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Springfield 01118 Sixteen Acres
160 Louis Rd
$298,000
● House - Off Market

160 Louis Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,801 Ft²
$303,477
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome Home! This home is ready for it's new owner! This home offers 3 bedrooms with two full bathrooms and a bonus room in finished basement.  Updated kitchen with new stainless appliances and bathrooms, new hot water heater, new basement windows, new roof, freshly painted walls and new flooring through out!  Only thing left to do is pack your bags! Schedule your showing today!
Unit Size
1,801 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$167
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1968

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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 #72973487)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Apr 28, 2022 Listed by William Raveis Team 413 $299,999
Listed by William Raveis Team 413
Jan 26, 2022 Sold
Premium
Sold
Jan 23, 1989 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 999
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 79650034
  • Parcel: SPRI S:07965 P:0034
  • Municipality: SPRINGFIELD
  • Latitude: 42.0882
  • Longitude: -72.512

    Address

  • Full Address: 160 Louis Rd
  • Address - House Number: 160
  • Address - Street Name: Louis
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2504
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 289,956
  • High Value: 345,934
  • Low Value: 233,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,200
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $169,800

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36870
  • Previous Sale Recording Date: Jan 26, 2022
  • Previous Sale Contract Date: Jan 25, 2022
  • Previous Sale Amount: $142,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 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# 72973487

Frequently Asked Questions

When was property at 160 Louis Road built and last sold?
The property at 160 Louis Road was built in 1968 and last sold on Jun 17, 2022 for $298,000.
How much is this home worth?
The estimated value of the home located at 160 Louis Road is $313,071.
What are some comparable homes to 160 Louis Road?
There are currently no comparable homes to 160 Louis Road.
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