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Springfield 01119 Pine Point
22 Gatewood Rd
$139,900
● House - Off Market

22 Gatewood Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
954 Ft²
$235,916
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Located on the Pine Pint/16 Acres line, this 5 room, 3 br ranch in move-in condition has it all. Kitchen has been remodeled and includes all appliances, with a large dining area. The living room boasts a gleaming hardwood floor and large bay window. The 3 bedrooms all have hw flooring, with a large tandem closet between two of the bedrooms. The bathroom has a tile floor, a new vanity and a walk-in shower. The finished basement includes a spacious game room with wood-stove hookup and brick surround, a bonus room with closet, and a utility area with laundry area/hookups. Other highlights include maintenance-free vinyl siding, replacement windows, updated plumbing, and partially fenced back yard with storage shed. Close to shopping & Western New England University.
Unit Size
954 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$147
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1955

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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 #72031902)

Price History

Date / Event Date Event Price
Oct 19, 2016 Sold
Premium
Sold
Jul 1, 2016 Listed by Help 2 Sell Real Estate $139,900
Listed by Help 2 Sell Real Estate
Mar 31, 2016 Sold
Premium
Sold
Nov 15, 1996 Sold
Premium
Sold
Jul 1, 1996 Listed $49,900
Listed
HARDWOOD FLOORS, RECREATION ROOM AND WOOD BURNING STOVE HOOKUP-DIN IN KITCHEN-NICE STREET!FIX UP AND ENJOY EASY TO SHOW

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,215
  • Total Building Area: 954
  • Gross Building Area: 954
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: 801501

Zoning

  • Zoning: R1

Geography

  • Account Number: 55730006
  • Parcel: SPRI S:05573 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.1207
  • Longitude: -72.5253

    Address

  • Full Address: 22 Gatewood Rd
  • Address - House Number: 22
  • Address - Street Name: Gatewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 2316
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $313,500

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 251,545
  • High Value: 306,020
  • Low Value: 197,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,900
  • Assessed Land Value: $31,100
  • Assessed Improvements Value: $152,800

    Sales

  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62542
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: 34
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 Pine Point

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1393 ft²

Average Home Age

86.3 years

Currently For Sale

28 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# 72031902

Frequently Asked Questions

When was property at 22 Gatewood Road built and last sold?
The property at 22 Gatewood Road was built in 1955 and last sold on Jan 1, 1970 for $139,900.
How much is this home worth?
The estimated value of the home located at 22 Gatewood Road is $145,269.
What are some comparable homes to 22 Gatewood Road?
There are currently no comparable homes to 22 Gatewood Road.
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