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Springfield 01119 Sixteen Acres
1562 Plumtree Road
$175,000
● House - Off Market

1562 Plumtree Road

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$330,834
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

ALL APPLIANCES INCLUDED, NEW FURNACE AND NEW WATER TANK. Beautiful brick colonial remodeled top to bottom in 2007 with many items to remain! Sunny 3-season porch overlooks lovely partially fenced & nicely landscaped yard with storage shed. Stunning kitchen features stainless steel appliances, granite counters, pantry and tons of cupboard space; open to the dining room makes it great for entertaining. New water tank installed October 2014, new 'Airco' 100,000 btu furnace installed December 2014, Harvey energy-efficient windows, central air, security system, one car garage and plenty of off-street parking. Decorative window rods and wood blinds in each room to remain.  Don't overlook this one...A perfect fit for anyone just starting out!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$113
Property Type
House
Property Taxes
$277
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: 4 months ago (MLSPIN #71735243)

Price History

Date / Event Date Event Price
Feb 20, 2015 Sold
Premium
Sold
Aug 28, 2014 Listed by William Raveis R.E. & Home Services $179,000
Listed by William Raveis R.E. & Home Services
Jan 28, 2008 Sold
Premium
Sold
Aug 17, 2007 Listed by William Raveis R.E. & Home Services $209,900
Listed by William Raveis R.E. & Home Services
Feb 28, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
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: 2
  • 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: 8,002
  • Total Building Area: 1,584
  • Gross Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 98000297
  • Parcel: SPRI S:09800 P:0297
  • Municipality: SPRINGFIELD
  • Latitude: 42.1146
  • Longitude: -72.5028

    Address

  • Full Address: 1562 Plumtree Rd
  • Address - House Number: 1562
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2954
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 323,492
  • High Value: 388,547
  • Low Value: 258,438

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,600
  • Assessed Land Value: $49,100
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Recording Date: Feb 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7745
  • Previous Sale Recording Date: Jan 28, 2008
  • Previous Sale Amount: $207,860
  • Previous Sale Document Type: 27
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71735243

Frequently Asked Questions

When was property at 1562 Plumtree Road built and last sold?
The property at 1562 Plumtree Road was built in 1939 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 1562 Plumtree Road is $194,542.
What are some comparable homes to 1562 Plumtree Road?
There are currently no comparable homes to 1562 Plumtree Road.
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