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Springfield 01118 Sixteen Acres
125 Ramblewood Drive
$353,000
● House - Off Market

125 Ramblewood Drive

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,786 Ft²
$354,695
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Many recent upgrades! Whole house freshly painted including all trim! Cortech Plus Luxury vinyl and Anderson Tuftex Carpet throughout the entire home.  Quartz countertops in bathrooms with new vanities and granite in kitchen.  Attached 1 car garage with direct access to lower level.  3 bedrooms on upper-level w/ full bath.  Lower level also has a full bath with a family room/man-cave or possible 4th bedroom.  10,000sf lot with deck off the kitchen that overlooks the backyard.Backyard features plenty of room for family gatherings and outdoor activities.  Bring your ideas for the outside as everything on the inside is ready for you to move in.
Unit Size
1,786 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$196
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1987

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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 #72944853)

Price History

Date / Event Date Event Price
Apr 14, 2022 Sold
Premium
Sold
Feb 21, 2022 Listed by Popular Properties Realty,Inc. $349,900
Listed by Popular Properties Realty,Inc.
Jul 30, 2010 Sold
Premium
Sold
Feb 8, 2010 Listed by Popular Properties Realty,Inc. $169,900
Listed by Popular Properties Realty,Inc.
May 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,311
  • Total Building Area: 1,586
  • Gross Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 100470108
  • Parcel: SPRI S:10047 P:0108
  • Municipality: SPRINGFIELD
  • Latitude: 42.091
  • Longitude: -72.5014

    Address

  • Full Address: 125 Ramblewood Dr
  • Address - House Number: 125
  • Address - Street Name: Ramblewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2664
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 317,569
  • High Value: 374,715
  • Low Value: 260,424

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,300
  • Assessed Land Value: $55,100
  • Assessed Improvements Value: $194,200

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22808
  • Previous Sale Recording Date: Jul 30, 2010
  • Previous Sale Amount: $162,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72944853

Frequently Asked Questions

When was property at 125 Ramblewood Drive built and last sold?
The property at 125 Ramblewood Drive was built in 1987 and last sold on Apr 11, 2022 for $353,000.
How much is this home worth?
The estimated value of the home located at 125 Ramblewood Drive is $351,244.
What are some comparable homes to 125 Ramblewood Drive?
There are currently no comparable homes to 125 Ramblewood Drive.
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