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Springfield 01119 Sixteen Acres
172 Bacon Rd
$157,500
● House - Off Market

172 Bacon Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,202 Ft²
$297,622
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Huge double lot improved with a large split level move-in ready home!  newer roof,(apo) vinyl siding, replacement window, hardwoods, fireplace, and natural gas heat.  All in a wonderful sixteen acres area near Western New England University.
Unit Size
1,202 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$133
Property Type
House
Property Taxes
$205
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: 5 months ago (MLSPIN #71706857)

Price History

Date / Event Date Event Price
Sep 18, 2014 Sold
Premium
Sold
Jun 30, 2014 Listed by Gallagher Real Estate $159,900
Listed by Gallagher Real Estate
Oct 15, 2001 Sold
Premium
Sold
Aug 1, 2001 Listed by Gallagher Real Estate $129,900
Listed by Gallagher Real Estate

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,482
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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: 8700041
  • Parcel: SPRI S:00870 P:0041
  • Municipality: SPRINGFIELD
  • Latitude: 42.1123
  • Longitude: -72.5199

    Address

  • Full Address: 172 Bacon Rd
  • Address - House Number: 172
  • Address - Street Name: Bacon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2804
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,300

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 281,820
  • High Value: 338,494
  • Low Value: 225,146

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,800
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $173,800

    Sales

  • Current Sale Recording Date: Sep 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 46368
  • Previous Sale Recording Date: Oct 15, 2001
  • Previous Sale Amount: $129,900
  • 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:

$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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71706857

Frequently Asked Questions

When was property at 172 Bacon Road built and last sold?
The property at 172 Bacon Road was built in 1956 and last sold on Jan 1, 1970 for $157,500.
How much is this home worth?
The estimated value of the home located at 172 Bacon Road is $170,693.
What are some comparable homes to 172 Bacon Road?
There are currently no comparable homes to 172 Bacon Road.
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