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Springfield 01129 Sixteen Acres
2450 Wilbraham Rd
$290,000
● House - Off Market

2450 Wilbraham Rd

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$306,983
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Welcome home to this cozy cape! Conveniently located in Springfield close to local amenities and the Wilbraham town line. The interior of this spacious home features beautiful hardwood floors and a bright and light color scheme. Enjoy a clutter free kitchen with the generously sized pantry and newer stainless steel appliances. The spacious dinning and living room areas are perfect for entertaining! You'll find a full bath located on each floor of the home plus there is first floor laundry! The bonus room off the kitchen makes for a great home office, den or even the potential for a fourth bedroom. Endless possibilities await in the oversized fenced in backyard, perfect for your own personal outdoor retreat. Schedule your showing today, you won't want to miss this opportunity!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$161
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1943

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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 #73057525)

Price History

Date / Event Date Event Price
Jan 31, 2023 Sold
Premium
Sold
Jan 1, 2023 In contract -
In contract
Nov 10, 2022 Listed by Hampden Realty Center, LLC $289,987
Listed by Hampden Realty Center, LLC
Sep 29, 2022 Sold
Premium
Sold
Apr 28, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 35,719
  • Total Building Area: 1,760
  • Gross Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000820
  • 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: 122820458
  • Parcel: SPRI S:12282 P:0458
  • Municipality: SPRINGFIELD
  • Latitude: 42.1166
  • Longitude: -72.4785

    Address

  • Full Address: 2450 Wilbraham Rd
  • Address - House Number: 2450
  • Address - Street Name: Wilbraham
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C050
  • 4-Digit Zip Code: 1813
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $401,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 290,020
  • High Value: 344,257
  • Low Value: 235,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,600
  • Assessed Land Value: $66,300
  • Assessed Improvements Value: $169,300

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5029
  • Previous Sale Recording Date: Sep 29, 2022
  • Previous Sale Contract Date: Sep 29, 2022
  • Previous Sale Amount: $265,000
  • 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:

$325,000

Sale Price/ft²

$240

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73057525

Frequently Asked Questions

When was property at 2450 Wilbraham Road built and last sold?
The property at 2450 Wilbraham Road was built in 1943 and last sold on Jan 31, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 2450 Wilbraham Road is $300,485.
What are some comparable homes to 2450 Wilbraham Road?
There are currently no comparable homes to 2450 Wilbraham Road.
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