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Springfield 01118 Sixteen Acres
6 Cluster Cir
$195,000
● House - Off Market

6 Cluster Cir

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$311,886
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Move in ready Cape on a quiet cul de sac built in 1987. This spacious home (1428 sqft) offers 3 bedrooms , 2 full bathrooms, & a formal dining room. Ceramic tile floor in kitchen and 1 bathroom. Cherry hardwood flooring in Living room, dining room, hallways, closets, & bedrooms.  New forced air furnace installed in 2016 & gas water heater installed in 2015. Central Air & Attached 1 car garage. Large yard with a back deck and patio.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72386374)

Price History

Date / Event Date Event Price
Dec 7, 2018 Sold
Premium
Sold
Aug 30, 2018 Listed by Elite Realty Services, LLC $204,999
Listed by Elite Realty Services, LLC
Aug 1, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 7,858
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 29350001
  • Parcel: SPRI S:02935 P:0001
  • Municipality: SPRINGFIELD
  • Latitude: 42.0915
  • Longitude: -72.5025

    Address

  • Full Address: 6 Cluster Cir
  • Address - House Number: 6
  • Address - Street Name: Cluster
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2600
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,700

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 312,397
  • High Value: 374,360
  • Low Value: 250,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,400
  • Assessed Land Value: $54,300
  • Assessed Improvements Value: $207,100

    Sales

  • Current Sale Contract Date: Dec 05, 2018
  • Current Sale Recording Date: Dec 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73119
  • Previous Sale Recording Date: Aug 01, 1988
  • Previous Sale Amount: $145,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72386374

Frequently Asked Questions

When was property at 6 Cluster Circle built and last sold?
The property at 6 Cluster Circle was built in 1987 and last sold on Dec 5, 2018 for $195,000.
How much is this home worth?
The estimated value of the home located at 6 Cluster Circle is $215,623.
What are some comparable homes to 6 Cluster Circle?
There are currently no comparable homes to 6 Cluster Circle.
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