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Springfield 01129 Sixteen Acres
51 Portulaca Dr.
$78,000
● House - Off Market

51 Portulaca Dr.

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,152 Ft²
$285,809
RealtyHop Estimate
257.71%
Since Dec 1, 1997
National-US
Primary Model

About This Property

STEP INTO THIS OVERSIZE 6 ROOM RANCH. NEWER RESHINGLED ROOF SIDING AND SOME NEWER WINDOWS. (APO). HARDWOOD FLOORS IN LR DR AND BEDRMS. 1 1/2 BATHS MAKE THIS HOME COMPLETE. FINISHED ROOM AND WORKSHOP IN BASEMENT. 1 CAR ATTACHED GARAGE.
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$69
Property Type
House
Property Taxes
$133
HOA Dues
-
Year Built
1972

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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 #30180712)

Price History

Date / Event Date Event Price
May 28, 2008 Sold
Premium
Sold
Apr 28, 2000 Sold
Premium
Sold
Oct 27, 1999 Listed $102,900
Listed
Nov 14, 1997 Sold
Premium
Sold
Aug 20, 1997 Listed $79,900
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 14,079
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LONGBROOK ESTATE COND
  • Land Acres: 0000000323
  • 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: 98620043
  • Parcel: SPRI S:09862 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.1213
  • Longitude: -72.4834

    Address

  • Full Address: 51 Portulaca Dr
  • Address - House Number: 51
  • Address - Street Name: Portulaca
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1721
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,700

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 270,468
  • High Value: 326,641
  • Low Value: 214,296

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,200
  • Assessed Land Value: $56,800
  • Assessed Improvements Value: $162,400

    Sales

  • Current Sale Recording Date: May 28, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 35246
  • Previous Sale Recording Date: Apr 28, 2000
  • Previous Sale Amount: $101,000
  • 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:

$320,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1193 ft²

Average Home Age

54.6 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30180712

Frequently Asked Questions

When was property at 51 Portulaca Drive built and last sold?
The property at 51 Portulaca Drive was built in 1972 and last sold on Jan 1, 1970 for $130,000.
How much is this home worth?
The estimated value of the home located at 51 Portulaca Drive is $0.
What are some comparable homes to 51 Portulaca Drive?
There are currently no comparable homes to 51 Portulaca Drive.
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