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Springfield 01128 Sixteen Acres
77 Gralia Dr.
$156,000
● House - Off Market

77 Gralia Dr.

Springfield, MA 01128
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$252,449
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

This cozy Ranch home is in the coveted location that you've been waiting for! Come and see this one level home featuring two bedrooms, hardwood flooring, two fireplaces, large backyard and finished space in the basement with a pool table and bar. This house is small enough to be energy efficient, but large enough for entertaining. First floor laundry, ceiling fans, oversized one car garage complete this value...priced UNDER assessed value! The Seller is providing a one year home warranty for the Buyer.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$133
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1952

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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 #72227204)

Price History

Date / Event Date Event Price
Jan 5, 2018 Sold
Premium
Sold
Sep 12, 2017 Listed by RE/MAX Swift River Valley $160,000
Listed by RE/MAX Swift River Valley
Nov 20, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 20,351
  • Total Building Area: 968
  • Gross Building Area: 968
  • Building Area: 968
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 968
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • 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: 58800039
  • Parcel: SPRI S:05880 P:0039
  • Municipality: SPRINGFIELD
  • Latitude: 42.0916
  • Longitude: -72.4734

    Address

  • Full Address: 77 Gralia Dr
  • Address - House Number: 77
  • Address - Street Name: Gralia
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1309
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 283,947
  • High Value: 346,638
  • Low Value: 221,256

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $62,000
  • Assessed Improvements Value: $158,000

    Sales

  • Current Sale Recording Date: Jan 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 869
  • Previous Sale Recording Date: Nov 20, 2006
  • Previous Sale Amount: $179,900
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72227204

Frequently Asked Questions

When was property at 77 Gralia Drive built and last sold?
The property at 77 Gralia Drive was built in 1952 and last sold on Jan 1, 1970 for $156,000.
How much is this home worth?
The estimated value of the home located at 77 Gralia Drive is $167,784.
What are some comparable homes to 77 Gralia Drive?
There are currently no comparable homes to 77 Gralia Drive.
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