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Springfield 01129 Sixteen Acres
42 Druid Hill Rd
$159,900
● House - Off Market

42 Druid Hill Rd

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,495 Ft²
$280,249
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Pristine 6 Room Ranch on a dead end street, in desirable 16 Acres location. Interior boasts many updates, including kitchen, bathroom, fresh paint throughout and lots more. Neat, clean and ready to move in. Newer  Roof (2011: apo),  Open style floor plan between Dining Room and Kitchen. The Kitchen is beautiful and comes complete with appliances.  Spacious Living Room boasts hardwood floors, and fireplace. The Master Bedroom has a Master Bath, hardwood floors and 2 large closets. The other two bedrooms have large closets and hardwood floors.  1 car garage, attached, with garage door opener and interior access.
Unit Size
1,495 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$106
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1957

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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 #71869776)

Price History

Date / Event Date Event Price
Aug 13, 2015 Sold
Premium
Sold
Jul 8, 2015 Listed by RR & Company Realty, LLC $157,900
Listed by RR & Company Realty, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 11,469
  • Total Building Area: 1,495
  • Gross Building Area: 1,495
  • Building Area: 1,495
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,495
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000263
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 41020029
  • Parcel: SPRI S:04102 P:0029
  • Municipality: SPRINGFIELD
  • Latitude: 42.1053
  • Longitude: -72.4875

    Address

  • Full Address: 42 Druid Hill Rd
  • Address - House Number: 42
  • Address - Street Name: Druid Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2107
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 313,353
  • High Value: 369,739
  • Low Value: 256,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,700
  • Assessed Land Value: $57,900
  • Assessed Improvements Value: $181,800

    Sales

  • Current Sale Recording Date: Aug 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 44175
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 71869776

Frequently Asked Questions

When was property at 42 Druid Hill Road built and last sold?
The property at 42 Druid Hill Road was built in 1957 and last sold on Jan 1, 1970 for $159,900.
How much is this home worth?
The estimated value of the home located at 42 Druid Hill Road is $171,984.
What are some comparable homes to 42 Druid Hill Road?
There are currently no comparable homes to 42 Druid Hill Road.
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