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Springfield 01119 Sixteen Acres
60 Catalpa Ter
Photo of 60 Catalpa Ter
Sold on Dec 29, 2005

1

Map

$251,500
● House - Off Market

60 Catalpa Ter

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$446,514
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

ALMOST NEW COLONIAL HOME IN DESIREABLE LOCATION AND CONVENIENT TO ALL AREA AMENITIES. GREAT OPEN KITCHEN WITH CENTER ISLAND BAR, OPEN TO GOOD SIZE DINING ROOM. 1ST FLOOR LAUNDRY WIH HALF BATH. LARGE MASTER BEDROOM WITH WALK IN CLOSET PLUS ANOTHER CLOSET, AND FULL BATH. GENEROUS SIZE BEDROOMS WITH BIG CLOSETS. PRIVATE BACKYARD WITH ALMOST NEW ABOVE GROUND POOL AND TWO STORAGE SHEDS.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$149
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
2003

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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 #70285813)

Price History

Date / Event Date Event Price
Dec 29, 2005 Sold
Premium
Sold
Oct 27, 2005 Listed $259,900
Listed
Jul 31, 2003 Sold
Premium
Sold
May 19, 2003 Listed $191,500
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,958
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 25000013
  • Parcel: SPRI S:02500 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.1191
  • Longitude: -72.5113

    Address

  • Full Address: 60 Catalpa Ter
  • Address - House Number: 60
  • Address - Street Name: Catalpa
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2402
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,300

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 358,325
  • High Value: 428,435
  • Low Value: 288,214

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,400
  • Assessed Land Value: $49,500
  • Assessed Improvements Value: $253,900

    Sales

  • Current Sale Recording Date: Dec 29, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 120752
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $190,000
  • 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

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70285813

Frequently Asked Questions

When was property at 60 Catalpa Terrace built and last sold?
The property at 60 Catalpa Terrace was built in 2003 and last sold on Jan 1, 1970 for $251,500.
How much is this home worth?
The estimated value of the home located at 60 Catalpa Terrace is $271,486.
What are some comparable homes to 60 Catalpa Terrace?
There are currently no comparable homes to 60 Catalpa Terrace.
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