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Springfield 01119 Sixteen Acres
54 Ferncliff Avenue
Photo of 54 Ferncliff Avenue
Sold on Nov 30, 2010

1

Map

$115,000
● House - Off Market

54 Ferncliff Avenue

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$276,141
RealtyHop Estimate
120.91%
Since Dec 1, 2010
National-US
Primary Model

About This Property

Don't miss out on home ownership! The mortgage rates are at historical lows and this home is priced to sell quickly!    This 3 bedroom ranch  is located close to center of Sixteen Acres and offers opportunity to own a single family home cheaper than renting.     Seller has priced this home with opportunity for buyer to make some decorating upgrades and save. Hardwood floors under carpet in living room and bedrooms. Covered patio for outside enjoyment. Roof about 5 years old APO.    Close to WNEC
Unit Size
912 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$137
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1955

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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: 2 years ago (MLSPIN #71127630)

Price History

Date / Event Date Event Price
Jun 16, 2014 Sold
Premium
Sold
Nov 30, 2010 Sold
Premium
Sold
Aug 24, 2010 Listed by Mellis & Company Real Estate $125,000
Listed by Mellis & Company Real Estate

Property Highlights

Parking Available
Air Conditioning

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: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 912
  • Gross Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FERNCLIFF MANOR
  • Land Acres: 0000000184
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 50800013
  • Parcel: SPRI S:05080 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1186
  • Longitude: -72.5031

    Address

  • Full Address: 54 Ferncliff Ave
  • Address - House Number: 54
  • Address - Street Name: Ferncliff
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2502
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $301,100

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 248,121
  • High Value: 301,854
  • Low Value: 194,387

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,600
  • Assessed Land Value: $49,100
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Recording Date: Jun 16, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27545
  • Previous Sale Recording Date: Nov 30, 2010
  • Previous Sale Amount: $115,000
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1378 ft²

Average Home Age

52.5 years

Currently For Sale

25 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: 2 years ago
Data Source: MLS PIN, MLS# 71127630

Frequently Asked Questions

When was property at 54 Ferncliff Avenue built and last sold?
The property at 54 Ferncliff Avenue was built in 1955 and last sold on Jan 1, 1970 for $127,000.
How much is this home worth?
The estimated value of the home located at 54 Ferncliff Avenue is $0.
What are some comparable homes to 54 Ferncliff Avenue?
There are currently no comparable homes to 54 Ferncliff Avenue.
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