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Springfield 01129 Sixteen Acres
57 Mohawk Drive
$140,000
● House - Off Market

57 Mohawk Drive

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
942 Ft²
$233,116
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

Opportunity knocks!!!!!!!!!! Looking for a charming 3 bedroom  ranch with a two car garage on a nice street in 16 Acres? Bring your ideas...so much potential...large breezeway with stone fireplace is awaiting  your cosmetic touch...could be a great family room. Roof is only 5 years old, newer furnace (2000) hot water tank (2009), good sized living room with hardwood floors and built ins....nice flat backyard with many flowering shrubs, separate garden area and flagstone patio. Offered at $149,000.
Unit Size
942 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$158
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1951

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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 #72127572)

Price History

Date / Event Date Event Price
Feb 8, 2018 Sold
Premium
Sold
Mar 7, 2017 Listed by Real Living Realty Professionals, LLC $149,000
Listed by Real Living Realty Professionals, LLC

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 10,999
  • Total Building Area: 942
  • Gross Building Area: 942
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 942
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: 87300025
  • Parcel: SPRI S:08730 P:0025
  • Municipality: SPRINGFIELD
  • Latitude: 42.1075
  • Longitude: -72.4956

    Address

  • Full Address: 57 Mohawk Dr
  • Address - House Number: 57
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 2041
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $309,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 250,467
  • High Value: 304,397
  • Low Value: 196,537

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,300
  • Assessed Land Value: $57,700
  • Assessed Improvements Value: $123,600

    Sales

  • Current Sale Recording Date: Feb 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 7145
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

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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# 72127572

Frequently Asked Questions

When was property at 57 Mohawk Drive built and last sold?
The property at 57 Mohawk Drive was built in 1951 and last sold on Jan 1, 1970 for $140,000.
How much is this home worth?
The estimated value of the home located at 57 Mohawk Drive is $156,274.
What are some comparable homes to 57 Mohawk Drive?
There are currently no comparable homes to 57 Mohawk Drive.
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