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Springfield 01118 Sixteen Acres
1293 Bradley Rd
$272,000
● House - Off Market

1293 Bradley Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,583 Ft²
$271,561
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Buyer could not obtain financing.  Welcome home to this adorable Sixteen Acres cape! This cozy home exudes New England charm, with a large family room and ample back yard, this house is perfect for entertaining. Minutes from restaurants and shopping, enjoy being in one of Springfield's most sought after neighborhoods and close to everything. This home has wood floors through out, a large first floor primary bedroom, and a partially finished basement with fireplace for extra space. Upstairs bedrooms are spacious, and this house has plenty of room for storage First showings on at the open houses on Saturday and Sunday!
Unit Size
1,583 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$164
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1941

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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: 5 months ago (MLSPIN #73044523)

Price History

Date / Event Date Event Price
Feb 8, 2023 Sold
Premium
Sold
Dec 27, 2022 In contract -
In contract
Dec 16, 2022 Price Decreased $259,900
↓ $5K (1.9%)
Price Decreased
Dec 8, 2022 Relisted $264,999
Relisted
Nov 30, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • 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: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,319
  • Total Building Area: 1,583
  • Gross Building Area: 1,583
  • Building Area: 1,583
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,583
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000283
  • 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: 17500105
  • Parcel: SPRI S:01750 P:0105
  • Municipality: SPRINGFIELD
  • Latitude: 42.0956
  • Longitude: -72.5167

    Address

  • Full Address: 1293 Bradley Rd
  • Address - House Number: 1293
  • Address - Street Name: Bradley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1829
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $334,500

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 285,107
  • High Value: 341,659
  • Low Value: 228,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,200
  • Assessed Land Value: $58,300
  • Assessed Improvements Value: $137,900

    Sales

  • Current Sale Contract Date: Feb 08, 2023
  • Current Sale Recording Date: Feb 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6293
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 21, 2019
  • Previous Sale Amount: $199,500
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1334 ft²

Average Home Age

53.5 years

Currently For Sale

26 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: 5 months ago
Data Source: MLS PIN, MLS# 73044523

Frequently Asked Questions

When was property at 1293 Bradley Road built and last sold?
The property at 1293 Bradley Road was built in 1941 and last sold on Feb 8, 2023 for $272,000.
How much is this home worth?
The estimated value of the home located at 1293 Bradley Road is $266,548.
What are some comparable homes to 1293 Bradley Road?
There are currently no comparable homes to 1293 Bradley Road.
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