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Springfield 01109 Sixteen Acres
68 Cheyenne Road
$194,900
● House - Off Market

68 Cheyenne Road

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,188 Ft²
$287,632
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Beautifully maintained home. One floor living with central air and an inground pool !!!     Oversized  2 car garage.    Family room is open to kitchen.    Ranch has hardwood floors in  living room, hall and bedrooms.    New furnace (2017),    hot water heater, and    roof.       Newish pool liner. Sprinkler system,   central vacuum,   replacement windows,    vinyl siding.       Basement has play room and workshop.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$160
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1956

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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 #72361225)

Price History

Date / Event Date Event Price
Feb 12, 2021 Sold
Premium
Sold
Dec 18, 2020 Listed by Coldwell Banker Residential Brokerage - Longmeadow $240,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Oct 2, 2018 Sold
Premium
Sold
Jul 12, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $189,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 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: 8

    Dimensions

  • Lot Size Square Feet: 8,499
  • Total Building Area: 1,188
  • Gross Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000195
  • 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: 27590016
  • Parcel: SPRI S:02759 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.107
  • Longitude: -72.527

    Address

  • Full Address: 68 Cheyenne Rd
  • Address - House Number: 68
  • Address - Street Name: Cheyenne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 1507
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,400

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 294,602
  • High Value: 359,494
  • Low Value: 229,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,800
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $212,600

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 10078
  • Previous Sale Recording Date: Oct 02, 2018
  • Previous Sale Amount: $194,900
  • 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:

$325,000

Sale Price/ft²

$240

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# 72361225

Frequently Asked Questions

When was property at 68 Cheyenne Road built and last sold?
The property at 68 Cheyenne Road was built in 1956 and last sold on Feb 8, 2021 for $230,000.
How much is this home worth?
The estimated value of the home located at 68 Cheyenne Road is $245,667.
What are some comparable homes to 68 Cheyenne Road?
There are currently no comparable homes to 68 Cheyenne Road.
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