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Springfield 01129 Sixteen Acres
61 Glenoak Dr
$215,000
● House - Off Market

61 Glenoak Dr

Springfield, MA 01129
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,274 Ft²
$315,513
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Here it is!  This is the one you have been waiting for... Impeccable 2 bedroom 1274 sq ft ranch in desirable 16 Acres.  Family room with access to the back deck.  Updated kitchen, open living and dining room.. Partially finished basement with bar and half bath.  Curb appeal, back yard, this home is ready and waiting for you.
Unit Size
1,274 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$169
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1951

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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 #72506871)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
May 28, 2019 Listed by Coldwell Banker Residential Brokerage - Chicopee $215,000
Listed by Coldwell Banker Residential Brokerage - Chicopee
Jul 1, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 12,332
  • Total Building Area: 1,274
  • Gross Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,274
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000283
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 57600101
  • Parcel: SPRI S:05760 P:0101
  • Municipality: SPRINGFIELD
  • Latitude: 42.1179
  • Longitude: -72.4797

    Address

  • Full Address: 61 Glenoak Dr
  • Address - House Number: 61
  • Address - Street Name: Glenoak
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1501
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,000

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 308,138
  • High Value: 369,774
  • Low Value: 246,502

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,300
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $200,300

    Sales

  • Current Sale Contract Date: Jun 26, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35901
  • Previous Sale Recording Date: Jul 01, 2003
  • Previous Sale Amount: $135,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72506871

Frequently Asked Questions

When was property at 61 Glenoak Drive built and last sold?
The property at 61 Glenoak Drive was built in 1951 and last sold on Jun 26, 2019 for $215,000.
How much is this home worth?
The estimated value of the home located at 61 Glenoak Drive is $221,581.
What are some comparable homes to 61 Glenoak Drive?
There are currently no comparable homes to 61 Glenoak Drive.
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