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Springfield 01119 Sixteen Acres
104 Creswell Dr
$259,900
● House - Off Market

104 Creswell Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,046 Ft²
$1,562
Est. Monthly

About This Property

This cute as a button ranch is located in the heart of Sixteen Acres, close to major shopping centers, schools and so much more! Fresh paint and hardwood floors throughout. Partially finished basement with fireplace. Enclosed porch. Spacious yard with attached deck. This home is a steal at this price! Get in before its gone!
Unit Size
1,046 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$248
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #73172638)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Premium
Sold
Nov 30, 2023 In contract -
In contract
Oct 20, 2023 Listed by Executive Real Estate, Inc. $259,900
Listed by Executive Real Estate, Inc.
Nov 27, 1996 Sold
Premium
Sold
Mar 11, 1996 Listed by Executive Real Estate, Inc. $85,900
Listed by Executive Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,563
  • Total Building Area: 1,046
  • Gross Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,046
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000288
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 34250024
  • Parcel: SPRI S:03425 P:0024
  • Municipality: SPRINGFIELD
  • Latitude: 42.1204
  • Longitude: -72.517

    Address

  • Full Address: 104 Creswell Dr
  • Address - House Number: 104
  • Address - Street Name: Creswell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2430
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $342,400

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 92
  • Final Value: 264,152
  • High Value: 287,125
  • Low Value: 241,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,800
  • Assessed Land Value: $50,600
  • Assessed Improvements Value: $150,200

    Sales

  • Current Sale Contract Date: Jan 25, 2024
  • Current Sale Recording Date: Jan 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3476
  • Previous Sale Recording Date: Nov 27, 1996
  • Previous Sale Amount: $77,000
  • 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:

$320,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73172638

Frequently Asked Questions

When was property at 104 Creswell Drive built and last sold?
The property at 104 Creswell Drive was built in 1954 and last sold on Jan 25, 2024 for $259,900.
How much is this home worth?
The estimated value of the home located at 104 Creswell Drive is $264,744.
What are some comparable homes to 104 Creswell Drive?
There are currently no comparable homes to 104 Creswell Drive.
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