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Springfield 01129 Sixteen Acres
48 Clydesdale Ln
$195,000
● House - Off Market

48 Clydesdale Ln

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$294,049
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Perfect location in 16 Acres for this well kept ranch! Three bedrooms on the first floor and two additional rooms in the basement. First floor has been extended into what was the garage for the perfect family room or dining room. Hardwood floors throughout most of the house. Sun porch in the back is the perfect place to look over the large, flat yard. Irrigation system, Central air and gas heat are bonuses!
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$190
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #72722203)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Sep 8, 2020 Listed by Executive Real Estate, Inc. $219,900
Listed by Executive Real Estate, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,255
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 29450009
  • Parcel: SPRI S:02945 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.123
  • Longitude: -72.4913

    Address

  • Full Address: 48 Clydesdale Ln
  • Address - House Number: 48
  • Address - Street Name: Clydesdale
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 1402
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $397,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 284,012
  • High Value: 335,119
  • Low Value: 232,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,900
  • Assessed Land Value: $57,300
  • Assessed Improvements Value: $175,600

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 63891
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

50

Average Home Size

1240 ft²

Average Home Age

53.6 years

Currently For Sale

19 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72722203

Frequently Asked Questions

When was property at 48 Clydesdale Lane built and last sold?
The property at 48 Clydesdale Lane was built in 1958 and last sold on Oct 28, 2020 for $195,000.
How much is this home worth?
The estimated value of the home located at 48 Clydesdale Lane is $0.
What are some comparable homes to 48 Clydesdale Lane?
There are currently no comparable homes to 48 Clydesdale Lane.
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