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Springfield 01119 Sixteen Acres
79 Jeffrey Rd
$219,000
● House - Off Market

79 Jeffrey Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,237 Ft²
$294,049
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Your search is over! Nestled on a desirable street in Springfield's Sixteen Acres this adorable 3 bedroom ranch offers a fence-in yard, garage, beautiful hardwood floors throughout and an expansive living room with fireplace and large picture window. Light pours through a beautiful sliding window over the sink in the kitchen. The kitchen also includes stainless steel appliances and opens to a three season porch. Major updates include newer gas furnace 2018 and updated electrical. This home is in walking distance to Western New England University shops and more. Call for a showing today!
Unit Size
1,237 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$178
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1955

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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 #72692551)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Jul 16, 2020 Listed by Keller Williams Realty $219,900
Listed by Keller Williams Realty
May 3, 2016 Sold
Premium
Sold
Feb 1, 2016 Listed by Keller Williams Realty $154,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,593
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 70800086
  • Parcel: SPRI S:07080 P:0086
  • Municipality: SPRINGFIELD
  • Latitude: 42.1152
  • Longitude: -72.5085

    Address

  • Full Address: 79 Jeffrey Rd
  • Address - House Number: 79
  • Address - Street Name: Jeffrey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C032
  • 4-Digit Zip Code: 2734
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $387,700

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 286,754
  • High Value: 348,854
  • Low Value: 224,654

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $227,400
  • Assessed Land Value: $50,600
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59754
  • Previous Sale Recording Date: May 03, 2016
  • Previous Sale Amount: $152,500
  • Previous Sale Document Type: 71
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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

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# 72692551

Frequently Asked Questions

When was property at 79 Jeffrey Road built and last sold?
The property at 79 Jeffrey Road was built in 1955 and last sold on Sep 14, 2020 for $219,000.
How much is this home worth?
The estimated value of the home located at 79 Jeffrey Road is $226,295.
What are some comparable homes to 79 Jeffrey Road?
There are currently no comparable homes to 79 Jeffrey Road.
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