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Springfield 01118 Sixteen Acres
249 Talmadge Dr
$202,000
● House - Off Market

249 Talmadge Dr

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$292,607
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Location, value and quality!  This 3 bedroom. 1 bath, 1 car garage home is ready for a new owner.  The kitchen has granite counters, stainless steel appliances, ceramic tile, center island and opens to dining room and living room with hardwood flooring.  The 3 bedrooms all have beautiful hardwood flooring.  New features include windows, doors, lighting, siding, roof, and bathroom.  The private deck overlooks the large backyard which is fenced in.  The oversized garage has a workshop area and storage and also dog kennel which is attached.
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$190
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1964

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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 #72552442)

Price History

Date / Event Date Event Price
Nov 7, 2019 Sold
Premium
Sold
Aug 20, 2019 Listed by Property One $199,900
Listed by Property One
Dec 26, 2017 Sold
Premium
Sold
Nov 10, 2017 Listed by Property One $159,900
Listed by Property One
Dec 14, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2018
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 6

    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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 114070082
  • Parcel: SPRI S:11407 P:0082
  • Municipality: SPRINGFIELD
  • Latitude: 42.0881
  • Longitude: -72.5125

    Address

  • Full Address: 249 Talmadge Dr
  • Address - House Number: 249
  • Address - Street Name: Talmadge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2507
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,100

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 287,076
  • High Value: 346,104
  • Low Value: 228,049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 65482
  • Previous Sale Recording Date: Dec 26, 2017
  • Previous Sale Amount: $157,350
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72552442

Frequently Asked Questions

When was property at 249 Talmadge Drive built and last sold?
The property at 249 Talmadge Drive was built in 1964 and last sold on Nov 6, 2019 for $202,000.
How much is this home worth?
The estimated value of the home located at 249 Talmadge Drive is $204,808.
What are some comparable homes to 249 Talmadge Drive?
There are currently no comparable homes to 249 Talmadge Drive.
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