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Springfield 01119 Sixteen Acres
16 Capitol Rd
$190,000
● House - Off Market

16 Capitol Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,065 Ft²
$161,246
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Excellent location for this 3 bedroom Ranch in the Sixteen Acres area of Springfield.  Located on a dead end street, this home is close to shopping and Western New England University.  Spacious living room with hardwood floors and wood burning fireplace; large kitchen with eat in area, granite counters and access to the breezeway.  Master bedroom has hardwood floors and double closet.  Bedrooms 2 and 3 also have hardwood floors and closets.  Full basement has potential for extra living space.  Front half of the roof was replaced in 2021, fully fenced yard, and 1 car garage all add to the value.  Bring some updating ideas!  May not pass all types of financing.  ***DUE TO HIGH SHOWING DEMAND, OFFER DEADLINE IS MONDAY FEB 14th AT 10AM***
Unit Size
1,065 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$150
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1957

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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 #72940815)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Feb 8, 2022 Listed by RE/MAX Connections $160,000
Listed by RE/MAX Connections
Apr 19, 2007 Sold
Premium
Sold
Mar 4, 2007 Listed by RE/MAX Connections $134,900
Listed by RE/MAX Connections
Feb 5, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 9,901
  • Total Building Area: 1,065
  • Gross Building Area: 1,065
  • Building Area: 1,065
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,065
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 23450004
  • Parcel: SPRI S:02345 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.1095
  • Longitude: -72.5158

    Address

  • Full Address: 16 Capitol Rd
  • Address - House Number: 16
  • Address - Street Name: Capitol
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2810
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,900

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 266,213
  • High Value: 314,118
  • Low Value: 218,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,400
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $156,900

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29428
  • Previous Sale Recording Date: Apr 19, 2007
  • Previous Sale Amount: $134,900
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72940815

Frequently Asked Questions

When was property at 16 Capitol Road built and last sold?
The property at 16 Capitol Road was built in 1957 and last sold on May 12, 2022 for $190,000.
How much is this home worth?
The estimated value of the home located at 16 Capitol Road is $168,314.
What are some comparable homes to 16 Capitol Road?
There are currently no comparable homes to 16 Capitol Road.
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