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Springfield 01119 Sixteen Acres
116 Granger St
$164,900
● House - Off Market

116 Granger St

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
768 Ft²
$241,991
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Well maintained two bedroom in Sixteen Acres with upgrades galore. Kitchen boasts stylish cabinets, apron sink, heated tile floor and built-in microwave and range. All appliances to remain for buyers enjoyment.  Newer replacement windows with warranty and top of the line vinyl siding make this a breeze to maintain.  Central air and beautiful large yard  with patio guarantee both indoor and outdoor enjoyment. Heated floor in bathroom also.  Finished portion of basement was insulated and soundproofed for use as home studio. Currently used for family room and extra sleeping area.  Other side of basement has plenty of storage and workshop.  Sprinkler system, oversized one car garage with storage. Very close to Western New England University.
Unit Size
768 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$215
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1953

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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 #72499237)

Price History

Date / Event Date Event Price
Jul 9, 2019 Sold
Premium
Sold
May 13, 2019 Listed by Dot Lortie Realty / Landmark $164,900
Listed by Dot Lortie Realty / Landmark
Feb 2, 2006 Sold
Premium
Sold
Dec 5, 2005 Listed by Dot Lortie Realty / Landmark $142,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,535
  • Total Building Area: 768
  • Gross Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000219
  • 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: 59300024
  • Parcel: SPRI S:05930 P:0024
  • Municipality: SPRINGFIELD
  • Latitude: 42.1209
  • Longitude: -72.5138

    Address

  • Full Address: 116 Granger St
  • Address - House Number: 116
  • Address - Street Name: Granger
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2412
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,800

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 256,134
  • High Value: 311,602
  • Low Value: 200,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,300
  • Assessed Land Value: $49,400
  • Assessed Improvements Value: $166,900

    Sales

  • Current Sale Contract Date: Jul 08, 2019
  • Current Sale Recording Date: Jul 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37254
  • Previous Sale Recording Date: Feb 02, 2006
  • Previous Sale Amount: $140,500
  • 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# 72499237

Frequently Asked Questions

When was property at 116 Granger Street built and last sold?
The property at 116 Granger Street was built in 1953 and last sold on Jul 8, 2019 for $164,900.
How much is this home worth?
The estimated value of the home located at 116 Granger Street is $166,900.
What are some comparable homes to 116 Granger Street?
There are currently no comparable homes to 116 Granger Street.
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