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Springfield 01129 Sixteen Acres
35 Marchioness Rd
$245,000
● House - Off Market

35 Marchioness Rd

Springfield, MA 01129
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$257,518
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Nestled in beautiful Sixteen Acres Springfield this lovely Cape home has just been renovated and is ready for its new owner. Situated on a dead end street directly in front of Mary E. Walsh Elementary School this home offers great space, local amenities, and privacy. This home features 4 bedrooms, fully renovated bathroom and an open concept kitchen and living room space perfect for entertaining. The expansive fully fenced yard offers a great leveled area for pets, family, and additional leisure. In addition to the 1 car garage you also have a tandem driveway that can park 2 additional vehicles as well as plenty of on street parking for visitors. If your looking for a turn key property this is definitely the one.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$198
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1946

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73043793)

Price History

Date / Event Date Event Price
Mar 21, 2023 Sold
Premium
Sold
Feb 14, 2023 In contract -
In contract
Dec 21, 2022 Relisted $254,900
Relisted
Dec 15, 2022 In contract -
In contract
Nov 30, 2022 Relisted $249,900
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • 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: 8,821
  • Total Building Area: 1,260
  • Gross Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 82400020
  • Parcel: SPRI S:08240 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1154
  • Longitude: -72.4923

    Address

  • Full Address: 35 Marchioness Rd
  • Address - House Number: 35
  • Address - Street Name: Marchioness
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1816
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 255,594
  • High Value: 308,610
  • Low Value: 202,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,100
  • Assessed Land Value: $54,600
  • Assessed Improvements Value: $116,500

    Sales

  • Current Sale Contract Date: Feb 01, 2023
  • Current Sale Recording Date: Mar 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12501
  • Previous Sale Recording Date: Sep 16, 2022
  • Previous Sale Contract Date: Jul 19, 2022
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
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: 4 months ago
Data Source: MLS PIN, MLS# 73043793

Frequently Asked Questions

When was property at 35 Marchioness Road built and last sold?
The property at 35 Marchioness Road was built in 1946 and last sold on Feb 1, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 35 Marchioness Road is $253,384.
What are some comparable homes to 35 Marchioness Road?
There are currently no comparable homes to 35 Marchioness Road.
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