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Springfield 01109 Upper Hill
229 Wilbraham Rd
$145,000
● House - Off Market

229 Wilbraham Rd

Springfield, MA 01109
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,767 Ft²
$236,354
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Recently renovated 6 bedrooms 2 full, one 1.5 bathroom beautiful large house! Freshly refinished hardwood floors throughout the entire 3 floor house! Come and enjoy the kitchen with recently installed  new cabinets and ceramic tile floors. All 3 bathrooms on each level has new ceramic tile also.Most windows are new.  Fire place in the living room welcomes you at cold winter nights. Enclosed porch, deck in the large  fenced yard for your free time.   Right nearby New England University and Springfield International College. Could also be a  great potential to rental profit. The City of Springfield for use of the HAP program allows $3000 to be used anywhere in the city of Springfield. See if you are qualified.
Unit Size
2,767 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$51
Property Type
House
Property Taxes
$68
HOA Dues
-
Year Built
1922

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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 #72017007)

Price History

Date / Event Date Event Price
Sep 20, 2016 Sold
Premium
Sold
Jun 2, 2016 Listed by Gallagher Real Estate $140,000
Listed by Gallagher Real Estate
Oct 30, 2014 Sold
Premium
Sold
Aug 19, 2014 Listed by Gallagher Real Estate $34,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,382
  • Total Building Area: 2,767
  • Gross Building Area: 2,767
  • Building Area: 2,767
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,767
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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: 801700

Zoning

  • Zoning: R2

Geography

  • Account Number: 122820978
  • Parcel: SPRI S:12282 P:0978
  • Municipality: SPRINGFIELD
  • Latitude: 42.1121
  • Longitude: -72.5555

    Address

  • Full Address: 229 Wilbraham Rd
  • Address - House Number: 229
  • Address - Street Name: Wilbraham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 3122
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,800

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 286,696
  • High Value: 349,846
  • Low Value: 223,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,500
  • Assessed Land Value: $29,600
  • Assessed Improvements Value: $177,900

    Sales

  • Current Sale Recording Date: Sep 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55950
  • Previous Sale Recording Date: Oct 30, 2014
  • Previous Sale Amount: $36,500
  • 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 Upper Hill

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$164

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2517 ft²

Average Home Age

102.3 years

Currently For Sale

9 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: 4 months ago
Data Source: MLS PIN, MLS# 72017007

Frequently Asked Questions

When was property at 229 Wilbraham Road built and last sold?
The property at 229 Wilbraham Road was built in 1922 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 229 Wilbraham Road is $137,351.
What are some comparable homes to 229 Wilbraham Road?
There are currently no comparable homes to 229 Wilbraham Road.
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