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Springfield 01119 Sixteen Acres
1559 Plumtree Rd
$300,000
● House - Off Market

1559 Plumtree Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,684 Ft²
$310,174
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to this gorgeous move-in ready Colonial set in desired Sixteen Acres!  Fall in love with the charm of the updated open kitchen and dining area that leads to a screened porch- the perfect spot to enjoy your morning coffee!  The expansive living room offers a fireplace and gleaming wood floors.  Completing the first floor is a laundry area and half bath.  Upstairs you will find a full bath and 3 large bedrooms with generous closets, including a cedar closet in the second bedroom. Enjoy entertaining or putting your feet up and relaxing in the private backyard. The attached garage completes this beauty!  Schedule your showing today and be prepared to be impressed!
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$178
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1939

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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: 5 months ago (MLSPIN #73006902)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by ROVI Homes $300,000
Listed by ROVI Homes
Jul 31, 2019 Sold
Premium
Sold
Apr 23, 2019 Listed by ROVI Homes $196,000
Listed by ROVI Homes
Sep 10, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 15,002
  • Total Building Area: 1,684
  • Gross Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 98000344
  • Parcel: SPRI S:09800 P:0344
  • Municipality: SPRINGFIELD
  • Latitude: 42.1144
  • Longitude: -72.5024

    Address

  • Full Address: 1559 Plumtree Rd
  • Address - House Number: 1559
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2961
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,000

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 323,317
  • High Value: 388,337
  • Low Value: 258,298

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,900
  • Assessed Land Value: $51,700
  • Assessed Improvements Value: $222,200

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 52914
  • Previous Sale Recording Date: Jul 31, 2019
  • Previous Sale Contract Date: Jul 17, 2019
  • Previous Sale Amount: $189,000
  • 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:

$319,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1359 ft²

Average Home Age

53.8 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 73006902

Frequently Asked Questions

When was property at 1559 Plumtree Road built and last sold?
The property at 1559 Plumtree Road was built in 1939 and last sold on Aug 31, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 1559 Plumtree Road is $304,906.
What are some comparable homes to 1559 Plumtree Road?
There are currently no comparable homes to 1559 Plumtree Road.
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