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Springfield 01128 Sixteen Acres
122 Gralia St
$135,000
● House - Off Market

122 Gralia St

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,940 Ft²
$423,861
RealtyHop Estimate
202.97%
Since Apr 1, 2000
National-US
Primary Model

About This Property

SPLIT RANCH WITH LARGE KITCHEN,FORMAL DINING ROOM, VAULTED CEILING IN FAMILY/LIVING RMS WHICH OPENS ONTO DECK.THREE BED ROOMS,1.5 BATHS.PRIVATE LANDSCAPED YARD.DON'T MISS IT!! CALL LISTING OFFICE FOR APPOINTMENTS.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1954

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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 years ago (MLSPIN #30361325)

Price History

Date / Event Date Event Price
Mar 31, 2000 Sold
Premium
Sold
Oct 12, 1999 Listed by The Real Estate Market Center $139,900
Listed by The Real Estate Market Center
Dec 28, 1994 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 286
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,047
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000414
  • 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: 58800024
  • Parcel: SPRI S:05880 P:0024
  • Municipality: SPRINGFIELD
  • Latitude: 42.0926
  • Longitude: -72.4743

    Address

  • Full Address: 122 Gralia Dr
  • Address - House Number: 122
  • Address - Street Name: Gralia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1312
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $507,200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 367,012
  • High Value: 437,769
  • Low Value: 296,255

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,500
  • Assessed Land Value: $60,900
  • Assessed Improvements Value: $236,600

    Sales

  • Current Sale Recording Date: Mar 31, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 28, 1994
  • Previous Sale Amount: $117,000
  • 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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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 years ago
Data Source: MLS PIN, MLS# 30361325

Frequently Asked Questions

When was property at 122 Gralia Drive built and last sold?
The property at 122 Gralia Drive was built in 1954 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 122 Gralia Drive is $0.
What are some comparable homes to 122 Gralia Drive?
There are currently no comparable homes to 122 Gralia Drive.
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