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Springfield 01129 Sixteen Acres
83 Mallowhill Rd
$129,900
● House - Off Market

83 Mallowhill Rd

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,168 Ft²
$847
Est. Monthly

About This Property

Vinyl sided 5 room 3 bedroom L ranch with 2 more bdrs and play area in finished basement. Replacement windows, upgraded electric and plumbing, 5 yr old roof (apo). 2 storage sheds one with power, fenced private back yard with patio. 3 season porch, 1 car attached garage with work area, concrete drive. Desirable 16 acres location,conservation land across the street. Family owned for over 40 years. Walking distance to park, library and 2 schools. Motivated seller!!!!!!!!
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$111
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1958

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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: 10 months ago (MLSPIN #71029018)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jun 15, 2021 Listed by Century 21 A-1 Nolan Realty $249,900
Listed by Century 21 A-1 Nolan Realty
Nov 20, 2014 Sold
Premium
Sold
Aug 15, 2014 Sold
Premium
Sold
Feb 6, 2010 Listed by Century 21 A-1 Nolan Realty $129,900
Listed by Century 21 A-1 Nolan Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,374
  • Total Building Area: 1,168
  • Gross Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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: 81480114
  • Parcel: SPRI S:08148 P:0114
  • Municipality: SPRINGFIELD
  • Latitude: 42.1214
  • Longitude: -72.4949

    Address

  • Full Address: 83 Mallowhill Rd
  • Address - House Number: 83
  • Address - Street Name: Mallowhill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 1627
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $436,100

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 297,505
  • High Value: 357,014
  • Low Value: 237,996

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,800
  • Assessed Land Value: $55,600
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56512
  • Previous Sale Recording Date: Nov 20, 2014
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: O
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

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Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 71029018

Frequently Asked Questions

When was property at 83 Mallowhill Road built and last sold?
The property at 83 Mallowhill Road was built in 1958 and last sold on Aug 12, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 83 Mallowhill Road is $0.
What are some comparable homes to 83 Mallowhill Road?
There are currently no comparable homes to 83 Mallowhill Road.
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