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Springfield 01128 Sixteen Acres
115 Corey Rd
$148,000
● House - Off Market

115 Corey Rd

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$317,561
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Move in ready 3 bedroom ranch in desirable 16 acres neighborhood.  This home features gas heat, central air, replacement windows, updated kitchen and baths and a partially finished basement perfect for an office or play room.  Entertain on the deck and patio in the summer and let the kids run in the fenced in yard.  Interior has been freshly painted in neutral colors.  There is plenty of room to add a garage, etc (APO).
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$152
Property Type
House
Property Taxes
$240
HOA Dues
-
Year Built
1973

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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 #71469273)

Price History

Date / Event Date Event Price
May 13, 2013 Sold
Premium
Sold
Jan 6, 2013 Listed by Coldwell Banker Residential Brokerage - Longmeadow $159,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Aug 17, 2007 Sold
Premium
Sold
May 26, 2007 Listed by Coldwell Banker Residential Brokerage - Longmeadow $179,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Feb 20, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • 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: 18
  • 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: 11,247
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 32360030
  • Parcel: SPRI S:03236 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.0951
  • Longitude: -72.4833

    Address

  • Full Address: 115 Corey Rd
  • Address - House Number: 115
  • Address - Street Name: Corey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1321
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 286,878
  • High Value: 338,501
  • Low Value: 235,255

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,100
  • Assessed Land Value: $57,800
  • Assessed Improvements Value: $157,300

    Sales

  • Current Sale Recording Date: May 13, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000002
  • Previous Sale Recording Date: Aug 17, 2007
  • Previous Sale Amount: $175,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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# 71469273

Frequently Asked Questions

When was property at 115 Corey Road built and last sold?
The property at 115 Corey Road was built in 1973 and last sold on Jan 1, 1970 for $148,000.
How much is this home worth?
The estimated value of the home located at 115 Corey Road is $169,098.
What are some comparable homes to 115 Corey Road?
There are currently no comparable homes to 115 Corey Road.
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