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Springfield 01119 Sixteen Acres
165 Bacon Rd
$265,000
● House - Off Market

165 Bacon Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,084 Ft²
$1,580
Est. Monthly

About This Property

One-level living in a well-established neighborhood within walking distance of WNEU.  This ranch home checks all of the boxes!  In addition to the first floor amenities, there is a finished basement that has ample room to create a space for entertaining, relaxing, or home office. The fenced-in yard features mature fruit trees, garden beds, shade trees, and a patio for grilling.  Enjoy proximity to the university for academic or cultural activities. Experience the blend of convenience and charm in this quaint area with local parks and shops and your own private backyard oasis.  Updates include a newer roof, hot water heater, Roth oil tank, boiler, mini-splits, chimney, gutters with guards, and vinyl siding.  All of the furnishings are available if the buyer would like them to remain for their enjoyment.
Unit Size
1,084 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$231
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1956

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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 #73146388)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
Oct 27, 2023 In contract -
In contract
Oct 23, 2023 Price Decreased $250,000
↓ $45K (15.3%)
Price Decreased
Sep 21, 2023 Price Decreased $295,000
↓ $30K (9.2%)
Price Decreased
Aug 14, 2023 Price Decreased $325,000
↓ $50K (13.3%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 10,450
  • Total Building Area: 1,084
  • Gross Building Area: 1,084
  • Building Area: 1,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 8700050
  • Parcel: SPRI S:00870 P:0050
  • Municipality: SPRINGFIELD
  • Latitude: 42.1123
  • Longitude: -72.5194

    Address

  • Full Address: 165 Bacon Rd
  • Address - House Number: 165
  • Address - Street Name: Bacon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2803
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,800

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 251,360
  • High Value: 273,220
  • Low Value: 229,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,400
  • Assessed Land Value: $49,700
  • Assessed Improvements Value: $197,700

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59111
  • Previous Sale Recording Date: Jul 09, 1992
  • Previous Sale Amount: $96,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73146388

Frequently Asked Questions

When was property at 165 Bacon Road built and last sold?
The property at 165 Bacon Road was built in 1956 and last sold on Dec 13, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 165 Bacon Road is $255,797.
What are some comparable homes to 165 Bacon Road?
There are currently no comparable homes to 165 Bacon Road.
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