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Springfield 01118 Sixteen Acres
188 Ramblewood Drive
$164,000
● House - Off Market

188 Ramblewood Drive

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,666 Ft²
$397,914
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Spacious Colonial Offers 7 rooms, 3 bedroom, formal dining room, open living room, first floor family rm. or use as a first floor bedroom.  Upstairs you have a Large master bedroom with 2 closets. Center Hall Full bath,  Two additional bedrooms.The basement includes a  fabulous Family room and guest/home office you decide, with a full bath.  Plenty of room to spread out! Attached garage. Convenient location, near shopping & public transportation.
Unit Size
1,666 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$111
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1987

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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 #71377556)

Price History

Date / Event Date Event Price
Aug 8, 2012 Sold
Premium
Sold
May 3, 2012 Listed by Coldwell Banker Residential Brokerage - Longmeadow $184,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
May 17, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,858
  • Total Building Area: 1,666
  • Gross Building Area: 1,666
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 100470033
  • Parcel: SPRI S:10047 P:0033
  • Municipality: SPRINGFIELD
  • Latitude: 42.0896
  • Longitude: -72.503

    Address

  • Full Address: 188 Ramblewood Dr
  • Address - House Number: 188
  • Address - Street Name: Ramblewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2665
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,600

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 358,135
  • High Value: 429,171
  • Low Value: 287,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,500
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $262,200

    Sales

  • Current Sale Recording Date: Aug 08, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000005
  • Previous Sale Recording Date: May 17, 1989
  • Previous Sale Amount: $149,000
  • 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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1193 ft²

Average Home Age

54.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71377556

Frequently Asked Questions

When was property at 188 Ramblewood Drive built and last sold?
The property at 188 Ramblewood Drive was built in 1987 and last sold on Jan 1, 1970 for $164,000.
How much is this home worth?
The estimated value of the home located at 188 Ramblewood Drive is $199,562.
What are some comparable homes to 188 Ramblewood Drive?
There are currently no comparable homes to 188 Ramblewood Drive.
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