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Springfield 01128 Sixteen Acres
76 Fair Oak Road
$280,000
● House - Off Market

76 Fair Oak Road

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,506 Ft²
$284,826
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Move right in to this ranch located on a dead end street near the Wilbraham line. Easy to access from Cooley or Parker Street. This home has plenty of frontage and privacy. Driveway has a parking area so it's perfect for the kids to play or to park several vehicles. This home has a fresh coat of paint throughout including the front of the house. Living room has a brick wood burning fireplace, skylight, recessed lighting, and access to a balcony/deck. Large master bedroom has a full bath with shower stall. All bedrooms have double closets and there are additional closets in the hall. Home has central vacuum and alarm system. All kitchen appliances to remain.
Unit Size
1,506 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1985

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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 #73037596)

Price History

Date / Event Date Event Price
Nov 2, 2022 Sold
Premium
Sold
Sep 20, 2022 In contract -
In contract
Sep 16, 2022 Listed by Park Square Realty $269,900
Listed by Park Square Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,750
  • Total Building Area: 1,534
  • Gross Building Area: 1,534
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000981
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 48800028
  • Parcel: SPRI S:04880 P:0028
  • Municipality: SPRINGFIELD
  • Latitude: 42.1015
  • Longitude: -72.4918

    Address

  • Full Address: 76 Fair Oak Rd
  • Address - House Number: 76
  • Address - Street Name: Fair Oak
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1006
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $440,200

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 323,352
  • High Value: 390,523
  • Low Value: 256,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,200
  • Assessed Land Value: $72,300
  • Assessed Improvements Value: $185,900

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 65286
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:

$320,000

Sale Price/ft²

$241

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1193 ft²

Average Home Age

54.6 years

Currently For Sale

19 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# 73037596

Frequently Asked Questions

When was property at 76 Fair Oak Road built and last sold?
The property at 76 Fair Oak Road was built in 1985 and last sold on Nov 2, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 76 Fair Oak Road is $281,877.
What are some comparable homes to 76 Fair Oak Road?
There are currently no comparable homes to 76 Fair Oak Road.
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