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Springfield 01119 Sixteen Acres
109 Gardens Dr
$120,000
● House - Off Market

109 Gardens Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,392 Ft²
$241,061
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Fabulous layout throughout this lovely ranch, needs TLC & has some deferred maintenance however this home could be a charm!  All bedrooms have hardwood floors throughout & ceiling fans, spacious 12 x 12 living room w/ brick hearth fireplace opening to kitchen w/ eat in area and spacious formal living room... Partially finished basement needs some work but offers a large spacious room w/ an additional room and 3/4 bath. Two zone heating, boiler (2004), newer oil tank &  partial roof 10 yr old (APO). Great fenced in flat backyard w/ shed is just a nice bonus! Being sold "as is"
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$93
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1954

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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 #71741599)

Price History

Date / Event Date Event Price
Dec 12, 2014 Sold
Premium
Sold
Sep 11, 2014 Listed by Real Living Realty Professionals, LLC $129,000
Listed by Real Living Realty Professionals, LLC
Aug 31, 2006 Sold
Premium
Sold
Aug 25, 2006 Listed by Real Living Realty Professionals, LLC $159,900
Listed by Real Living Realty Professionals, LLC

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: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7,701
  • Total Building Area: 1,392
  • Gross Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000177
  • 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: 55000075
  • Parcel: SPRI S:05500 P:0075
  • Municipality: SPRINGFIELD
  • Latitude: 42.1233
  • Longitude: -72.5013

    Address

  • Full Address: 109 Gardens Dr
  • Address - House Number: 109
  • Address - Street Name: Gardens
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2535
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2216
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 249,269
  • High Value: 304,528
  • Low Value: 194,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,300
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $126,300

    Sales

  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63119
  • Previous Sale Recording Date: Aug 31, 2006
  • Previous Sale Amount: $162,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71741599

Frequently Asked Questions

When was property at 109 Gardens Drive built and last sold?
The property at 109 Gardens Drive was built in 1954 and last sold on Jan 1, 1970 for $120,000.
How much is this home worth?
The estimated value of the home located at 109 Gardens Drive is $145,450.
What are some comparable homes to 109 Gardens Drive?
There are currently no comparable homes to 109 Gardens Drive.
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