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Springfield 01119 Sixteen Acres
83 Gary Rd
$225,000
● House - Off Market

83 Gary Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
942 Ft²
$242,375
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

This single owner ranch is PERFECT for a First Time Home Buyer or someone looking to downsize. This bright home offers hardwood floors throughout, high ceilings, updated windows, roof, new furnace (APO 2020) and central air. The spacious basement offers a workbench, ample storage and has the framework for an amazing bonus space - just bring your imagination! Situated on a large, private, flat yard with a storage shed in a neighborhood setting it is convenient to nearby amenities and highways for an easy commute. You won't want to miss this one- make this house your home today!
Unit Size
942 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$234
Property Type
House
Property Taxes
$256
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: 5 years ago (MLSPIN #72913976)

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold
Premium
Sold
Oct 28, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $220,000
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 16,322
  • Total Building Area: 942
  • Gross Building Area: 942
  • Building Area: 942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 942
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • 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: 801602

Zoning

  • Zoning: R1

Geography

  • Account Number: 55520052
  • Parcel: SPRI S:05552 P:0052
  • Municipality: SPRINGFIELD
  • Latitude: 42.1248
  • Longitude: -72.5

    Address

  • Full Address: 83 Gary Rd
  • Address - House Number: 83
  • Address - Street Name: Gary
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2522
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $362,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 263,586
  • High Value: 309,700
  • Low Value: 217,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,300
  • Assessed Land Value: $52,300
  • Assessed Improvements Value: $160,000

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 86634
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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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: 5 years ago
Data Source: MLS PIN, MLS# 72913976

Frequently Asked Questions

When was property at 83 Gary Road built and last sold?
The property at 83 Gary Road was built in 1955 and last sold on Dec 6, 2021 for $225,000.
How much is this home worth?
The estimated value of the home located at 83 Gary Road is $0.
What are some comparable homes to 83 Gary Road?
There are currently no comparable homes to 83 Gary Road.
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