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Springfield 01119 Sixteen Acres
1599 Plumtree Rd
$219,000
● House - Off Market

1599 Plumtree Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,896 Ft²
$340,365
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

This beautiful home with lots of personality features 7rms, 3bedrms, 1 1/2 bathrms, dining rm, living rm w/fireplace, family rm with french drs leading to the exterior. hardwood floors, attic that has been insulated and sheet rocked, flagstone patio, fenced backyard, raised garden beds, 1 car garage and lots of room inside and out. Updated kitchen has soft close cabinets, open glass cabinet and wine rack. Dining room has 2 beautiful built-in corner china cabinets.  Attic could be a big bonus room or two additional rooms. Basement is spacious and waiting to be finished. Freshly painted interior makes it move in ready. Lovely brick exterior keeps work to a minimum. Fantastic location in sought after 16 Acres neighborhood.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$119
Property Type
House
Property Taxes
$382
HOA Dues
-
Year Built
1937

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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 #72323154)

Price History

Date / Event Date Event Price
Mar 12, 2021 Sold
Premium
Sold
Jan 29, 2021 Listed by Brooks Agency REALTORS® $265,000
Listed by Brooks Agency REALTORS®
Sep 26, 2018 Sold
Premium
Sold
May 9, 2018 Listed by Brooks Agency REALTORS® $225,000
Listed by Brooks Agency REALTORS®
Jun 25, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,162
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,896
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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: 98000318
  • Parcel: SPRI S:09800 P:0318
  • Municipality: SPRINGFIELD
  • Latitude: 42.1154
  • Longitude: -72.5017

    Address

  • Full Address: 1599 Plumtree Rd
  • Address - House Number: 1599
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2960
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,500

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 338,107
  • High Value: 401,812
  • Low Value: 274,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,500
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $236,000

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17135
  • Previous Sale Recording Date: Sep 26, 2018
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: 71
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

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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# 72323154

Frequently Asked Questions

When was property at 1599 Plumtree Road built and last sold?
The property at 1599 Plumtree Road was built in 1937 and last sold on Mar 12, 2021 for $282,000.
How much is this home worth?
The estimated value of the home located at 1599 Plumtree Road is $280,361.
What are some comparable homes to 1599 Plumtree Road?
There are currently no comparable homes to 1599 Plumtree Road.
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