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Springfield 01119 Sixteen Acres
139 Balboa Dr
$315,000
● House - Off Market

139 Balboa Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,105 Ft²
$1,859
Est. Monthly
10.09%
Cap Rate

About This Property

Welcome to a world of tranquil living in this beautifully designed ranch-style home nestled in a highly desirable neighborhood. Upon entering, you'll step into a spacious and inviting living room, which flows into your impressive modern kitchen, featuring granite counter tops and a stunning glass backsplash. Continue on into a vaulted ceiling bonus room for added entertaining. The impressive features of this home continue on in your private fenced-in backyard which includes a deck, pool and an area to add a firepit or seating area. Don't miss the opportunity to make this delightful 3-bedroom, 2-bathroom ranch your forever home!
Unit Size
1,105 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$285
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1972

Payment Calculator

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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 #73175021)

Price History

Date / Event Date Event Price
Dec 22, 2023 Sold
Premium
Sold
Nov 18, 2023 In contract -
In contract
Oct 27, 2023 Listed by Right Key Realty Inc. $315,000
Listed by Right Key Realty Inc.
Sep 20, 2023 Sold
Premium
Sold
Feb 6, 2023 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 11
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,793
  • Total Building Area: 905
  • Gross Building Area: 905
  • Building Area: 905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 905
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 8850074
  • Parcel: SPRI S:00885 P:0074
  • Municipality: SPRINGFIELD
  • Latitude: 42.1111
  • Longitude: -72.5072

    Address

  • Full Address: 139 Balboa Dr
  • Address - House Number: 139
  • Address - Street Name: Balboa
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2903
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 334,482
  • High Value: 363,571
  • Low Value: 305,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,500
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $170,500

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61026
  • Previous Sale Recording Date: Sep 20, 2023
  • Previous Sale Contract Date: Aug 16, 2023
  • Previous Sale Amount: $185,555
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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# 73175021

Frequently Asked Questions

When was property at 139 Balboa Drive built and last sold?
The property at 139 Balboa Drive was built in 1972 and last sold on Dec 22, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 139 Balboa Drive is $309,632.
What are some comparable homes to 139 Balboa Drive?
There are currently no comparable homes to 139 Balboa Drive.
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