on Wilbraham line!  Spacious family room offers new flooring (2015); Updated kitchen has new flooring, new counter and faucet, pantry, all appliances remain, sliders to deck and backyard; Living room has hardwood floors and pellet stove to help reduce heating costs;  3 generous-sized bedrooms have hardwood floors and large closets.  Additional updates include replacement windows (including basement), newer hot water heater, newer whole house fan, and driveway widened.  Basement could be finished for additional living space!  A great opportunity to own!
Unit Size
1,140 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$131
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #72050219)

Price History

Date / Event Date Event Price
Feb 10, 2017 Sold
Premium
Sold
Aug 8, 2016 Listed by Coldwell Banker Residential Brokerage - Longmeadow $149,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Mar 26, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,787
  • Total Building Area: 1,140
  • Gross Building Area: 1,140
  • Building Area: 1,140
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,140
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000271
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 110360100
  • Parcel: SPRI S:11036 P:0100
  • Municipality: SPRINGFIELD
  • Latitude: 42.1268
  • Longitude: -72.4815

    Address

  • Full Address: 103 Spikenard Cir
  • Address - House Number: 103
  • Address - Street Name: Spikenard
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1527
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,400

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 270,810
  • High Value: 329,120
  • Low Value: 212,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,200
  • Assessed Land Value: $55,800
  • Assessed Improvements Value: $154,400

    Sales

  • Current Sale Recording Date: Feb 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7697
  • Previous Sale Recording Date: Mar 26, 2009
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 27
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72050219

Frequently Asked Questions

When was property at 103 Spikenard Circle built and last sold?
The property at 103 Spikenard Circle was built in 1971 and last sold on Jan 1, 1970 for $147,500.
How much is this home worth?
The estimated value of the home located at 103 Spikenard Circle is $158,962.
What are some comparable homes to 103 Spikenard Circle?
There are currently no comparable homes to 103 Spikenard Circle.
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