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Springfield 01129 Sixteen Acres
34 Joan
$255,000
● House - Off Market

34 Joan

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,064 Ft²
$373,895
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

A sweet Dutch Gambrel Colonial style home located on the Wilbraham and Springfield line. In fact a sliver of the property is located in Wilbraham and backs up to a swath of conservation land.  This 3 bed, 2.5 bath home boasts of a partially finished basement with a pool table which will remain for the buyers enjoyment, a level yard.
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$124
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1966

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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 #72536993)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Aug 5, 2019 Sold
Premium
Sold
Jul 19, 2019 Listed by Keller Williams Realty $255,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 26,572
  • Total Building Area: 2,220
  • Gross Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,220
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 11956-C
  • Land Acres: 0000000610
  • 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: 813601

Zoning

  • Zoning: R1

Geography

  • Account Number: 71130001
  • Parcel: SPRI S:07113 P:0001
  • Municipality: SPRINGFIELD
  • Latitude: 42.123
  • Longitude: -72.478

    Address

  • Full Address: 34 Joan St
  • Address - House Number: 34
  • Address - Street Name: Joan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wilbraham
  • Zip Code: 01095

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $488,100

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 361,177
  • High Value: 392,727
  • Low Value: 329,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,300
  • Assessed Land Value: $62,300
  • Assessed Improvements Value: $224,000

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 228678
  • Previous Sale Recording Date: Aug 05, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: O
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72536993

Frequently Asked Questions

When was property at 34 Joan Street built and last sold?
The property at 34 Joan Street was built in 1966 and last sold on Dec 6, 2021 for $337,000.
How much is this home worth?
The estimated value of the home located at 34 Joan Street is $275,040.
What are some comparable homes to 34 Joan Street?
There are currently no comparable homes to 34 Joan Street.
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