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Springfield 01129 Sixteen Acres
47 Spikenard Cir
$215,000
● House - Off Market

47 Spikenard Cir

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,050 Ft²
$298,439
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

This Is The One!!! Beautiful Ranch Style Home In Sixteen Acres Area, Fully Renovated With New Kitchen Featuring Granite Countertops And Stainless Steel Appliances, Renovated Bathroom, Beautifully Refinished Hardwood Floors, 1 Car Attached Garage,House Sits On a Quarter Acre Of Land and Has Huge Fenced In Yard Perfect For Entertaining, Low Maintenance Electric Heat And Hot Water Heater, Basement Has Tall Ceilings Which Makes it Easy To Expand And For a Future Finished Basement, The Possibilities Are Endless. Schedule Your Showing Before It's Too Late!
Unit Size
1,050 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$200
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1971

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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: 6 months ago (MLSPIN #72615089)

Price History

Date / Event Date Event Price
Apr 23, 2020 Sold
Premium
Sold
Feb 3, 2020 Listed by Gallagher Real Estate $209,888
Listed by Gallagher Real Estate
Jan 6, 2020 Sold
Premium
Sold
Aug 30, 2005 Sold
Premium
Sold
May 11, 2005 Listed by Olde New England Realty $169,900
Listed by Olde New England Realty
Cute & Cozy Ranch with Picket Fence, one car garage, nice fenced in backyard with above ground pool. Seller will give Buyer credit to have a back door & stairs installed. Attractive decor. House located near Wilbraham Town Line and Sabis School.
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • 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: 10,920
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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: 110360112
  • Parcel: SPRI S:11036 P:0112
  • Municipality: SPRINGFIELD
  • Latitude: 42.1253
  • Longitude: -72.4813

    Address

  • Full Address: 47 Spikenard Cir
  • Address - House Number: 47
  • Address - Street Name: Spikenard
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1517
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,500

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 281,074
  • High Value: 341,594
  • Low Value: 220,554

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,400
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $183,000

    Sales

  • Current Sale Contract Date: Apr 21, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20478
  • Previous Sale Recording Date: Jan 06, 2020
  • Previous Sale Contract Date: Dec 31, 2019
  • Previous Sale Amount: $150,675
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1338 ft²

Average Home Age

50.8 years

Currently For Sale

29 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: 6 months ago
Data Source: MLS PIN, MLS# 72615089

Frequently Asked Questions

When was property at 47 Spikenard Circle built and last sold?
The property at 47 Spikenard Circle was built in 1971 and last sold on Apr 21, 2020 for $215,000.
How much is this home worth?
The estimated value of the home located at 47 Spikenard Circle is $215,974.
What are some comparable homes to 47 Spikenard Circle?
There are currently no comparable homes to 47 Spikenard Circle.
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