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Springfield 01119 Sixteen Acres
41 Capitol Rd
$189,900
● House - Off Market

41 Capitol Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,272 Ft²
$297,105
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Wonderful ranch style home offering many updates. 3 bedrooms with hardwood floors, remodeled kitchen with eat-in area, spacious living room with fireplace and custom built-ins, full bath, dining room addition with tile floor.  Large backyard is fully fenced in.  Newer Gas forced air heat, central AC, brand new electrical panel, 2 car garage located on a dead end street. This one wont last!
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$149
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1956

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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 #72257553)

Price History

Date / Event Date Event Price
Feb 13, 2018 Sold
Premium
Sold
Nov 20, 2017 Listed by Coldwell Banker Residential Brokerage - Longmeadow $189,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Jun 15, 2007 Sold
Premium
Sold
Apr 11, 2007 Listed by Coldwell Banker Residential Brokerage - Longmeadow $182,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • 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: 13,974
  • Total Building Area: 1,422
  • Gross Building Area: 1,422
  • Building Area: 1,422
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 23450020
  • Parcel: SPRI S:02345 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1092
  • Longitude: -72.5168

    Address

  • Full Address: 41 Capitol Rd
  • Address - House Number: 41
  • Address - Street Name: Capitol
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2809
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $494,800

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 320,461
  • High Value: 384,906
  • Low Value: 256,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,200
  • Assessed Land Value: $51,300
  • Assessed Improvements Value: $238,900

    Sales

  • Current Sale Recording Date: Feb 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7983
  • Previous Sale Recording Date: Jun 15, 2007
  • Previous Sale Amount: $171,000
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72257553

Frequently Asked Questions

When was property at 41 Capitol Road built and last sold?
The property at 41 Capitol Road was built in 1956 and last sold on Jan 1, 1970 for $189,900.
How much is this home worth?
The estimated value of the home located at 41 Capitol Road is $201,486.
What are some comparable homes to 41 Capitol Road?
There are currently no comparable homes to 41 Capitol Road.
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