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Springfield 01109 Sixteen Acres
117 Cheyenne Rd
$200,000
● House - Off Market

117 Cheyenne Rd

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,008 Ft²
$196,158
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

One owner home has been lovingly maintained for 65+ years. Hardwood flooring and fresh paint throughout the home. Exterior has vinyl/aluminum siding, architectural shingles, a fenced rear yard and storage shed. Three ample sized bedrooms, and the primary bedroom has its own half bath. Bedroom two has charming built-ins, perfect for a homework area. The basement can easily be finished to add more living space, or additional bedrooms if desired as there is a hatchway.  Situated close to Western New England University and Pope Francis Preparatory school, this ranch offers one level living and you could move right in! Bring your ideas for finishing touches. Showings begin at the Open House on Sunday, October 30th at 10:30am. You won't want to miss it!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$183
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1956

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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 #73052384)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Nov 2, 2022 In contract -
In contract
Oct 28, 2022 Listed by Grace Group Realty, LLC $184,900
Listed by Grace Group Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 8,499
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 27590052
  • Parcel: SPRI S:02759 P:0052
  • Municipality: SPRINGFIELD
  • Latitude: 42.1068
  • Longitude: -72.525

    Address

  • Full Address: 117 Cheyenne Rd
  • Address - House Number: 117
  • Address - Street Name: Cheyenne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 1508
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $285,400

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 228,565
  • High Value: 278,121
  • Low Value: 179,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,400
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $118,200

    Sales

  • Current Sale Contract Date: Dec 14, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 72942
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

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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# 73052384

Frequently Asked Questions

When was property at 117 Cheyenne Road built and last sold?
The property at 117 Cheyenne Road was built in 1956 and last sold on Dec 14, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 117 Cheyenne Road is $193,104.
What are some comparable homes to 117 Cheyenne Road?
There are currently no comparable homes to 117 Cheyenne Road.
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