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Springfield 01119 Sixteen Acres
31 Macomber Ave
$155,000
● House - Off Market

31 Macomber Ave

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,596 Ft²
$239,776
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Beautiful cape style home graced by a single owner! Nestled on a quiet side street in Sixteen Acres and  just a short walk from Western New England University. This 4 bedroom cape offers a large living room featuring a fireplace and custom built-ins, dining room, eat in kitchen and TWO first floor bedrooms. Enjoy a coffee in the enclosed breezeway, set between the garage and house. Newer roof, newer siding and impeccably maintained, this home needs nothing but a few updates and a new family to love it!
Unit Size
1,596 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$94
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1950

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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 #72164086)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
May 14, 2017 Listed by Coldwell Banker Residential Brokerage - Chicopee $150,000
Listed by Coldwell Banker Residential Brokerage - Chicopee

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,998
  • Total Building Area: 1,596
  • Gross Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 80900055
  • Parcel: SPRI S:08090 P:0055
  • Municipality: SPRINGFIELD
  • Latitude: 42.1162
  • Longitude: -72.5033

    Address

  • Full Address: 31 Macomber Ave
  • Address - House Number: 31
  • Address - Street Name: Macomber
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2722
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,400

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 287,088
  • High Value: 349,260
  • Low Value: 224,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,600
  • Assessed Land Value: $50,800
  • Assessed Improvements Value: $158,800

    Sales

  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43646
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72164086

Frequently Asked Questions

When was property at 31 Macomber Avenue built and last sold?
The property at 31 Macomber Avenue was built in 1950 and last sold on Jan 1, 1970 for $155,000.
How much is this home worth?
The estimated value of the home located at 31 Macomber Avenue is $166,016.
What are some comparable homes to 31 Macomber Avenue?
There are currently no comparable homes to 31 Macomber Avenue.
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