$225,000
●
Condo -
Off Market
59 Castlegate Dr #B
Springfield, MA 01129
2 Beds
2 Baths
1,643 Ft²
$202,217
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Welcome home to this upper level Ranch Style, corner unit filled
with natural light & "tree house" views! You will love the large
living room featuring a slider to private balcony & oversized bay
window, both overlooking protected wooded area frequented by a
variety of birds, deer, bunnies, etc. Enjoy a primary suite also
with slider to the private balcony, full bath & double closet. The
kitchen is bright & cheery with stainless steel & black appliances,
dining area, 2 pantry closets (1 with washer/dryer hook-up) &
access to the front entry way & private basement. The main living
level is completed with a second bedroom & second full bath. This
unit is a perfect blend of move-in ready with lots of fresh paint &
improvements, while leaving room for you to customize & build
equity. The private full basement is a perfect space for a future
finished room & currently makes for great storage & laundry area.
Ample parking, a convenient location to every area amenity & you
can bring a pet too!
Unit Size
1,643 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
Condo
Property Taxes
$233
HOA Dues
$243
Year Built
-
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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: 5 years ago (MLSPIN #72976948)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed | $235,000 | |
| Listed | |||
   | |||
|
Welcome to 59 Castlegate Dr. Unit B, a rarely available garden style condo in the desirable Eastfield Villages Complex of Springfield’s Beautiful Sixteen Acres neighborhood. This spacious 2-bedroom, 2-bath unit offers over 1,600 sq. ft. of well-maintained living space, including a private primary suite with balcony access and tranquil views of beautifully manicured grounds and adjacent wooded nature. The open layout is bright and functional, and the unit includes a large full basement with tall ceilings for ample storage or future finishing potential. Enjoy peace of mind in this pet-friendly community (2 pets under 50 lbs. allowed), tucked away in a quiet setting yet just minutes from shopping, highways, and all local conveniences. With in-unit laundry, and low-maintenance living, this home offers tremendous value. Don’t miss your chance to own in one of Springfield’s most peaceful and well-kept condo communities!
| |||
| Nov 14, 2024 | No longer available | - | |
| No longer available | |||
| Sep 9, 2024 | Withdrawn | - | |
| Withdrawn | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Off Street, Guest
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Wood Laminate
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: None
Lot Size Units: Acres
Zoning: R4
Parcel Number: S:02492 P:0225, 2577378
Water Source: Public
Financial Details
Tax Assessed Value: $148,600
Tax Annual Amount: $2,797
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, None
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $243
Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2025
|
2 Bed
|
2 Bath
|
1643 ft²
|
$235,000
2 Bed
2 Bath
1643 ft²
|
$240,700
+2.43%
06/13/2025
|
Moussa Hamadeh
Berkshire Hathaway HomeServices Realty Professionals
| |
|
08/13/2024
|
2 Bed
|
2 Bath
|
1643 ft²
|
$256,000
2 Bed
2 Bath
1643 ft²
|
-
-
|
Stacie Pride
Gallagher Real Estate
| |
|
10/03/2023
|
2 Bed
|
2 Bath
|
-
|
$255,000
2 Bed
2 Bath
|
-
-
|
Stacie Pride
Gallagher Real Estate
| |
|
05/05/2022
|
2 Bed
|
2 Bath
|
1643 ft²
|
$199,900
2 Bed
2 Bath
1643 ft²
|
$225,000
+12.56%
06/30/2022
|
Angela M. Accorsi
Coldwell Banker Realty - Longmeadow
| |
|
03/09/2009
|
2 Bed
|
2 Bath
|
1581 ft²
|
$149,900
2 Bed
2 Bath
1581 ft²
|
$143,000
-4.60%
05/22/2009
|
King Group
Coldwell Banker Realty - Western MA
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017