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Springfield 01129 Sixteen Acres
8 Rhinebeck Ave
$179,900
● House - Off Market

8 Rhinebeck Ave

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$294,665
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Near Wilbraham line! Near to shopping and public transportation sits on a Great corner location. Great yard with two decks. Well kept Cape style house offers lot amenities. Dining room, fully finished basement and fire place too. Newer siding and windows. Energy audit by Mass Save too.
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$115
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1948

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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 #72024444)

Price History

Date / Event Date Event Price
Nov 23, 2016 Sold
Premium
Sold
Jun 16, 2016 Listed by William Raveis R.E. & Home Services $174,900
Listed by William Raveis R.E. & Home Services
Jan 31, 2013 Sold
Premium
Sold
Nov 16, 2012 Listed by William Raveis R.E. & Home Services $169,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 9,574
  • Total Building Area: 1,518
  • Gross Building Area: 1,518
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIARCLIFF MANOR
  • Land Acres: 0000000220
  • 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: 101650002
  • Parcel: SPRI S:10165 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.1158
  • Longitude: -72.4835

    Address

  • Full Address: 8 Rhinebeck Ave
  • Address - House Number: 8
  • Address - Street Name: Rhinebeck
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C034
  • 4-Digit Zip Code: 1728
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $469,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 295,478
  • High Value: 321,175
  • Low Value: 269,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,600
  • Assessed Land Value: $54,900
  • Assessed Improvements Value: $220,700

    Sales

  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70555
  • Previous Sale Recording Date: Jan 31, 2013
  • Previous Sale Amount: $166,000
  • 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:

$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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72024444

Frequently Asked Questions

When was property at 8 Rhinebeck Avenue built and last sold?
The property at 8 Rhinebeck Avenue was built in 1948 and last sold on Jan 1, 1970 for $179,900.
How much is this home worth?
The estimated value of the home located at 8 Rhinebeck Avenue is $189,203.
What are some comparable homes to 8 Rhinebeck Avenue?
There are currently no comparable homes to 8 Rhinebeck Avenue.
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