229 Ramblewood Dr
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 3, 2026 | Listed by Premier Realty Group-Hadley | $2,500 | |
| Listed by Premier Realty Group-Hadley | |||
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Spacious 3-Bedroom Colonial on Quiet Cul-de-Sac 229 Ramblewood Dr, Springfield, MA 01118Welcome to this bright and airy 3-bedroom, 1.5-bath colonial home, built in 1997 and nestled in the desirable Sixteen Acres neighborhood on a quiet cul-de-sac. With approximately 1,464 sq ft of living space and a private backyard that backs up to conservation land, this is a comfortable rental ideal for professionals, families, or anyone seeking suburban convenience.Key Features:Three generous bedrooms plus an ideal home-office or flex space* 1 full bath + bath for added convenience* Large kitchen with mud-room access and room for flexible dining/living layout* Two decks overlooking the backyard and conservation border perfect for relaxing outdoors* Off-street parking and easy access to major thoroughfares for commutingLocated in a family-friendly, well-maintained neighborhood with easy access to shopping, parks, and commuter routes
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| Mar 18, 2016 | Sold | ||
| Sold | |||
| May 14, 2015 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $164,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
| Sep 2, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017