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Springfield 01129 Sixteen Acres
78 Scarsdale Rd
$252,500
● House - Off Market

78 Scarsdale Rd

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,107 Ft²
$217,845
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

HIGHEST & BEST DUE 5:00 3/5-AFFORDABLE & ADORABLE SIXTEEN ACRES RANCH ~This ONE OWNER home features a fully applianced eat in kitchen with solid wood cabinets and beveled edge countertops; spacious living room with large picture window offering panoramic views of front gardens(with sprinkler system); three generously sized bedrooms; additional living space in the partially finished basement with double closets and laundry; Gorgeous private backyard that abuts conservation land with gazebo and storage shed; ADDITIONAL UPGRADES INCLUDE-Replacement windows, Gas hot water tank(2013), architectural shingled roof, central A/C AND MUCH MORE!
Unit Size
1,107 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$194
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1964

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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 #72948554)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Mar 3, 2022 Listed by Berkshire Hathaway HomeServices Realty Professionals $214,900
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Total Building Area: 1,107
  • Gross Building Area: 1,107
  • Building Area: 1,107
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,107
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 106390018
  • Parcel: SPRI S:10639 P:0018
  • Municipality: SPRINGFIELD
  • Latitude: 42.1234
  • Longitude: -72.4924

    Address

  • Full Address: 78 Scarsdale Rd
  • Address - House Number: 78
  • Address - Street Name: Scarsdale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 1416
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $375,400

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 274,872
  • High Value: 334,057
  • Low Value: 215,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,200
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $164,800

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22219
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# 72948554

Frequently Asked Questions

When was property at 78 Scarsdale Road built and last sold?
The property at 78 Scarsdale Road was built in 1964 and last sold on Apr 12, 2022 for $252,500.
How much is this home worth?
The estimated value of the home located at 78 Scarsdale Road is $224,982.
What are some comparable homes to 78 Scarsdale Road?
There are currently no comparable homes to 78 Scarsdale Road.
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