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Springfield 01119 Sixteen Acres
33 Sherwood Rd
$260,000
● House - Off Market

33 Sherwood Rd

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$1,641
Est. Monthly

About This Property

Vinyl sided colonial with attached one car garage.  4 bedrooms and one full bath upstairs and a half bath downstairs.  Fireplace and cedar closet in living room.  Wood floors throughout except kitchen and bathrooms.  Enclosed screened porch off living room and balcony above with access from master bedroom.  Full walk-up attic also accesses from master with many possibilities.  Kitchen appliances to remain. Deck off kitchen.  Updated electrical panel.  Property going in 'AS IS CONDITION' and may not qualify for VA or FHA.  Seller has not lived in house.  Houses needs work and updating but bones are good and with the right help... could be a real beauty.  Come put on your own touches and make this house YOUR home.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$186
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1940

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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 #73282228)

Price History

Date / Event Date Event Price
Nov 15, 2024 Sold
Premium
Sold
Oct 3, 2024 In contract -
In contract
Sep 24, 2024 Price Decreased $260,000
↓ $23K (8.1%)
Price Decreased
Sep 15, 2024 Price Increased $283,000
↑ $23K (8.9%)
Price Increased
Aug 27, 2024 Listed by Brochu Real Estate $260,000
Listed by Brochu Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 6,564
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 108150067
  • Parcel: SPRI S:10815 P:0067
  • Municipality: SPRINGFIELD
  • Latitude: 42.1136
  • Longitude: -72.5046

    Address

  • Full Address: 33 Sherwood Rd
  • Address - House Number: 33
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2946
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $431,500

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 305,090
  • High Value: 359,990
  • Low Value: 250,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,100
  • Assessed Land Value: $48,700
  • Assessed Improvements Value: $204,400
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

52

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73282228

Frequently Asked Questions

When was property at 33 Sherwood Road built and last sold?
The property at 33 Sherwood Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 33 Sherwood Road is $265,910.
What are some comparable homes to 33 Sherwood Road?
There are currently no comparable homes to 33 Sherwood Road.
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