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Springfield 01119 Sixteen Acres
265 Starling Rd
$205,000
● House - Off Market

265 Starling Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,720 Ft²
$281,245
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Well maintained Ranch in a most desirable neighborhood of Sixteen Acres now for sale! This very clean move- in condition, updated ranch has hardwood floors, tile in the kitchen and freshly painted throughout -  A newer gas furnace, all updated appliances, vinyl siding, security system from ADT.  The basement living area, complete with bar and 1/2 bath makes this living space feel like your on vacation!  The walk- out basement leads outside to the professionally landscaped, fenced in yard, with new vinyl fencing and has two large decks and a gas fire pit with a grilling  area.  Let the celebrations begin here!
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$116
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1960

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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 #72625479)

Price History

Date / Event Date Event Price
May 27, 2020 Sold
Premium
Sold
Feb 28, 2020 Listed by Perella Real Estate $199,000
Listed by Perella Real Estate
Oct 30, 1985 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,762
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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: 111080032
  • Parcel: SPRI S:11108 P:0032
  • Municipality: SPRINGFIELD
  • Latitude: 42.1259
  • Longitude: -72.5013

    Address

  • Full Address: 265 Starling Rd
  • Address - House Number: 265
  • Address - Street Name: Starling
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2226
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,800

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 267,293
  • High Value: 323,043
  • Low Value: 211,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,000
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $154,500

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26654
  • Previous Sale Recording Date: Oct 30, 1985
  • Previous Sale Amount: $68,900
  • Previous Sale Document Type: 27
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

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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# 72625479

Frequently Asked Questions

When was property at 265 Starling Road built and last sold?
The property at 265 Starling Road was built in 1960 and last sold on May 22, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 265 Starling Road is $217,115.
What are some comparable homes to 265 Starling Road?
There are currently no comparable homes to 265 Starling Road.
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