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Springfield 01129 Sixteen Acres
68 Glenoak Dr
$230,000
● House - Off Market

68 Glenoak Dr

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,620 Ft²
$329,034
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Here it is!  3 bedroom ranch in desirable 16 Acres.  Large family/living room with cathedral ceiling.  Wood floors in the bedrooms, and the formal dining room.  Enjoy morning coffee and/ or evening wine on the beautiful deck off the family room, or on the farmers porch. Beautiful updated bath, fresh paint throughout most of the home.  Backyard is completely fenced.  Do not wait on this one!
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$139
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1953

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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 #72548838)

Price History

Date / Event Date Event Price
Sep 20, 2019 Sold
Premium
Sold
Aug 12, 2019 Listed by Coldwell Banker Residential Brokerage - Chicopee $224,500
Listed by Coldwell Banker Residential Brokerage - Chicopee
Nov 30, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,413
  • Total Building Area: 1,572
  • Gross Building Area: 1,572
  • Building Area: 1,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,572
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • 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: 801603

Zoning

  • Zoning: R1

Geography

  • Account Number: 57600016
  • Parcel: SPRI S:05760 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.1179
  • Longitude: -72.4804

    Address

  • Full Address: 68 Glenoak Dr
  • Address - House Number: 68
  • Address - Street Name: Glenoak
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1502
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,900

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 322,287
  • High Value: 386,754
  • Low Value: 257,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,400
  • Assessed Land Value: $54,800
  • Assessed Improvements Value: $202,600

    Sales

  • Current Sale Contract Date: Sep 13, 2019
  • Current Sale Recording Date: Sep 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54204
  • Previous Sale Recording Date: Nov 30, 2001
  • Previous Sale Amount: $129,500
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72548838

Frequently Asked Questions

When was property at 68 Glenoak Drive built and last sold?
The property at 68 Glenoak Drive was built in 1953 and last sold on Sep 13, 2019 for $230,000.
How much is this home worth?
The estimated value of the home located at 68 Glenoak Drive is $237,833.
What are some comparable homes to 68 Glenoak Drive?
There are currently no comparable homes to 68 Glenoak Drive.
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