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Springfield 01129 Sixteen Acres
40 Marmon Ct
Photo of 40 Marmon Ct
Sold on Jan 29, 2007

1

Map

$171,000
● House - Off Market

40 Marmon Ct

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$289,269
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

Ready for immediate occupancy, this 1988 built cape has all the features of a new home, brand new 30 year roof,vinyl siding and thermo windows, additional 240 square feet in basement, gas heat and gas hot water, awsome deck off kitchen. great location at the end of a cul-de-sac with a fenced in back yard, This home is located in 16 acres on a quiet street, all homes on this street were built in the same era, no money down programs availible
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$126
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1989

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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: 5 months ago (MLSPIN #70491375)

Price History

Date / Event Date Event Price
Jan 30, 2007 Sold
Premium
Sold
Nov 18, 2006 Listed $169,900
Listed
May 10, 2002 Sold
Premium
Sold
Feb 5, 2002 Listed $122,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,605
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000221
  • 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: 82850020
  • Parcel: SPRI S:08285 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1329
  • Longitude: -72.4917

    Address

  • Full Address: 40 Marmon Ct
  • Address - House Number: 40
  • Address - Street Name: Marmon
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1335
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $459,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 298,466
  • High Value: 358,168
  • Low Value: 238,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,500
  • Assessed Land Value: $54,900
  • Assessed Improvements Value: $214,600

    Sales

  • Current Sale Recording Date: Jan 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 10, 2002
  • Previous Sale Amount: $122,000
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1400 ft²

Average Home Age

53 years

Currently For Sale

27 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70491375

Frequently Asked Questions

When was property at 40 Marmon Court built and last sold?
The property at 40 Marmon Court was built in 1989 and last sold on Jan 1, 1970 for $171,000.
How much is this home worth?
The estimated value of the home located at 40 Marmon Court is $179,141.
What are some comparable homes to 40 Marmon Court?
There are currently no comparable homes to 40 Marmon Court.
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