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Springfield 01118 Sixteen Acres
181 Newhouse St
$130,000
● House - Off Market

181 Newhouse St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$253,248
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Come see this well maintained home in a long settled neighborhood with great curb appeal.  Boarders East Forest park and Sixteen acres.  This ranch style home has a three bedrooms, with double wide closets, hardwood flooring, ceiling fans, kitchen has wood cabinets with lots of counter space and ceramic tiled floor.  The exterior features a large fenced in back yard with Jungle swing set that will remain and a one car detached garage.  Easy to Show.  Great Home!!!
Unit Size
999 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$137
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #71650383)

Price History

Date / Event Date Event Price
Oct 5, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by B & B Real Estate $224,000
Listed by B & B Real Estate
Jul 30, 2014 Sold
Premium
Sold
Mar 26, 2014 Listed by B & B Real Estate $136,500
Listed by B & B Real Estate
Jul 29, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,500
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 90050123
  • Parcel: SPRI S:09005 P:0123
  • Municipality: SPRINGFIELD
  • Latitude: 42.0895
  • Longitude: -72.5138

    Address

  • Full Address: 181 Newhouse St
  • Address - House Number: 181
  • Address - Street Name: Newhouse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2511
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 273,667
  • High Value: 332,060
  • Low Value: 215,273

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,200
  • Assessed Land Value: $54,800
  • Assessed Improvements Value: $157,400

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 70681
  • Previous Sale Recording Date: Jul 30, 2014
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: 71
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1338 ft²

Average Home Age

50.8 years

Currently For Sale

29 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: 6 months ago
Data Source: MLS PIN, MLS# 71650383

Frequently Asked Questions

When was property at 181 Newhouse Street built and last sold?
The property at 181 Newhouse Street was built in 1960 and last sold on Oct 5, 2021 for $250,000.
How much is this home worth?
The estimated value of the home located at 181 Newhouse Street is $225,481.
What are some comparable homes to 181 Newhouse Street?
There are currently no comparable homes to 181 Newhouse Street.
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