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Springfield 01118 Sixteen Acres
27 Talmadge Drive
$151,000
● House - Off Market

27 Talmadge Drive

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
837 Ft²
$210,170
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

A wonderful ranch conveniently located close to many area amenities such as shopping and restaurants. The property lies on a quiet street while the yard is enclosed by a fence and has a deck for all your summer needs. The house itself has a large living room, a dine-in kitchen, and three spacious bedrooms. Do not miss the opportunity to see this home!
Unit Size
837 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$179
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1962

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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 #72645316)

Price History

Date / Event Date Event Price
Oct 23, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Class Realty, Inc. $234,900
Listed by Class Realty, Inc.
Jun 1, 2020 Sold
Premium
Sold
Apr 18, 2020 Listed by Class Realty, Inc. $149,900
Listed by Class Realty, Inc.
Aug 26, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 114070122
  • Parcel: SPRI S:11407 P:0122
  • Municipality: SPRINGFIELD
  • Latitude: 42.0939
  • Longitude: -72.5137

    Address

  • Full Address: 27 Talmadge Dr
  • Address - House Number: 27
  • Address - Street Name: Talmadge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2519
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,000

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 301,846
  • High Value: 357,631
  • Low Value: 246,062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,800
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $180,400

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61886
  • Previous Sale Recording Date: Jun 01, 2020
  • Previous Sale Contract Date: May 30, 2020
  • Previous Sale Amount: $151,000
  • 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:

$324,999

Sale Price/ft²

$238

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# 72645316

Frequently Asked Questions

When was property at 27 Talmadge Drive built and last sold?
The property at 27 Talmadge Drive was built in 1962 and last sold on Oct 21, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 27 Talmadge Drive is $233,668.
What are some comparable homes to 27 Talmadge Drive?
There are currently no comparable homes to 27 Talmadge Drive.
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