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Springfield 01119 Sixteen Acres
123 Patricia Circle
$288,000
● House - Off Market

123 Patricia Circle

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,702 Ft²
$259,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Update: Offer deadline Sunday 10/8 by 5 PM. Nicely maintained 3 bedroom colonial in great neighborhood. This house is move in ready for immediate occupancy by it's new owner. The first floor features a nice living space with gas fireplace. A nice sized kitchen with a finished porch area provides additional living area. The first floor also offers an office and half bathroom. Upstairs you will find 3 bedrooms and a full bathroom. The home has mostly hardwood floors throughout. The home has an attached garage as well as a nice patio area and in ground pool. Schedule your showing today!
Unit Size
1,702 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$153
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1947

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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 #73166802)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Oct 9, 2023 In contract -
In contract
Oct 4, 2023 Listed by eXp Realty $259,900
Listed by eXp Realty
Sep 22, 2023 Sold
Premium
Sold
Oct 24, 2002 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 23,875
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000548
  • 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: 95500030
  • Parcel: SPRI S:09550 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.1287
  • Longitude: -72.4974

    Address

  • Full Address: 123 Patricia Cir
  • Address - House Number: 123
  • Address - Street Name: Patricia
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 2224
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,500

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 265,742
  • High Value: 288,853
  • Low Value: 242,631

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,700
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $171,100

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55097
  • Previous Sale Recording Date: Sep 22, 2023
  • Previous Sale Contract Date: Sep 15, 2023
  • Previous Sale Amount: $185,000
  • 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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 73166802

Frequently Asked Questions

When was property at 123 Patricia Circle built and last sold?
The property at 123 Patricia Circle was built in 1947 and last sold on Nov 16, 2023 for $293,000.
How much is this home worth?
The estimated value of the home located at 123 Patricia Circle is $275,741.
What are some comparable homes to 123 Patricia Circle?
There are currently no comparable homes to 123 Patricia Circle.
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