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Springfield 01118 Sixteen Acres
34 Winding Lane
$175,000
● House - Off Market

34 Winding Lane

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,406 Ft²
$328,820
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model

About This Property

Location, Location, Location. Quiet dead end street in desirable Sixteen Acres neighborhood. All improvements have been done, newer roof, insulated windows and doors. Low maintenance vinyl siding (APO). Wood deck and storage shed in the huge back yard (1/2 Acre total). Modern gas heating system, Central air, newer Garage door(APO). 437 SF of extra living space with extra bedroom in finished basement. Fireplace with wood burning insert in the living room. Remodeled kitchen features  newer cabinets, quartz counters and Stainless Steel appliances. Just move in and enjoy the quiet of country living in the heart of the city.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$128
Property Type
House
Property Taxes
$285
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 #71785656)

Price History

Date / Event Date Event Price
Mar 31, 2015 Sold
Premium
Sold
Jan 16, 2015 Listed by Teamwork Realty Group, LLC $179,900
Listed by Teamwork Realty Group, LLC
Dec 23, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

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: 21,702
  • Total Building Area: 1,242
  • Gross Building Area: 1,242
  • Building Area: 1,242
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,242
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000498
  • 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: 123650008
  • Parcel: SPRI S:12365 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.0995
  • Longitude: -72.5149

    Address

  • Full Address: 34 Winding Ln
  • Address - House Number: 34
  • Address - Street Name: Winding
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1958
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,000

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 307,840
  • High Value: 368,900
  • Low Value: 246,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,900
  • Assessed Land Value: $62,600
  • Assessed Improvements Value: $194,300

    Sales

  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15112
  • Previous Sale Recording Date: Dec 23, 1993
  • Previous Sale Amount: $40,000
  • 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

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# 71785656

Frequently Asked Questions

When was property at 34 Winding Lane built and last sold?
The property at 34 Winding Lane was built in 1953 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 34 Winding Lane is $193,083.
What are some comparable homes to 34 Winding Lane?
There are currently no comparable homes to 34 Winding Lane.
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