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Springfield 01118 Sixteen Acres
311 Holcomb Rd
$253,000
● House - Off Market

311 Holcomb Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$1,598
Est. Monthly

About This Property

Welcome to this Lovely Ranch in sought after location~convenient ~ near all amenities ,schools, shopping , yet in a well-established  residential neighborhood. This home has a spacious layout with a large  breezeway to sit and enjoy a coffee  and  Oversized 2 car attached garage for your convenience and your  vehicles. . Enjoy a  Lovely kitchen with lots of cabinetry and  appliances . A grand  living room with hardwood flooring and dining area-is warm and inviting.   Continue to  3 generous bedrooms with hardwood flooring  and full updated bath .  Efficient gas heating and Central air.  Amazing unfinished  space in lower level, freshly painted and ready for  your future living plans and storage .Fenced -in yard for your outdoor entertainment and picnics~ Bonus: included is  a Generac whole house GENERATOR
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1953

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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 #73177344)

Price History

Date / Event Date Event Price
Dec 20, 2023 Sold
Premium
Sold
Nov 21, 2023 In contract -
In contract
Nov 8, 2023 Listed by Coldwell Banker Realty - Western MA $259,000
Listed by Coldwell Banker Realty - Western MA
Mar 28, 1985 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • 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: 0
  • 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: 10,001
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 66800063
  • Parcel: SPRI S:06680 P:0063
  • Municipality: SPRINGFIELD
  • Latitude: 42.0914
  • Longitude: -72.5086

    Address

  • Full Address: 311 Holcomb Rd
  • Address - House Number: 311
  • Address - Street Name: Holcomb
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2615
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $390,400

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 265,540
  • High Value: 288,634
  • Low Value: 242,447

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,000
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $174,000

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60430
  • Previous Sale Recording Date: Mar 28, 1985
  • Previous Sale Amount: $67,200
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73177344

Frequently Asked Questions

When was property at 311 Holcomb Road built and last sold?
The property at 311 Holcomb Road was built in 1953 and last sold on Dec 19, 2023 for $253,000.
How much is this home worth?
The estimated value of the home located at 311 Holcomb Road is $264,161.
What are some comparable homes to 311 Holcomb Road?
There are currently no comparable homes to 311 Holcomb Road.
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