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Springfield 01129 Sixteen Acres
206 Pine Acre Road
$134,000
● House - Off Market

206 Pine Acre Road

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$246,752
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

This is your opportunity to own a wonderful home! This newer and recently updated ranch is situated on a quiet street in Sixteen Acres, two streets from Wilbraham Town line and close to schools.  Tastefully painted rooms boast hardwood floors throughout. Open living room with fireplace.  The basement has been updated with a finished family room, with separate workshop, storage area and laundry room.  Recently updated heating system, insulation and replacement windows.   Access the wooden deck and fenced back yard from the eat-in kitchen. This home is ready to be yours and priced to sell.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$113
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1971

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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 #71754768)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Keller Williams Realty $235,000
Listed by Keller Williams Realty
Mar 23, 2015 Sold
Premium
Sold
Oct 9, 2014 Listed by Keller Williams Realty $135,000
Listed by Keller Williams Realty
Apr 30, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

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: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,123
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 97200037
  • Parcel: SPRI S:09720 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.1203
  • Longitude: -72.4832

    Address

  • Full Address: 206 Pine Acre Rd
  • Address - House Number: 206
  • Address - Street Name: Pine Acre
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1720
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,900

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 286,574
  • High Value: 343,897
  • Low Value: 229,251

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,600
  • Assessed Land Value: $55,100
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 82606
  • Previous Sale Recording Date: Mar 23, 2015
  • Previous Sale Amount: $134,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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# 71754768

Frequently Asked Questions

When was property at 206 Pine Acre Road built and last sold?
The property at 206 Pine Acre Road was built in 1971 and last sold on Nov 19, 2021 for $268,500.
How much is this home worth?
The estimated value of the home located at 206 Pine Acre Road is $240,619.
What are some comparable homes to 206 Pine Acre Road?
There are currently no comparable homes to 206 Pine Acre Road.
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