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Springfield 01118 Sixteen Acres
6 Heather Ln
$177,000
● House - Off Market

6 Heather Ln

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,104 Ft²
$256,316
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Surprisingly large Ranch in Sixteen Acres section of Springfield. 3 bedroom/1.5 bathroom home has large rooms, a great layout and good flow. Beautiful refinished oak floors, newer gas boiler/hot water system (2014) and a roof that is in good condition make this solid house on a corner lot highly desirable.  Want to build sweat equity? Then roll up your sleeves and get to work. A little updating will make this home a real charmer. Gigantic full sized basement can either be finished or used for storage and  an extra room off the living room really gives the owner room to spread out. .
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$159
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1955

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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 #72551572)

Price History

Date / Event Date Event Price
Oct 8, 2019 Sold
Premium
Sold
Aug 19, 2019 Listed by Borawski Real Estate $175,000
Listed by Borawski Real Estate
Dec 13, 2001 Sold
Premium
Sold
Oct 26, 2001 Listed by Borawski Real Estate $134,900
Listed by Borawski Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,365
  • Total Building Area: 1,520
  • Gross Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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: 65020005
  • Parcel: SPRI S:06502 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.0974
  • Longitude: -72.5113

    Address

  • Full Address: 6 Heather Ln
  • Address - House Number: 6
  • Address - Street Name: Heather
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 1920
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364,500

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 277,186
  • High Value: 334,004
  • Low Value: 220,367

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,800
  • Assessed Land Value: $57,800
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Contract Date: Sep 24, 2019
  • Current Sale Recording Date: Oct 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58339
  • Previous Sale Recording Date: Dec 13, 2001
  • Previous Sale Amount: $130,000
  • 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:

$325,000

Sale Price/ft²

$240

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# 72551572

Frequently Asked Questions

When was property at 6 Heather Lane built and last sold?
The property at 6 Heather Lane was built in 1955 and last sold on Sep 24, 2019 for $177,000.
How much is this home worth?
The estimated value of the home located at 6 Heather Lane is $181,676.
What are some comparable homes to 6 Heather Lane?
There are currently no comparable homes to 6 Heather Lane.
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