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Springfield 01128 Sixteen Acres
59 Bamforth Road
$180,000
● House - Off Market

59 Bamforth Road

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
988 Ft²
$285,609
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

WELCOME to this lovely, updated property close to all area amenities! This three-bedroom home on a corner lot has been lovingly maintained by its current owner.  Nice-sized remodeled kitchen and dining area, with access to the rear patio.  This semi-open concept living space has hardwood flooring in the living room, and all bedrooms.  The lower level offers a comfortable family room, storage room, and laundry/storage area.  The gorgeous perennial gardens will delight you as you relax in the partially-fenced yard during summer months.  There is a vinyl storage shed for all your outdoor tools.  Want a neighborhood with great walk-ability?  You found it!  Take a bike ride to the driving range at nearby Fenway Golf!
Unit Size
988 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$180
Property Type
House
Property Taxes
$227
HOA Dues
-
Year Built
1979

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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 #72162209)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
May 10, 2017 Listed by William Raveis R.E. & Home Services $177,900
Listed by William Raveis R.E. & Home Services
Jul 8, 1987 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,067
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 988
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 9150035
  • Parcel: SPRI S:00915 P:0035
  • Municipality: SPRINGFIELD
  • Latitude: 42.1031
  • Longitude: -72.4867

    Address

  • Full Address: 59 Bamforth Rd
  • Address - House Number: 59
  • Address - Street Name: Bamforth
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1016
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $381,200

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 285,378
  • High Value: 342,423
  • Low Value: 228,332

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,600
  • Assessed Land Value: $57,200
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Recording Date: Jun 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 36179
  • Previous Sale Recording Date: Jul 08, 1987
  • Previous Sale Amount: $87,900
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72162209

Frequently Asked Questions

When was property at 59 Bamforth Road built and last sold?
The property at 59 Bamforth Road was built in 1979 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 59 Bamforth Road is $184,380.
What are some comparable homes to 59 Bamforth Road?
There are currently no comparable homes to 59 Bamforth Road.
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