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Springfield 01129 Sixteen Acres
283 Spikenard Cir
$200,000
● House - Off Market

283 Spikenard Cir

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
960 Ft²
$292,786
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Easy going flow with modern details describes this well maintained Ranch in Sixteen Acres near the Wilbraham line. Enjoy the open gathering area and smart features which make entertaining enjoyable and effortless. The bonus will be when you enter the basement with the finished room and full bath with spacious laundry. Some of the additional favorite interior features of this home are, the central air, hardwood floors, newer appliances and replacement windows. The exterior features include a deck for grilling and enjoying the fenced back yard and the shed for extra storage.   You won't have to look much further for your new home once you enter 283 Spikenard Circle.  Showings begin on Saturday, September 7th from 1:00 to 2:30 PM.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$208
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1967

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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 #72559185)

Price History

Date / Event Date Event Price
Oct 25, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Landmark, REALTORS® $199,900
Listed by Landmark, REALTORS®
Aug 24, 2015 Sold
Premium
Sold
Mar 17, 2015 Sold
Premium
Sold
Feb 12, 2015 Listed by Landmark, REALTORS® $74,900
Listed by Landmark, REALTORS®
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,034
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • 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: 0000000253
  • 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: 110360072
  • Parcel: SPRI S:11036 P:0072
  • Municipality: SPRINGFIELD
  • Latitude: 42.1238
  • Longitude: -72.4792

    Address

  • Full Address: 283 Spikenard Cir
  • Address - House Number: 283
  • Address - Street Name: Spikenard
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1521
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $409,700

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 289,505
  • High Value: 343,643
  • Low Value: 235,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,300
  • Assessed Land Value: $55,500
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Contract Date: Oct 25, 2019
  • Current Sale Recording Date: Oct 25, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 219996
  • Previous Sale Recording Date: Aug 24, 2015
  • Previous Sale Amount: $164,000
  • 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:

$324,999

Sale Price/ft²

$238

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# 72559185

Frequently Asked Questions

When was property at 283 Spikenard Circle built and last sold?
The property at 283 Spikenard Circle was built in 1967 and last sold on Oct 25, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 283 Spikenard Circle is $204,700.
What are some comparable homes to 283 Spikenard Circle?
There are currently no comparable homes to 283 Spikenard Circle.
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