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Springfield 01128 Sixteen Acres
331 Grand Valley Rd
Photo of 331 Grand Valley Rd
Sold on Jan 15, 2026

37

Map

Photo of 331 Grand Valley Rd
Photo of 331 Grand Valley Rd
$310,000
● House - Off Market

331 Grand Valley Rd

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$1,724
Est. Monthly

About This Property

**OFFER DEADLINE WED 11/25 AT 5PM** Location, Location, Location! This three-bedroom one bath ranch is situated on just shy of a half-acre of land abutting Tamarack Bog Conservation Land. The beautiful, private back yard includes a gazebo and is completely fenced in. A detached one car garage is large enough to store your equipment and fit a car. Inside you will find an eat in kitchen with pantry and a box window overlooking private backyard. The living room and bedrooms all have original hardwood flooring. The bright bathroom was updated in 2018. The large, clean basement leaves plenty of room to complete for more living area. This will not last!
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$275
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1978

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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: 9 months ago (MLSPIN #73456779)

Price History

Date / Event Date Event Price
Jan 15, 2026 Sold
Premium
Sold
Nov 28, 2025 In contract -
In contract
Nov 20, 2025 Listed by Canon Real Estate, Inc. $289,900
Listed by Canon Real Estate, Inc.
May 25, 1999 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,379
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000491
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 59200058
  • Parcel: SPRI S:05920 P:0058
  • Municipality: SPRINGFIELD
  • Latitude: 42.0952
  • Longitude: -72.4824

    Address

  • Full Address: 331 Grand Valley Rd
  • Address - House Number: 331
  • Address - Street Name: Grand Valley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1324
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $341,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 270,615
  • High Value: 319,312
  • Low Value: 221,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,400
  • Assessed Land Value: $62,400
  • Assessed Improvements Value: $138,000

    Sales

  • Current Sale Recording Date: May 25, 1999
  • Current Sale Price:
    Premium
  • Current 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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: 9 months ago
Data Source: MLS PIN, MLS# 73456779

Frequently Asked Questions

When was property at 331 Grand Valley Road built and last sold?
The property at 331 Grand Valley Road was built in 1978 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 331 Grand Valley Road is $293,626.
What are some comparable homes to 331 Grand Valley Road?
There are currently no comparable homes to 331 Grand Valley Road.
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