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Springfield 01118 Sixteen Acres
657 Cooley St
$245,000
● House - Off Market

657 Cooley St

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,306 Ft²
$242,060
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Move in condition for this 3+ bedroom, 2 bath cape, located on almost half acre lot in 16 Acres. Kitchen includes granite countertops, updated cabinets, and all new stainless steel appliances. Living room includes hardwood floors and a fireplace. Formal dining room or fourth bedroom on the first floor. Back entry has a new deck and a mudroom leading to the kitchen. First floor full bath with new vanity, toilet, and shower. Second floor includes 2 spacious bedrooms along with a full bath with tub. This home has a 30 year architectural shingle roof, vinyl siding, newer insulated windows, and gas heat. A one car detached garage with brand new deck at the back of the house. Full basement ready to be finished.
Unit Size
1,306 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$180
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1940

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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 #73065095)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jan 11, 2023 In contract -
In contract
Dec 14, 2022 Listed by Teamwork Realty Group, LLC $234,900
Listed by Teamwork Realty Group, LLC
Aug 16, 2018 Sold
Premium
Sold
Dec 23, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • 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: 16,962
  • Total Building Area: 1,306
  • Gross Building Area: 1,306
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD
  • Land Acres: 0000000389
  • 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: R6

Geography

  • Account Number: 31700145
  • Parcel: SPRI S:03170 P:0145
  • Municipality: SPRINGFIELD
  • Latitude: 42.0861
  • Longitude: -72.5029

    Address

  • Full Address: 657 Cooley St
  • Address - House Number: 657
  • Address - Street Name: Cooley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1115
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $329,700

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 258,937
  • High Value: 310,767
  • Low Value: 207,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,400
  • Assessed Land Value: $58,100
  • Assessed Improvements Value: $135,300

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9419
  • Previous Sale Recording Date: Aug 16, 2018
  • Previous Sale Amount: $106,000
  • 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:

$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# 73065095

Frequently Asked Questions

When was property at 657 Cooley Street built and last sold?
The property at 657 Cooley Street was built in 1940 and last sold on Feb 28, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 657 Cooley Street is $242,352.
What are some comparable homes to 657 Cooley Street?
There are currently no comparable homes to 657 Cooley Street.
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