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Springfield 01118 Sixteen Acres
120 Talmadge Dr
$330,000
● House - Off Market

120 Talmadge Dr

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,074 Ft²
$1,752
Est. Monthly

About This Property

Here it is!!! Come check out this Beautiful Ranch style Home, settled in one of Springfield's sought after neighborhoods.  With four spacious bedrooms and two remodeled bathrooms this home is perfect for any family and their lifestyle!  An additional 550sqft in the finished basement adds an endless number of possibilities for this home.  Lastly, the back yard has a wide-open space for summertime entertaining!  Be sure to come check out this beauty while it's still available!  HIGHEST & BEST DUE THURSDAY 6/27 @ 7PM
Unit Size
1,074 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$278
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1963

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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 #73256028)

Price History

Date / Event Date Event Price
Jul 29, 2024 Sold
Premium
Sold
Jun 29, 2024 In contract -
In contract
Jun 21, 2024 Listed by Gallagher Real Estate $299,000
Listed by Gallagher Real Estate
Jan 4, 2023 Sold
Premium
Sold
Dec 4, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 114070022
  • Parcel: SPRI S:11407 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.0914
  • Longitude: -72.5137

    Address

  • Full Address: 120 Talmadge Dr
  • Address - House Number: 120
  • Address - Street Name: Talmadge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2521
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $340,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 270,491
  • High Value: 324,143
  • Low Value: 216,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,400
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: Jan 04, 2023
  • Current Sale Recording Date: Jan 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 268
  • Previous Sale Recording Date: Nov 27, 2017
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73256028

Frequently Asked Questions

When was property at 120 Talmadge Drive built and last sold?
The property at 120 Talmadge Drive was built in 1963 and last sold on Jan 4, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 120 Talmadge Drive is $289,045.
What are some comparable homes to 120 Talmadge Drive?
There are currently no comparable homes to 120 Talmadge Drive.
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