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Springfield 01128 Sixteen Acres
503 Cooley St
Photo of 503 Cooley St
Sold on Aug 22, 2005

1

Map

$240,000
● House - Off Market

503 Cooley St

Springfield, MA 01128
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,338 Ft²
$454,259
RealtyHop Estimate
74.92%
Since Sep 1, 2005
National-US
Primary Model

About This Property

16 Acres, House is deceiving from the outside. Large spacious rooms w/walkout basement to in-ground pool. Formal living room w/fireplace. 3 bedrooms on first level, one in the basement. Large driveway parks 6-8 cars. Beautifuly landscaped, fenced-in yard.
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$194
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1958

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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 #70199211)

Price History

Date / Event Date Event Price
Aug 22, 2005 Sold
Premium
Sold
May 27, 2005 Listed $259,700
Listed
May 23, 2003 Sold
Premium
Sold
Oct 1, 2002 Listed $203,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,529
  • Total Building Area: 2,138
  • Gross Building Area: 2,138
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • 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: 31700181
  • Parcel: SPRI S:03170 P:0181
  • Municipality: SPRINGFIELD
  • Latitude: 42.09
  • Longitude: -72.5004

    Address

  • Full Address: 503 Cooley St
  • Address - House Number: 503
  • Address - Street Name: Cooley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1146
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,600

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 329,469
  • High Value: 394,045
  • Low Value: 264,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,900
  • Assessed Land Value: $57,400
  • Assessed Improvements Value: $153,500

    Sales

  • Current Sale Recording Date: Aug 22, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 152623
  • Previous Sale Recording Date: May 23, 2003
  • Previous Sale Amount: $180,000
  • 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:

$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 months ago
Data Source: MLS PIN, MLS# 70199211

Frequently Asked Questions

When was property at 503 Cooley Street built and last sold?
The property at 503 Cooley Street was built in 1958 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 503 Cooley Street is $261,773.
What are some comparable homes to 503 Cooley Street?
There are currently no comparable homes to 503 Cooley Street.
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