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Springfield 01119 Sixteen Acres
164 Gardens Dr
$156,000
● House - Off Market

164 Gardens Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,075 Ft²
$241,631
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Motivated Seller is replacing roof!!! New price, plus pick out your own appliances with a $2,000 credit!! Roomy 3 bedroom cape with beautiful hardwood floors on the first floor. Spacious  kitchen, with custom built cabinets and a dining area,  opens to a sunroom with sliders to the back yard. Built ins on the second floor bedrooms for additional storage. Great finished areas in the basement with paneled walls, carpeting, electric fireplace, and bar area.  Plus there is a separate work room and laundry area in the basement. Newer insulated windows, front door, cedar shakes and an attached garage, with garage door opener.  Home is easy to show but needs an appointment please.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$148
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72410391)

Price History

Date / Event Date Event Price
Jan 18, 2019 Sold
Premium
Sold
Oct 14, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $159,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,413
  • Total Building Area: 1,075
  • Gross Building Area: 1,075
  • Building Area: 1,075
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 55000040
  • Parcel: SPRI S:05500 P:0040
  • Municipality: SPRINGFIELD
  • Latitude: 42.1236
  • Longitude: -72.5033

    Address

  • Full Address: 164 Gardens Dr
  • Address - House Number: 164
  • Address - Street Name: Gardens
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2500
  • Zip Code: 01119

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 265,315
  • High Value: 322,772
  • Low Value: 207,858

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,400
  • Assessed Land Value: $50,100
  • Assessed Improvements Value: $156,300

    Sales

  • Current Sale Contract Date: Jan 17, 2019
  • Current Sale Recording Date: Jan 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 3451
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

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72410391

Frequently Asked Questions

When was property at 164 Gardens Drive built and last sold?
The property at 164 Gardens Drive was built in 1955 and last sold on Jan 17, 2019 for $156,000.
How much is this home worth?
The estimated value of the home located at 164 Gardens Drive is $168,362.
What are some comparable homes to 164 Gardens Drive?
There are currently no comparable homes to 164 Gardens Drive.
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