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Springfield 01128 Sixteen Acres
52 Aspen Rd
$212,000
● House - Off Market

52 Aspen Rd

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$287,015
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Welcome home to this attractive ranch in a much sought after Sixteen Acres neighborhood!  This three bedroom home offers an eat-in kitchen with stainless steel appliances and sliders out to a double tiered deck where you can relax in the hot tub after a long day!  This house has a large living room and three spacious bedrooms.  The partially finished basement offers the opportunity for added entertainment space!  Don't miss this one!
Unit Size
960 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$216
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1973

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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 months ago (MLSPIN #72651478)

Price History

Date / Event Date Event Price
Jul 29, 2020 Sold
Premium
Sold
May 5, 2020 Listed by Rovithis Realty, LLC $207,000
Listed by Rovithis Realty, LLC
Jul 30, 1999 Sold
Premium
Sold
May 11, 1999 Listed by Rovithis Realty, LLC $84,950
Listed by Rovithis Realty, LLC

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 5
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 7350016
  • Parcel: SPRI S:00735 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.0996
  • Longitude: -72.4855

    Address

  • Full Address: 52 Aspen Rd
  • Address - House Number: 52
  • Address - Street Name: Aspen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1010
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $381,600

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 296,914
  • High Value: 356,343
  • Low Value: 237,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,800
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $167,600

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40967
  • Previous Sale Recording Date: Jul 30, 1999
  • Previous Sale Amount: $80,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72651478

Frequently Asked Questions

When was property at 52 Aspen Road built and last sold?
The property at 52 Aspen Road was built in 1973 and last sold on Jul 17, 2020 for $212,000.
How much is this home worth?
The estimated value of the home located at 52 Aspen Road is $206,764.
What are some comparable homes to 52 Aspen Road?
There are currently no comparable homes to 52 Aspen Road.
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