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Springfield 01109 Sixteen Acres
72 Garvey Drive
$150,000
● House - Off Market

72 Garvey Drive

Springfield, MA 01109
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,256 Ft²
$297,586
RealtyHop Estimate
83.24%
Since May 1, 2005
National-US
Primary Model

About This Property

MOVE RIGHT INTO THIS CLEAN, SIDED SPLIT THAT OFFERS 3 LEVELS OF LIVING AND AN OPEN FLOOR PLAN.  6 ROOMS, 3 BEDROOMS, 1.5 BATHS, GARAGE.  1/4+ACRE, CORNER LOT, FENCED.
Unit Size
1,256 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$129
Property Type
House
Property Taxes
$164
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: 5 months ago (MLSPIN #70133537)

Price History

Date / Event Date Event Price
Apr 6, 2005 Sold
Premium
Sold
Jan 12, 2005 Listed by Perella Real Estate $162,400
Listed by Perella Real Estate
Jan 28, 2003 Sold
Premium
Sold
Jul 31, 2002 Listed by Perella Real Estate $114,500
Listed by Perella Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,217
  • Total Building Area: 1,256
  • Gross Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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: 55510020
  • Parcel: SPRI S:05551 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.1051
  • Longitude: -72.5257

    Address

  • Full Address: 72 Garvey Dr
  • Address - House Number: 72
  • Address - Street Name: Garvey
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C033
  • 4-Digit Zip Code: 1548
  • Zip Code: 01109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,700

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 258,014
  • High Value: 310,725
  • Low Value: 205,303

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,700
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $145,700

    Sales

  • Current Sale Recording Date: Apr 06, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 150714
  • Previous Sale Recording Date: Jan 28, 2003
  • Previous Sale Amount: $108,000
  • 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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1371 ft²

Average Home Age

56.7 years

Currently For Sale

25 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70133537

Frequently Asked Questions

When was property at 72 Garvey Drive built and last sold?
The property at 72 Garvey Drive was built in 1956 and last sold on Jan 1, 1970 for $160,000.
How much is this home worth?
The estimated value of the home located at 72 Garvey Drive is $170,266.
What are some comparable homes to 72 Garvey Drive?
There are currently no comparable homes to 72 Garvey Drive.
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