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Springfield 01109 Sixteen Acres
61 Monticello Ave
Photo of 61 Monticello Ave
Sold on May 15, 2026

20

Map

Photo of 61 Monticello Ave
Photo of 61 Monticello Ave
$310,000
● House - Off Market

61 Monticello Ave

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,624 Ft²
$1,924
Est. Monthly

About This Property

Here's your chance to own this lovely one owner home close to area schools and colleges.  This raised ranch offers wonderful hardwood floors throughout a wide open living room and dining room that opens up to a nice screened in porch that overlooks the fenced in yard and gardens.  This home also features nice sized bedrooms with an en-suite half bath in the master. The kitchen features a nice gas counter-top range, wall-oven and even a lazy-susan corner cabinet.  Round this wonderful home out with a large finished room in the basement and a one car garage and you've got yourself your next home sweet home.  Check it out before its gone!!!
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$197
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1987

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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: 6 months ago (MLSPIN #73491686)

Price History

Date / Event Date Event Price
May 15, 2026 Sold
Premium
Sold
Mar 31, 2026 In contract -
In contract
Mar 25, 2026 Listed by BKaye Realty $320,000
Listed by BKaye Realty

Property Highlights

Garage
Parking Available

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: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 7,501
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,184
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 88000038
  • Parcel: SPRI S:08800 P:0038
  • Municipality: SPRINGFIELD
  • Latitude: 42.1124
  • Longitude: -72.5323

    Address

  • Full Address: 61 Monticello Ave
  • Address - House Number: 61
  • Address - Street Name: Monticello
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1411
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 285,576
  • High Value: 336,965
  • Low Value: 234,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,800
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $190,800
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1400 ft²

Average Home Age

53 years

Currently For Sale

27 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: 6 months ago
Data Source: MLS PIN, MLS# 73491686

Frequently Asked Questions

When was property at 61 Monticello Avenue built and last sold?
The property at 61 Monticello Avenue was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 61 Monticello Avenue is $328,562.
What are some comparable homes to 61 Monticello Avenue?
There are currently no comparable homes to 61 Monticello Avenue.
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