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Springfield 01119 Sixteen Acres
1780 Wilbraham Rd
$160,000
● House - Off Market

1780 Wilbraham Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,380 Ft²
$249,011
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

This 3 bedroom brick ranch has loads of potential and comes with an adjacent land parcel for extra yard space! The home features a large open living/dining room with fireplace, kitchen with custom built wood cabinets, 3 decent size bedrooms, one full bath and a partially finished basement with more living area potential.  The home also features hardwood flooring under the carpeting (APO), an enclosed porch, detached one car garage, and an outdoor patio area.  Don't miss out on this opportunity.....a little cosmetic updating will make this a fabulous home!
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$123
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1948

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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 #72514649)

Price History

Date / Event Date Event Price
Sep 18, 2019 Sold
Premium
Sold
Jun 6, 2019 Listed by Ideal Real Estate Services, Inc. $169,900
Listed by Ideal Real Estate Services, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 11
  • Exterior Walls Type: 2
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,448
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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: 122820318
  • Parcel: SPRI S:12282 P:0318
  • Municipality: SPRINGFIELD
  • Latitude: 42.1165
  • Longitude: -72.5006

    Address

  • Full Address: 1780 Wilbraham Rd
  • Address - House Number: 1780
  • Address - Street Name: Wilbraham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2650
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $342,500

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 277,215
  • High Value: 337,249
  • Low Value: 217,181

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,900
  • Assessed Land Value: $49,400
  • Assessed Improvements Value: $151,500

    Sales

  • Current Sale Contract Date: Sep 17, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 53761
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72514649

Frequently Asked Questions

When was property at 1780 Wilbraham Road built and last sold?
The property at 1780 Wilbraham Road was built in 1948 and last sold on Sep 17, 2019 for $160,000.
How much is this home worth?
The estimated value of the home located at 1780 Wilbraham Road is $180,944.
What are some comparable homes to 1780 Wilbraham Road?
There are currently no comparable homes to 1780 Wilbraham Road.
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