$195,000
●
Condo -
Off Market
15 Castlegate Drive #A
Springfield, MA 01129
2 Beds
2 Baths
1,794 Ft²
$202,640
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Highly sought after and equally hard to find 1st floor, garden
style condo. Located in a quiet area very close to the Wilbraham
line and yet convenient to everything. The covered back porch
overlooks the area that residents refer to as "the prairie" where
it is quite common to observe wildlife, including deer. Updates
(all APO): AC and Bay window were replaced in 2021, Refrigerator,
dishwasher and stackable washer/dryer are all less than 5 years
old. Spacious first floor living plus a partially finished basement
and attached garage. A great price and very easy to show.
Unit Size
1,794 Ft²
Days on Market
-
Land Size
-
Price per sqft
$111
Property Type
Condo
Property Taxes
$238
HOA Dues
$235
Year Built
-
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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 #72950362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Naples Realty Group | $254,900 | |
| Listed by Naples Realty Group | |||
   | |||
|
Beautifully updated 2-bedroom, 2-bath condo in the desirable Sixteen Acres area of Springfield, near the Wilbraham line. This spacious 1,794 sq ft home features recent renovations to the kitchen and living room, offering an open and modern layout perfect for comfortable living and entertaining. Enjoy generous room sizes, two full baths, and low-maintenance living in a quiet, residential neighborhood. Conveniently located close to major highways, shopping centers, grocery stores, and everyday amenities. Competitively priced and move-in ready—don’t miss this great opportunity! Contingent upon suitable housing.
| |||
| Apr 26, 2022 | Sold | ||
| Sold | |||
| Mar 8, 2022 | Listed by ROVI Homes | $199,900 | |
| Listed by ROVI Homes | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Features: Flooring - Vinyl, Dryer Hookup - Electric, Washer Hookup
Level: First
Features: Bathroom - Full
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet, Exterior Access
Level: First
Features: Bathroom - Full
Level: First
Features: Bathroom - Full, Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Exterior Access, Slider
Features: Yes
Full Bathrooms: 2
Interior Features: Internet Available - Unknown
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Covered
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R4
Parcel Number: 2577370
Water Source: Public
Financial Details
Tax Assessed Value: $151,400
Tax Annual Amount: $2,861
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $235
Community Features: Public Transportation, Shopping, Public School
Pets Allowed: Yes w/ Restrictions
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2025
|
2 Bed
|
2 Bath
|
1794 ft²
|
$254,900
2 Bed
2 Bath
1794 ft²
|
$249,500
-2.12%
09/17/2025
|
Anthony Ott
Naples Realty Group
| |
|
03/08/2022
|
2 Bed
|
2 Bath
|
1794 ft²
|
$199,900
2 Bed
2 Bath
1794 ft²
|
$195,000
-2.45%
04/26/2022
|
George Sampson
Keller Williams - Pioneer Valley
| |
|
03/08/2022
| |
2 Bed
|
2 Bath
|
1794 ft²
|
$199,900
2 Bed
2 Bath
1794 ft²
|
-
-
|
George Sampson
Keller Williams - Pioneer Valley
|
|
03/30/2014
|
2 Bed
|
2 Bath
|
1836 ft²
|
$119,900
2 Bed
2 Bath
1836 ft²
|
$113,500
-5.34%
07/31/2014
|
Rich Tariff and Associates
William Raveis R.E. & Home Services
| |
|
02/21/2005
|
2 Bed
|
2 Bath
|
1236 ft²
|
$124,900
2 Bed
2 Bath
1236 ft²
|
$121,500
-2.72%
04/25/2005
|
Cynthia Ayre
Ayre Real Estate Co, Inc.
| |
|
05/26/2000
|
2 Bed
|
2 Bath
|
1250 ft²
|
$79,900
2 Bed
2 Bath
1250 ft²
|
$75,000
-6.13%
08/30/2000
|
Elsie Debarge
Berkshire Hathaway HomeServices Realty Professionals
| |
|
05/29/1996
|
2 Bed
|
2 Bath
|
1250 ft²
|
$64,900
2 Bed
2 Bath
1250 ft²
|
$63,000
-2.93%
06/26/1996
|
Toni Lasky
Buyer's Preference Agency
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017