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Springfield 01119 Sixteen Acres
144 Ferncliff Ave
$155,000
● House - Off Market

144 Ferncliff Ave

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,048 Ft²
$252,553
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Price Reduced!!! Freshly painted!!! Floors redone. Three bedroom ranch located in sixteen acres. Large living room with bay windows for tons of natural light, fireplace, wood floors throughout. Dining room just off the kitchen for family dinners, ceiling fan. Cozy kitchen with plenty of counter space, custom wood cabinets, range, dishwasher and refrigerator to remain for buyers enjoyment. Master bed with closets, other two modest sized beds with closets, full bathroom with tiled shower. Central vac. Partially finished basement allows for family entertainment and tons of room for storage. Large yard, fenced shed and playscape to remain. Close to area colleges. Book your showing today.
Unit Size
1,048 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$158
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1954

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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: 6 months ago (MLSPIN #72374735)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Dec 3, 2018 No longer available -
No longer available
Oct 21, 2018 Price Decreased $179,000
↓ $3K (1.7%)
Price Decreased
Sep 19, 2018 Price Increased $182,000
↑ $16K (9.6%)
Price Increased
Aug 7, 2018 Listed by Keller Williams Realty $166,000
Listed by Keller Williams Realty
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 12,184
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,048
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 50800034
  • Parcel: SPRI S:05080 P:0034
  • Municipality: SPRINGFIELD
  • Latitude: 42.1211
  • Longitude: -72.5034

    Address

  • Full Address: 144 Ferncliff Ave
  • Address - House Number: 144
  • Address - Street Name: Ferncliff
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2504
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372,000

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 274,371
  • High Value: 333,790
  • Low Value: 214,953

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,200
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $167,700

    Sales

  • Current Sale Contract Date: Dec 16, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 75901
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

1338 ft²

Average Home Age

50.8 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: 6 months ago
Data Source: MLS PIN, MLS# 72374735

Frequently Asked Questions

When was property at 144 Ferncliff Avenue built and last sold?
The property at 144 Ferncliff Avenue was built in 1954 and last sold on Dec 16, 2018 for $155,000.
How much is this home worth?
The estimated value of the home located at 144 Ferncliff Avenue is $172,590.
What are some comparable homes to 144 Ferncliff Avenue?
There are currently no comparable homes to 144 Ferncliff Avenue.
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