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Springfield 01119 Sixteen Acres
11 Gardens Drive
$290,000
● House - Off Market

11 Gardens Drive

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$277,291
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Outstanding Sixteen Acres location. Come to see this meticulously maintained ranch-style home that is in move-in-ready condition. The interior layout is classic and enhanced with a family room, three generous-sized bedrooms, and hardwood floors throughout. Fully finished basement with an extra room. The home is equipped with leased solar panels that will offset the cost of your electric bill. Minutes away from many area amenities and priced to sell, this home will not last. The deadline has been set for Tuesday at 10am.
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$240
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1966

Payment Calculator

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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 #73034193)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Sep 16, 2022 In contract -
In contract
Sep 8, 2022 Listed by NRG Real Estate Services, Inc. $265,000
Listed by NRG Real Estate Services, Inc.
Jan 27, 2006 Sold
Premium
Sold
Dec 31, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,061
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000323
  • 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: 55000099
  • Parcel: SPRI S:05500 P:0099
  • Municipality: SPRINGFIELD
  • Latitude: 42.1237
  • Longitude: -72.4977

    Address

  • Full Address: 11 Gardens Dr
  • Address - House Number: 11
  • Address - Street Name: Gardens
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2533
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 302,497
  • High Value: 366,992
  • Low Value: 238,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,900
  • Assessed Land Value: $51,300
  • Assessed Improvements Value: $182,600

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64344
  • Previous Sale Recording Date: Jan 27, 2006
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73034193

Frequently Asked Questions

When was property at 11 Gardens Drive built and last sold?
The property at 11 Gardens Drive was built in 1966 and last sold on Oct 28, 2022 for $290,000.
How much is this home worth?
The estimated value of the home located at 11 Gardens Drive is $271,920.
What are some comparable homes to 11 Gardens Drive?
There are currently no comparable homes to 11 Gardens Drive.
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