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Springfield 01119 Sixteen Acres
50 Ashland Ave
$350,000
● House - Off Market

50 Ashland Ave

Springfield, MA 01119
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$404,172
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This Is The One!!!! Best Looking House For Sale In Sixteen Acres!!! This Single Family Home Has Been Remodeled From Foundation Up, New Electrical Panel, New Plumbing, New Heating, New Water Heater, New Windows, New Roof Including Plywood, New Flooring, New Kitchen, New Luxury Bathrooms, Practically New Everything!!! 2 Car Garage, Huge Backyard, Perfect For Entertaining, And In The Perfect Location!!! Nothing To Do But Move In!!! Come See This Before It's Too Late!!!
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$226
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1949

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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: 5 years ago (MLSPIN #72859358)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Jul 2, 2021 Listed by HRA Realty, LLC $349,700
Listed by HRA Realty, LLC
Dec 23, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 14,214
  • Total Building Area: 1,461
  • Gross Building Area: 1,461
  • Building Area: 1,461
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,461
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000326
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 7000011
  • Parcel: SPRI S:00700 P:0011
  • Municipality: SPRINGFIELD
  • Latitude: 42.1161
  • Longitude: -72.5112

    Address

  • Full Address: 50 Ashland Ave
  • Address - House Number: 50
  • Address - Street Name: Ashland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2702
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561,300
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 369,272
  • High Value: 441,524
  • Low Value: 297,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,200
  • Assessed Land Value: $51,400
  • Assessed Improvements Value: $277,800

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50825
  • Previous Sale Recording Date: Dec 23, 2019
  • Previous Sale Contract Date: Aug 05, 2019
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: 34
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

1334 ft²

Average Home Age

53.5 years

Currently For Sale

26 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: 5 years ago
Data Source: MLS PIN, MLS# 72859358

Frequently Asked Questions

When was property at 50 Ashland Avenue built and last sold?
The property at 50 Ashland Avenue was built in 1949 and last sold on Jul 21, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 50 Ashland Avenue is $354,287.
What are some comparable homes to 50 Ashland Avenue?
There are currently no comparable homes to 50 Ashland Avenue.
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