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Springfield 01118 Sixteen Acres
616 Cooley
$138,500
● House - Off Market

616 Cooley

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,354 Ft²
$243,502
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Just Reduced!!! Turn key, beautiful 3 bedroom, 1.5 bath cape located very close to East Longmeadow line.  Pottery Barn colors, natural stone counter tops and solid hickory cabinets in kitchen, 5 burner gas stove, double wall oven and cathedral ceiling with skylights in dining room. These are just a few of the many features in this must see home.  Central air recently installed.  Dog kennel in private wooded back yard that abuts conservation land.  Partially finished basement with bar.  Gorgeous tiled bathroom shower surround.  Third bedroom on second floor has tongue-and-groove pine paneled walls.  Close to area amenities including shopping and restaurants.  This is one not to be missed!!
Unit Size
1,354 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$103
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1949

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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 #71896769)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by Landmark, REALTORS® $219,900
Listed by Landmark, REALTORS®
Mar 29, 2016 Sold
Premium
Sold
Aug 30, 2015 Listed by Landmark, REALTORS® $139,900
Listed by Landmark, REALTORS®
Oct 16, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • 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: 4
  • 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: 21,780
  • Total Building Area: 1,354
  • Gross Building Area: 1,354
  • Building Area: 1,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,354
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • 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: 31700127
  • Parcel: SPRI S:03170 P:0127
  • Municipality: SPRINGFIELD
  • Latitude: 42.0873
  • Longitude: -72.5028

    Address

  • Full Address: 616 Cooley St
  • Address - House Number: 616
  • Address - Street Name: Cooley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1100
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $403,700

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 301,330
  • High Value: 361,642
  • Low Value: 241,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,800
  • Assessed Land Value: $60,200
  • Assessed Improvements Value: $176,600

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63854
  • Previous Sale Recording Date: Mar 29, 2016
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: 71
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 months ago
Data Source: MLS PIN, MLS# 71896769

Frequently Asked Questions

When was property at 616 Cooley Street built and last sold?
The property at 616 Cooley Street was built in 1949 and last sold on Oct 19, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 616 Cooley Street is $228,137.
What are some comparable homes to 616 Cooley Street?
There are currently no comparable homes to 616 Cooley Street.
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