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Springfield 01128 Sixteen Acres
60 Teakwood Rd
$158,000
● House - Off Market

60 Teakwood Rd

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,872 Ft²
$389,159
RealtyHop Estimate
143.38%
Since Jan 1, 2003
National-US
Primary Model

About This Property

BEAUTIFULLY MAINTAINED INSIDE & OUT,TRUE PRIDE OF OWNERSHIP, NEWER VINYL SIDING,FULLY FENCED YARD W/SHED,FULLY FIN FAM RM IN LOWER LEVEL,LAUNDRY & OFFICE ON GAR LEVEL,NEW FLOORING THRUOUT,FRESH,CLEAN & NEUTRAL,A MUST SEE - CALL & SEE!!
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$85
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1984

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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 years ago (MLSPIN #30653684)

Price History

Date / Event Date Event Price
Nov 15, 2006 Sold
Premium
Sold
Dec 5, 2002 Sold
Premium
Sold
Oct 3, 2002 Listed by RE/MAX Teamwork Realty $159,900
Listed by RE/MAX Teamwork Realty

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,698
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • 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: 0000000246
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 114350084
  • Parcel: SPRI S:11435 P:0084
  • Municipality: SPRINGFIELD
  • Latitude: 42.0989
  • Longitude: -72.4853

    Address

  • Full Address: 60 Teakwood Rd
  • Address - House Number: 60
  • Address - Street Name: Teakwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1054
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,900

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 336,457
  • High Value: 402,403
  • Low Value: 270,511

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,500
  • Assessed Land Value: $57,500
  • Assessed Improvements Value: $204,000

    Sales

  • Current Sale Recording Date: Nov 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 144423
  • Previous Sale Recording Date: Dec 05, 2002
  • Previous Sale Amount: $158,000
  • 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:

$324,999

Sale Price/ft²

$238

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30653684

Frequently Asked Questions

When was property at 60 Teakwood Road built and last sold?
The property at 60 Teakwood Road was built in 1984 and last sold on Jan 1, 1970 for $229,900.
How much is this home worth?
The estimated value of the home located at 60 Teakwood Road is $0.
What are some comparable homes to 60 Teakwood Road?
There are currently no comparable homes to 60 Teakwood Road.
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