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Springfield 01129 Sixteen Acres
1375 South Branch Parkway
$300,000
● House - Off Market

1375 South Branch Parkway

Springfield, MA 01129
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,576 Ft²
$334,521
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

This is a Surprisingly Large, Brick Cape Cod style home in 16 Acres, with a Good-Sized Backyard!!!  This Home has a Formal Dining Room, a Large Living Room with a Fireplace, as well as 5 Bedrooms in total, with 2 on the First Floor.  The Full Basement is Partially Finished and has plenty of Storage Space along with the Washer & Dryer Hook-up.  Conveniently located just minutes from Grocery Stores, Shopping, Schools, Restaurants, Parks and Veteran's Golf Course!  Don't miss this Opportunity to make this house  your Home!!!
Unit Size
2,576 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$116
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1948

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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 years ago (MLSPIN #72889630)

Price History

Date / Event Date Event Price
Nov 16, 2021 Sold
Premium
Sold
Sep 3, 2021 Listed by Property One $300,000
Listed by Property One
Dec 28, 2004 Sold
Premium
Sold
Aug 29, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 17,158
  • Total Building Area: 2,576
  • Gross Building Area: 2,576
  • Building Area: 2,576
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000394
  • 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: R6

Geography

  • Account Number: 110100234
  • Parcel: SPRI S:11010 P:0234
  • Municipality: SPRINGFIELD
  • Latitude: 42.1099
  • Longitude: -72.5001

    Address

  • Full Address: 1375 S Branch Pkwy
  • Address - House Number: 1375
  • Street Direction: S
  • Address - Street Name: Branch
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2919
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,600

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 357,148
  • High Value: 428,587
  • Low Value: 285,708

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,100
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 81604
  • Previous Sale Recording Date: Dec 28, 2004
  • Previous Sale Amount: $154,213
  • 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:

$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 years ago
Data Source: MLS PIN, MLS# 72889630

Frequently Asked Questions

When was property at 1375 South Branch Parkway built and last sold?
The property at 1375 South Branch Parkway was built in 1948 and last sold on Nov 15, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 1375 South Branch Parkway is $0.
What are some comparable homes to 1375 South Branch Parkway?
There are currently no comparable homes to 1375 South Branch Parkway.
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