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Springfield 01119 Sixteen Acres
65 Northway Dr
$255,000
● House - Off Market

65 Northway Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
964 Ft²
$240,425
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Lovely Ranch style home in Sixteen Acres is ready for you! With 5 rooms, 3 bedrooms and 1 bathroom. Newer siding, newer kitchen appliances, recently updated bathroom, flooring, paint and so much more. Partially finished basement with plenty of storage space. Sliding door to rear deck overlooking yard, great for BBQs and outdoor actives. Plus an oversized garage. Only thing to do is move right in! Showings start at Open House, Saturday, May 14th from 11:00-12:30. Highest and Best by Monday at 5 pm.
Unit Size
964 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$244
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1955

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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 #72979818)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
May 11, 2022 Listed by ERA M Connie Laplante Real Estate $235,000
Listed by ERA M Connie Laplante Real Estate
Nov 30, 2017 Sold
Premium
Sold
Jul 30, 2017 Listed by ERA M Connie Laplante Real Estate $124,900
Listed by ERA M Connie Laplante Real Estate
Jul 11, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,659
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • 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: 91480039
  • Parcel: SPRI S:09148 P:0039
  • Municipality: SPRINGFIELD
  • Latitude: 42.1245
  • Longitude: -72.5136

    Address

  • Full Address: 65 Northway Dr
  • Address - House Number: 65
  • Address - Street Name: Northway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2125
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $378,900

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 268,480
  • High Value: 325,005
  • Low Value: 211,955

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,200
  • Assessed Land Value: $50,700
  • Assessed Improvements Value: $171,500

    Sales

  • Current Sale Contract Date: Jul 13, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42543
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: O
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

50

Average Home Size

1240 ft²

Average Home Age

53.6 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# 72979818

Frequently Asked Questions

When was property at 65 Northway Drive built and last sold?
The property at 65 Northway Drive was built in 1955 and last sold on Jul 13, 2022 for $255,000.
How much is this home worth?
The estimated value of the home located at 65 Northway Drive is $233,178.
What are some comparable homes to 65 Northway Drive?
There are currently no comparable homes to 65 Northway Drive.
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