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Springfield 01118 Sixteen Acres
32 Redstone Drive
Photo of 32 Redstone Drive
Sold on May 17, 2007

1

Map

$192,000
● House - Off Market

32 Redstone Drive

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,420 Ft²
$367,075
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Surrounded by prof landscaping/seasonal gardens, this 3 bdrm Cape nests upon a hill on a crnr lot in great neighborhood. Slider leads to secluded bkyd & lg patio w/ cath clngs, 4 ssn porch w/ gas fplce. This meticulous, move-in cond home has: Entire stone wall liv rm fplce; beautiful carpeting thruout with din rm hdwd floors. Ceramic tiled modern kitch w/ bkfst nook; fnshd fam rm in bsmt. Lg mbr w/ sm sitting rm leading to full w/u attic. Much more.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$151
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1948

Payment Calculator

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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 #70535142)

Price History

Date / Event Date Event Price
Jul 3, 2007 Sold
Premium
Sold
May 17, 2007 Sold
Premium
Sold
Mar 2, 2007 Listed $214,500
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 8,276
  • Total Building Area: 1,228
  • Gross Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,228
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: 101250005
  • Parcel: SPRI S:10125 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.0977
  • Longitude: -72.5166

    Address

  • Full Address: 32 Redstone Dr
  • Address - House Number: 32
  • Address - Street Name: Redstone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1860
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,200

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 336,014
  • High Value: 398,113
  • Low Value: 273,915

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,300
  • Assessed Land Value: $56,600
  • Assessed Improvements Value: $212,700

    Sales

  • Current Sale Recording Date: Jul 03, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 143125
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# 70535142

Frequently Asked Questions

When was property at 32 Redstone Drive built and last sold?
The property at 32 Redstone Drive was built in 1948 and last sold on Jan 1, 1970 for $214,000.
How much is this home worth?
The estimated value of the home located at 32 Redstone Drive is $225,126.
What are some comparable homes to 32 Redstone Drive?
There are currently no comparable homes to 32 Redstone Drive.
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