59 Castlegate Dr #B
About This Property
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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%.
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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.
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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.
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 | |||
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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!
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| Nov 14, 2024 | No longer available | - | |
| No longer available | |||
| Sep 9, 2024 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017