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Springfield 01129 Sixteen Acres
242 Mallowhill Rd.
$135,000
● House - Off Market

242 Mallowhill Rd.

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
942 Ft²
$244,654
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Totally remodeled ranch in move-in condition located near the end of a dead-end street. Kitchen completely remodeled, including new cabinets and tile floor, with slider to large back deck. Bathroom has been full remodeled as well, and includes ceramic tile floor and tub surround, Large living room has wall to wall carpet (hardwood underneath); 3 bedroom all have hardwood floors. Basement includes a large finished room that could be a game room or extra bedroom. Exterior boasts a brand new roof, vinyl siding, replacement windows, large back deck and fenced yard. One side of the oversized shed contains a large space with picture window, which could serve as a greenhouse, workshop or artist's studio. Home has central air too. Seller will consider all reasonable offers.
Unit Size
942 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$146
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1960

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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 #71811483)

Price History

Date / Event Date Event Price
Nov 24, 2015 Sold
Premium
Sold
Apr 6, 2015 Listed by Help 2 Sell Real Estate $137,900
Listed by Help 2 Sell Real Estate
Feb 23, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 14
  • 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: 10,799
  • Total Building Area: 942
  • Gross Building Area: 942
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 81480049
  • Parcel: SPRI S:08148 P:0049
  • Municipality: SPRINGFIELD
  • Latitude: 42.1224
  • Longitude: -72.4892

    Address

  • Full Address: 242 Mallowhill Rd
  • Address - House Number: 242
  • Address - Street Name: Mallowhill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 1610
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,700

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 254,849
  • High Value: 309,723
  • Low Value: 199,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,300
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $150,900

    Sales

  • Current Sale Recording Date: Nov 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 66974
  • Previous Sale Recording Date: Feb 23, 2015
  • Previous Sale Amount: $83,650
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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# 71811483

Frequently Asked Questions

When was property at 242 Mallowhill Road built and last sold?
The property at 242 Mallowhill Road was built in 1960 and last sold on Jan 1, 1970 for $135,000.
How much is this home worth?
The estimated value of the home located at 242 Mallowhill Road is $145,817.
What are some comparable homes to 242 Mallowhill Road?
There are currently no comparable homes to 242 Mallowhill Road.
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