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Springfield 01118 Sixteen Acres
179 Bridle Path Rd
$118,000
● House - Off Market

179 Bridle Path Rd

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,470 Ft²
$210,013
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Sought after area.* Build Equity- with some imagination this home will shine.Needs "paint and paper" Vinyl sided- Dormered Cape with a nice yard that is fenced in.  First floor bedroom has  egress to second driveway and could serve as an office/etc...3 full bedrooms on the second level.-half bath...all hardwood flooring..needs to be polished..Central air/central vac..updated boiler.circuit breakers...This home is located in a very lovely neighborhood...abutting school,and  close to all amenities----well worth a look...
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$78
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1961

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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 #71788696)

Price History

Date / Event Date Event Price
Mar 30, 2015 Sold
Premium
Sold
Jan 30, 2015 Listed by Grimaldi & Burzdak, Rltrs, Inc $114,900
Listed by Grimaldi & Burzdak, Rltrs, Inc

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,817
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • 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: 0000000156
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 18450043
  • Parcel: SPRI S:01845 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.0951
  • Longitude: -72.5152

    Address

  • Full Address: 179 Bridle Path Rd
  • Address - House Number: 179
  • Address - Street Name: Bridle Path
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1846
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 270,601
  • High Value: 328,340
  • Low Value: 212,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,300
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $150,300

    Sales

  • Current Sale Recording Date: Mar 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 14510
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

51

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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# 71788696

Frequently Asked Questions

When was property at 179 Bridle Path Road built and last sold?
The property at 179 Bridle Path Road was built in 1961 and last sold on Jan 1, 1970 for $118,000.
How much is this home worth?
The estimated value of the home located at 179 Bridle Path Road is $127,903.
What are some comparable homes to 179 Bridle Path Road?
There are currently no comparable homes to 179 Bridle Path Road.
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