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Springfield 01119 Sixteen Acres
25 Ferncliff Ave
$260,000
● House - Off Market

25 Ferncliff Ave

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,154 Ft²
$246,799
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Here is what you were waiting for, a spacious single-family ranch featuring plenty of sunlight with room to spread out and entertain.  Enjoy the nice private backyard perfect for the kids, pets, or relaxing. The house has some updates in and out. Can benefit from some cosmetic refresh and TLC. Come build some equity and memories in this beautiful home located on Sixteen Acres. Don't miss the opportunity to own this beauty and schedule a showing.
Unit Size
1,154 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$212
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #73088417)

Price History

Date / Event Date Event Price
May 5, 2023 Sold
Premium
Sold
Mar 29, 2023 In contract -
In contract
Mar 16, 2023 Listed by Executive Real Estate, Inc. $244,900
Listed by Executive Real Estate, Inc.
Mar 3, 2023 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,154
  • Gross Building Area: 1,154
  • Building Area: 1,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,154
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 50800098
  • Parcel: SPRI S:05080 P:0098
  • Municipality: SPRINGFIELD
  • Latitude: 42.1179
  • Longitude: -72.5026

    Address

  • Full Address: 25 Ferncliff Ave
  • Address - House Number: 25
  • Address - Street Name: Ferncliff
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2501
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $287,000

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 257,805
  • High Value: 312,397
  • Low Value: 203,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,300
  • Assessed Land Value: $49,100
  • Assessed Improvements Value: $119,200

    Sales

  • Current Sale Contract Date: May 05, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20408
  • Previous Sale Recording Date: Mar 03, 2023
  • Previous Sale Contract Date: Mar 03, 2023
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 35
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1359 ft²

Average Home Age

53.8 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 73088417

Frequently Asked Questions

When was property at 25 Ferncliff Avenue built and last sold?
The property at 25 Ferncliff Avenue was built in 1956 and last sold on May 5, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 25 Ferncliff Avenue is $252,236.
What are some comparable homes to 25 Ferncliff Avenue?
There are currently no comparable homes to 25 Ferncliff Avenue.
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