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Springfield 01129 Sixteen Acres
148 Glenoak Drive
$148,000
● House - Off Market

148 Glenoak Drive

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,113 Ft²
$241,933
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Sixteen Acres, Quiet, desirable location is perfect for this 3 bed, 1 bath Ranch with a partially fenced backyard.  Featuring a large living room with a wood burning fireplace and hardwood floors under the w/w carpeting.  The kitchen offers a built in hutch and additional cabinet space with an adjacent dining area, 3 bedrooms with hard wood floors. Off the kitchen is a nice breezeway, with access to the attached 2 car garage and back yard. There is a built in bar in this partially finished basement.    Priced to sell so hurry, as this one won't last.
Unit Size
1,113 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72317182)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Grace Group Realty, LLC $259,000
Listed by Grace Group Realty, LLC
Jul 23, 2018 Sold
Premium
Sold
Apr 29, 2018 Listed by Grace Group Realty, LLC $159,900
Listed by Grace Group Realty, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

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: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 9,901
  • Total Building Area: 1,113
  • Gross Building Area: 1,113
  • Building Area: 1,113
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,113
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 57600033
  • Parcel: SPRI S:05760 P:0033
  • Municipality: SPRINGFIELD
  • Latitude: 42.1202
  • Longitude: -72.4809

    Address

  • Full Address: 148 Glenoak Dr
  • Address - House Number: 148
  • Address - Street Name: Glenoak
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1503
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $412,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 294,968
  • High Value: 353,970
  • Low Value: 235,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,100
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $187,100

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 84985
  • Previous Sale Recording Date: Jul 23, 2018
  • Previous Sale Amount: $148,000
  • 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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72317182

Frequently Asked Questions

When was property at 148 Glenoak Drive built and last sold?
The property at 148 Glenoak Drive was built in 1955 and last sold on Nov 30, 2021 for $283,500.
How much is this home worth?
The estimated value of the home located at 148 Glenoak Drive is $260,408.
What are some comparable homes to 148 Glenoak Drive?
There are currently no comparable homes to 148 Glenoak Drive.
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