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Belchertown 01007
20 Springfield Rd
$173,500
● House - Off Market

20 Springfield Rd

Belchertown, MA 01007
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$320,518
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Cozy Cape home, well maintained, w/ many updated features & great location.  Unbeatable combination of walk to town convenience & easy access to all major commuter routes, set on lovely half acre lot with traditional stone wall & classic New England charm.  Living room w/ hardwood floors, pellet stove, formal dining room, open kitchen, additional useful area in enclosed breezeway not included in public record living area + attached garage w/ walk-up storage, paved drive, & level private backyard. This is a Fannie Mae HomePath property.  HomePath and HomePath Renovation financing are available with as little as 5% down for eligible buyers.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$147
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1965

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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 #71617000)

Price History

Date / Event Date Event Price
Mar 12, 2021 Sold
Premium
Sold
Dec 9, 2020 Listed by Jones Group REALTORS® $265,000
Listed by Jones Group REALTORS®
Apr 25, 2014 Sold
Premium
Sold
Dec 17, 2013 Listed by Jones Group REALTORS® $169,900
Listed by Jones Group REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,258
  • Gross Building Area: 3,396
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Belchertown School District
  • School Tax School District: BELCHERTOWN SD
  • Census Tract: 820206

Geography

  • Account Number: 19298
  • District: 24
  • Parcel: BELC M:249 L:7
  • Lot: 7
  • Municipality: BELCHERTOWN
  • Latitude: 42.2709
  • Longitude: -72.4

    Address

  • Full Address: 20 Springfield Rd
  • Address - House Number: 20
  • Address - Street Name: Springfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Belchertown
  • Carrier Code: R005
  • 4-Digit Zip Code: 9037
  • Zip Code: 01007

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $421,600

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 327,368
  • High Value: 396,366
  • Low Value: 258,369

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $275,200
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $214,700

    Sales

  • Current Sale Contract Date: Mar 12, 2021
  • Current Sale Recording Date: Mar 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5832
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Amount: $173,500
  • 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 Belchertown

Stats & Trends

Median Asking:

$442,950

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2224 ft²

Average Home Age

75.2 years

Currently For Sale

11 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: 4 months ago
Data Source: MLS PIN, MLS# 71617000

Frequently Asked Questions

When was property at 20 Springfield Road built and last sold?
The property at 20 Springfield Road was built in 1965 and last sold on Mar 12, 2021 for $258,000.
How much is this home worth?
The estimated value of the home located at 20 Springfield Road is $264,569.
What are some comparable homes to 20 Springfield Road?
There are currently no comparable homes to 20 Springfield Road.
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