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Springfield 01129 Sixteen Acres
29 Rhinebeck Ave
Photo of 29 Rhinebeck Ave
Sold on Apr 10, 2025

42

Map

Photo of 29 Rhinebeck Ave
Photo of 29 Rhinebeck Ave
$330,100
● House - Off Market

29 Rhinebeck Ave

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,102 Ft²
$1,962
Est. Monthly
6.40%
Cap Rate

About This Property

Charming Colonial style home conveniently located in Sixteen Acres near the Wilbraham line and close to many area amenities. The fenced in back yard adds privacy and security. Inside you'll find many nice features including hardwood flooring, wide moldings, and built-ins throughout. The living room and office have glass paned doors for extra privacy and noise reduction when you need it. The kitchen has updated stainless steel appliances, a pantry closet, and plenty of space for moving around. Upstairs you'll find 3 ample sized bedrooms with closets and built-ins, along with a remodeled full bath. The basement has additional finished space awaiting your inspiration.
Unit Size
2,102 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$155
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1930

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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 #73342534)

Price History

Date / Event Date Event Price
Apr 10, 2025 Sold
Premium
Sold
Mar 11, 2025 In contract -
In contract
Mar 6, 2025 Listed $324,900
Listed
Jul 4, 2024 No longer available -
No longer available
Mar 8, 2024 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 140
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,872
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 101650047
  • Parcel: SPRI S:10165 P:0047
  • Municipality: SPRINGFIELD
  • Latitude: 42.1165
  • Longitude: -72.4832

    Address

  • Full Address: 29 Rhinebeck Ave
  • Address - House Number: 29
  • Address - Street Name: Rhinebeck
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1727
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,400

    Appraisal Valuation

  • Standard Deviation: 0.0861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 337,531
  • High Value: 366,606
  • Low Value: 308,456

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,900
  • Assessed Land Value: $56,300
  • Assessed Improvements Value: $158,600

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22348
  • Previous Sale Recording Date: Nov 22, 2006
  • Previous Sale Amount: $185,100
  • 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:

$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# 73342534

Frequently Asked Questions

When was property at 29 Rhinebeck Avenue built and last sold?
The property at 29 Rhinebeck Avenue was built in 1930 and last sold on Apr 12, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 29 Rhinebeck Avenue is $338,918.
What are some comparable homes to 29 Rhinebeck Avenue?
There are currently no comparable homes to 29 Rhinebeck Avenue.
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