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Springfield 01129 Sixteen Acres
73 Pine Acre Rd
$214,000
● House - Off Market

73 Pine Acre Rd

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,632 Ft²
$385,694
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Lovely Brick colonial on large fenced in lot.  Very open floor plan.  Kitchen with new cabinets and moveable island is open to the formal dining room which has wood floors.   There is a half of bath on this floor.   Front to back living room with fireplace and wood floors.  From the living room enter into the enclosed  three season porch with ceiling fan.  From the enclosed porch view the wonderful flat fenced in back yard.  Upstairs features include large master bedroom with wood floors and access to attic.  Two other nice size bedroom with wood floors.  Full bath features linen closet and tile floor. Two rooms partially finished in the basement and still room for storage.  All this plus a 2 car garage which is attached.  Freshly painted and WOW do the floors sparkle.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$140
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71912761)

Price History

Date / Event Date Event Price
Jul 5, 2016 Sold
Premium
Sold
Sep 30, 2015 Listed by Coldwell Banker Residential Brokerage - Longmeadow $228,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 5
  • Exterior Walls Type: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,934
  • Total Building Area: 1,632
  • Gross Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000366
  • 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: 97200075
  • Parcel: SPRI S:09720 P:0075
  • Municipality: SPRINGFIELD
  • Latitude: 42.118
  • Longitude: -72.481

    Address

  • Full Address: 73 Pine Acre Rd
  • Address - House Number: 73
  • Address - Street Name: Pine Acre
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1716
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,100

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 331,612
  • High Value: 397,943
  • Low Value: 265,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,900
  • Assessed Land Value: $57,600
  • Assessed Improvements Value: $202,300

    Sales

  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38099
  • Previous Sale Recording Date: Sep 18, 2009
  • 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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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: 4 months ago
Data Source: MLS PIN, MLS# 71912761

Frequently Asked Questions

When was property at 73 Pine Acre Road built and last sold?
The property at 73 Pine Acre Road was built in 1948 and last sold on Jan 1, 1970 for $214,000.
How much is this home worth?
The estimated value of the home located at 73 Pine Acre Road is $241,939.
What are some comparable homes to 73 Pine Acre Road?
There are currently no comparable homes to 73 Pine Acre Road.
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