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Springfield 01128 Sixteen Acres
5 Fair Oak Road
$166,000
● House - Off Market

5 Fair Oak Road

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,112 Ft²
$323,359
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

This 3 bdrm ranch is loaded with updates and includes a spacious kitchen with granite counters, glass tile backsplash & ceramic tile floors.  The large living room has a fireplace with new picture window.  Gleaming wood floors in living room & all bedrooms.  Sliders open to new deck with bench seating & fenced yard.  Spacious family room in lower level.  Additional updates include:  New roof, new garage door with opener & new hot water heater. Make your appointment, this one won't last!
Unit Size
1,112 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$149
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71537174)

Price History

Date / Event Date Event Price
Jul 31, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Keller Williams Realty $165,900
Listed by Keller Williams Realty
Aug 19, 2009 Sold
Premium
Sold
Jul 6, 2009 Listed by Keller Williams Realty $172,900
Listed by Keller Williams Realty
Jul 1, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 10,938
  • Total Building Area: 1,112
  • Gross Building Area: 1,112
  • Building Area: 1,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,112
  • Heating Fuel Type: 3

    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: 801605

Zoning

  • Zoning: R6

Geography

  • Account Number: 48800136
  • Parcel: SPRI S:04880 P:0136
  • Municipality: SPRINGFIELD
  • Latitude: 42.1004
  • Longitude: -72.495

    Address

  • Full Address: 5 Fair Oak Rd
  • Address - House Number: 5
  • Address - Street Name: Fair Oak
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1123
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 297,828
  • High Value: 357,362
  • Low Value: 238,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,800
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $178,200

    Sales

  • Current Sale Recording Date: Jul 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: Aug 19, 2009
  • Previous Sale Amount: $165,000
  • 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:

$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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71537174

Frequently Asked Questions

When was property at 5 Fair Oak Road built and last sold?
The property at 5 Fair Oak Road was built in 1955 and last sold on Jan 1, 1970 for $166,000.
How much is this home worth?
The estimated value of the home located at 5 Fair Oak Road is $174,270.
What are some comparable homes to 5 Fair Oak Road?
There are currently no comparable homes to 5 Fair Oak Road.
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