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Springfield 01129 Sixteen Acres
116 Willowbrook Drive
$160,000
● House - Off Market

116 Willowbrook Drive

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
942 Ft²
$271,425
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Completely remodeled ranch in fantastic walking neighborhood.  New windows and siding.  Brand new kitchen with granite, tile, new cabinets and stainless steel appliances (refrigerator, stove, microwave and dishwasher). New bath with amazing tile work. Great open floor plan.  This home has a great flow!  Freshly painted and the hardwoods are gleaming. This is not your average rehab! Great yard! Come see at the Open House, Sunday April 24th noon-1:30pm or call for a showing today at this price in this market this will go quickly.
Unit Size
942 Ft²
Days on Market
-
Land Size
-
Price per sqft
$170
Property Type
House
Property Taxes
$200
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 #71970871)

Price History

Date / Event Date Event Price
Jun 27, 2016 Sold
Premium
Sold
Mar 11, 2016 Listed by Universal Real Estate Services, Inc. $159,900
Listed by Universal Real Estate Services, Inc.
Feb 19, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 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: 10,001
  • Total Building Area: 942
  • Gross Building Area: 942
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 123150023
  • Parcel: SPRI S:12315 P:0023
  • Municipality: SPRINGFIELD
  • Latitude: 42.1093
  • Longitude: -72.4901

    Address

  • Full Address: 116 Willowbrook Dr
  • Address - House Number: 116
  • Address - Street Name: Willowbrook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2032
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,900

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 277,835
  • High Value: 337,658
  • Low Value: 218,012

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,800
  • Assessed Land Value: $57,200
  • Assessed Improvements Value: $148,600

    Sales

  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 36288
  • Previous Sale Recording Date: Feb 19, 2016
  • Previous Sale Amount: $97,660
  • Previous Sale Document Type: 71
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71970871

Frequently Asked Questions

When was property at 116 Willowbrook Drive built and last sold?
The property at 116 Willowbrook Drive was built in 1953 and last sold on Jan 1, 1970 for $159,999.
How much is this home worth?
The estimated value of the home located at 116 Willowbrook Drive is $167,366.
What are some comparable homes to 116 Willowbrook Drive?
There are currently no comparable homes to 116 Willowbrook Drive.
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