$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: 4 months 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 | |||
| | |||
|
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.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Interior Details
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, In Unit, First Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1794
Year Built Source: Public Records
Year Built: 1989
Building Area Total: 1794
Building Area Units: Square Feet
Patio and Porch Features: Covered
Lot Size Units: Acres
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
HOA Fee: $235
HOA Fee Frequency: Monthly
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