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Springfield 01119 Pine Point
14 Gatewood Rd
Photo of 14 Gatewood Rd
Sold on May 30, 2025

31

Map

Photo of 14 Gatewood Rd
Photo of 14 Gatewood Rd
$265,000
● House - Off Market

14 Gatewood Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
936 Ft²
$1,496
Est. Monthly
8.14%
Cap Rate

About This Property

Adorable & Affordable Ranch-Style Home with standout curb appeal, featuring a newer roof, replacement windows, low-maintenance vinyl siding, and a newly paved driveway. Inside, enjoy the ease of single-level living with freshly painted walls and beautifully refinished hardwood floors throughout. The spacious eat-in kitchen opens to an expansive, sun-filled living room, creating a warm, inviting , bright atmosphere. A full, dry basement with high ceilings offers excellent potential for future additional living space. The home has a newer gas heating system. Ideally located near shops, schools, and Western New England University, this move-in ready home combines comfort, style, and convenience in a popular neighborhood.
Unit Size
936 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$267
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1955

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: 2 years ago (MLSPIN #73359697)

Price History

Date / Event Date Event Price
May 30, 2025 Sold
Premium
Sold
May 5, 2025 In contract -
In contract
Apr 25, 2025 Price Decreased $249,900
↓ $20K (7.4%)
Price Decreased
Apr 15, 2025 Listed $269,900
Listed
Feb 23, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 8,843
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 55730004
  • Parcel: SPRI S:05573 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.1207
  • Longitude: -72.5256

    Address

  • Full Address: 14 Gatewood Rd
  • Address - House Number: 14
  • Address - Street Name: Gatewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 2316
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 232,742
  • High Value: 276,758
  • Low Value: 188,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,600
  • Assessed Land Value: $31,300
  • Assessed Improvements Value: $128,300

    Sales

  • Current Sale Recording Date: Feb 23, 1998
  • Current Sale Price:
    Premium
  • Current 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 Pine Point

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1407 ft²

Average Home Age

86.1 years

Currently For Sale

29 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: 2 years ago
Data Source: MLS PIN, MLS# 73359697

Frequently Asked Questions

When was property at 14 Gatewood Road built and last sold?
The property at 14 Gatewood Road was built in 1955 and last sold on Jan 1, 1970 for $32,500.
How much is this home worth?
The estimated value of the home located at 14 Gatewood Road is $0.
What are some comparable homes to 14 Gatewood Road?
There are currently no comparable homes to 14 Gatewood Road.
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