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Springfield 01109 Sixteen Acres
20 E Hill Rd
$220,000
● House - Off Market

20 E Hill Rd

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
960 Ft²
$215,334
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Welcome Home!  This Lovely Western Mass Ranch Sits On A Cul-De-Sac & Greets You With A Spacious Living Room With Hardwood Floors.  The Living Room's Open Concept Is Perfect For Both Living & Dining Space!  Updated Kitchen & Bathrooms, & Three Bedrooms.  The Kitchen's Sliding Doors Introduces You To The Backyard Deck & Backyard; Perfect For Those Family Gatherings And Summer Cookouts!  The Finished Basement Is Ideal For That "Man Cave" Or Ladies, That "She Shed!!!"  The Price Is Right, So Don't Miss The Opportunity To Seize The Moment To Buy During The Holiday Season!  ***First Showing At The Open House On Friday November 19th 5:30PM - 7PM & Saturday, November 20th 10AM - 12PM. & ***SUNDAY 11/21/2021 3PM - 5PM***  ****COVID-19 Guidelines Apply; Thank You In Advance For Your Cooperation.*
Unit Size
960 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$213
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #72920543)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Nov 16, 2021 Listed by Nicole Allen Real Estate $204,500
Listed by Nicole Allen Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 9,775
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 43120006
  • Parcel: SPRI S:04312 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.1103
  • Longitude: -72.5265

    Address

  • Full Address: 20 E Hill Rd
  • Address - House Number: 20
  • Street Direction: E
  • Address - Street Name: Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 1430
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $328,700

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 244,069
  • High Value: 297,830
  • Low Value: 190,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,800
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $143,300

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11994
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

51

Average Home Size

1345 ft²

Average Home Age

57.1 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 72920543

Frequently Asked Questions

When was property at 20 East Hill Road built and last sold?
The property at 20 East Hill Road was built in 1974 and last sold on Feb 25, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 20 East Hill Road is $210,667.
What are some comparable homes to 20 East Hill Road?
There are currently no comparable homes to 20 East Hill Road.
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