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Springfield 01129 Sixteen Acres
18 Mark St.
$267,500
● House - Off Market

18 Mark St.

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$1,650
Est. Monthly

About This Property

Cute ranch home in desirable sixteen acres! This home has a brand new roof, gutters, French drain system and much more. Hard wood floors have just been refinished along with a fresh coat of paint throughout. The updated kitchen has an open concept to your naturally bright living room and a slider to the backyard deck! Outside you can enjoy entertaining guests on the deck within a fenced in yard. Central heat and air are an additional bonus to this desirable ranch home! Storage shed is great for tools and lawn equipment or any storage needs you have. Basement has all plumbing in place for 1 extra bath and kitchen area and is ready to be finished!
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$261
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73174264)

Price History

Date / Event Date Event Price
Feb 21, 2024 Sold
Premium
Sold
Jan 24, 2024 In contract -
In contract
Jan 22, 2024 Price Decreased $275,000
↓ $5K (1.8%)
Price Decreased
Jan 3, 2024 Relisted $279,900
Relisted
Dec 18, 2023 Withdrawn -
Withdrawn
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 82720002
  • Parcel: SPRI S:08272 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.1123
  • Longitude: -72.4871

    Address

  • Full Address: 18 Mark St
  • Address - House Number: 18
  • Address - Street Name: Mark
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1919
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,900

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 284,867
  • High Value: 309,751
  • Low Value: 259,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,500
  • Assessed Land Value: $56,900
  • Assessed Improvements Value: $153,600

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7376
  • Previous Sale Recording Date: Aug 18, 2023
  • Previous Sale Contract Date: Aug 18, 2023
  • Previous Sale Amount: $191,000
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73174264

Frequently Asked Questions

When was property at 18 Mark Street built and last sold?
The property at 18 Mark Street was built in 1971 and last sold on Feb 21, 2024 for $267,500.
How much is this home worth?
The estimated value of the home located at 18 Mark Street is $277,925.
What are some comparable homes to 18 Mark Street?
There are currently no comparable homes to 18 Mark Street.
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