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Springfield 01118 Sixteen Acres
77 Ramblewood Dr
$175,000
● House - Off Market

77 Ramblewood Dr

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,486 Ft²
$319,301
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

WHAT A HOUSE!!  Looking for a move in ready, beautiful, well maintained home at a fantastic price.  Look no further...you're home.  This house has it all, beautiful hardwood floors, new carpets, renovated bathrooms (one with a Jacuzzi tub), completely finished lower level, huge yard with a great deck and on and on it goes.  The third bedroom was opened up to make one enormous master.  Come see this fantastic house today.
Unit Size
1,486 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$121
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1986

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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 #71829873)

Price History

Date / Event Date Event Price
Jul 24, 2015 Sold
Premium
Sold
May 4, 2015 Listed by BKaye Realty $179,800
Listed by BKaye Realty
Feb 25, 2004 Sold
Premium
Sold
Jan 20, 2004 Listed by BKaye Realty $160,000
Listed by BKaye Realty
Jul 3, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 10,873
  • Total Building Area: 1,486
  • Gross Building Area: 1,486
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 100470129
  • Parcel: SPRI S:10047 P:0129
  • Municipality: SPRINGFIELD
  • Latitude: 42.092
  • Longitude: -72.5026

    Address

  • Full Address: 77 Ramblewood Dr
  • Address - House Number: 77
  • Address - Street Name: Ramblewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C046
  • 4-Digit Zip Code: 2630
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $448,100

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 320,209
  • High Value: 383,722
  • Low Value: 256,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,800
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $207,400

    Sales

  • Current Sale Recording Date: Jul 24, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39977
  • Previous Sale Recording Date: Feb 25, 2004
  • Previous Sale Amount: $155,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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# 71829873

Frequently Asked Questions

When was property at 77 Ramblewood Drive built and last sold?
The property at 77 Ramblewood Drive was built in 1986 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 77 Ramblewood Drive is $193,321.
What are some comparable homes to 77 Ramblewood Drive?
There are currently no comparable homes to 77 Ramblewood Drive.
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