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Springfield 01118 Sixteen Acres
42 Kerry Dr
$445,000
● House - Off Market

42 Kerry Dr

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$453,702
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Amazing opportunity to buy a brand new (built in 2021) open floor concept Colonial has all the bells and whistles. Huge kitchen with island, granite counter tops, stainless steel appliances, and dining area with slider out to back deck to a fully fenced backyard. High Ceilings throughout the living room area with beautiful well kept hardwood floors and recessed lighting. Private Master en-suite has large walk - in closet, tub/shower and granite top dual vanity. Three additional bedrooms, three full bathrooms, laundry room and the finished basement make this a must see property.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$190
Property Type
House
Property Taxes
$569
HOA Dues
-
Year Built
2020

Payment Calculator

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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 #73111468)

Price History

Date / Event Date Event Price
Jul 14, 2023 Sold
Premium
Sold
Jun 8, 2023 In contract -
In contract
May 14, 2023 Listed by The LGCY Group LLC $454,943
Listed by The LGCY Group LLC
Mar 30, 2021 Sold
Premium
Sold
Feb 16, 2021 Listed by The LGCY Group LLC $405,000
Listed by The LGCY Group LLC
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Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 13,499
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MASSACONNET SHORES
  • Land Acres: 0000000310
  • 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: 72650010
  • Parcel: SPRI S:07265 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.0903
  • Longitude: -72.5087

    Address

  • Full Address: 42 Kerry Dr
  • Address - House Number: 42
  • Address - Street Name: Kerry
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2618
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $683,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 73
  • Final Value: 427,604
  • High Value: 513,366
  • Low Value: 341,843

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,700
  • Assessed Land Value: $56,500
  • Assessed Improvements Value: $344,200

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32318
  • Previous Sale Recording Date: Mar 30, 2021
  • Previous Sale Contract Date: Mar 30, 2021
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: O
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73111468

Frequently Asked Questions

When was property at 42 Kerry Drive built and last sold?
The property at 42 Kerry Drive was built in 2020 and last sold on Jul 14, 2023 for $445,000.
How much is this home worth?
The estimated value of the home located at 42 Kerry Drive is $463,156.
What are some comparable homes to 42 Kerry Drive?
There are currently no comparable homes to 42 Kerry Drive.
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