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Springfield 01129 Sixteen Acres
169 Acrebrook Road
$235,000
● House - Off Market

169 Acrebrook Road

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,059 Ft²
$223,833
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Offer deadline Sunday February 26th, 8 pm Here is the opportunity you have been waiting for !  This one owner 1952 Cape style home is in search of a new owner to bring back its shine again!  Enter into a sprawling living room with wood floors, picture window and fireplace.  The kitchen features a lovely dining area, ample cabinet and counter space.  Great family room with knotty pine and back yard access.  Two nice size bedrooms and a full bathroom complete the first floor.  Upstairs you will find another good size bedroom and an unfinished space, which could be used added storage, or finished into another bedroom, office or anything you can imagine.  Enjoy the amazing outdoor space with a huge, flat, fenced in backyard !  Come visit and check out all the possibilities and make this house your new home.
Unit Size
1,059 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$208
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1954

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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 #73081426)

Price History

Date / Event Date Event Price
Apr 7, 2023 Sold
Premium
Sold
Mar 1, 2023 In contract -
In contract
Feb 23, 2023 Listed by Coldwell Banker Realty - Western MA $220,000
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 2
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,258
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 1,059
  • Gross Building Area: 1,059
  • Building Area: 1,059
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,059
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 600059
  • Parcel: SPRI S:00060 P:0059
  • Municipality: SPRINGFIELD
  • Latitude: 42.1063
  • Longitude: -72.4908

    Address

  • Full Address: 169 Acrebrook Rd
  • Address - House Number: 169
  • Address - Street Name: Acrebrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2104
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $346,500
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2088
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 270,637
  • High Value: 327,148
  • Low Value: 214,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,200
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $143,700

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15892
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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1159 ft²

Average Home Age

57.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73081426

Frequently Asked Questions

When was property at 169 Acrebrook Road built and last sold?
The property at 169 Acrebrook Road was built in 1954 and last sold on Apr 7, 2023 for $235,000.
How much is this home worth?
The estimated value of the home located at 169 Acrebrook Road is $228,780.
What are some comparable homes to 169 Acrebrook Road?
There are currently no comparable homes to 169 Acrebrook Road.
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