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Springfield 01119 Sixteen Acres
120 Aldrew Ter
Photo of 120 Aldrew Ter
Sold on Oct 20, 2006

1

Map

$155,000
● House - Off Market

120 Aldrew Ter

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
972 Ft²
$262,064
RealtyHop Estimate
69.18%
Since Nov 1, 2006
National-US
Primary Model

About This Property

Wonderful 5 room Ranch with 3 bedrooms and enclosed porch Located on the back of the house. Kitchen includes Stove and refrigerator. New roof in 2004, New heating system in 2006, New insulated windows, Hardwood floors thru-out. New hot water heater. Updated Electrical. 1 car garage. Full Dry basement. Private fenced in yard includes Shed. Quiet Neighborhood, conveinently located to stores and Mall.
Unit Size
972 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$159
Property Type
House
Property Taxes
$186
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 #70436620)

Price History

Date / Event Date Event Price
Oct 24, 2006 Sold
Premium
Sold
Aug 7, 2006 Listed $154,900
Listed

Property Highlights

Garage
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: 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: 686
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,448
  • Total Building Area: 972
  • Gross Building Area: 972
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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: 2200031
  • Parcel: SPRI S:00220 P:0031
  • Municipality: SPRINGFIELD
  • Latitude: 42.1209
  • Longitude: -72.5102

    Address

  • Full Address: 120 Aldrew Ter
  • Address - House Number: 120
  • Address - Street Name: Aldrew
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2426
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $320,000

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 255,637
  • High Value: 310,998
  • Low Value: 200,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,700
  • Assessed Land Value: $49,400
  • Assessed Improvements Value: $138,300

    Sales

  • Current Sale Recording Date: Oct 24, 2006
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70436620

Frequently Asked Questions

When was property at 120 Aldrew Terrace built and last sold?
The property at 120 Aldrew Terrace was built in 1953 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 120 Aldrew Terrace is $163,260.
What are some comparable homes to 120 Aldrew Terrace?
There are currently no comparable homes to 120 Aldrew Terrace.
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