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Springfield 01119 Sixteen Acres
85 N Branch Pkwy
$165,000
● House - Off Market

85 N Branch Pkwy

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
792 Ft²
$216,783
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Updated kitchen with laminate floor and stainless steel appliances opens to formal dining room, which was originally the third bedroom.Wood floors throughout all three bedrooms and living room.  1/2 bath in basement with finished rec room now being used as a bedroom. Additional rooms in the basement. Walk out basement to fenced-in backyard. Storage shed.Seller is the persona representatiove and the sale is subject to the Rules of Probate.
Unit Size
792 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$208
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72745274)

Price History

Date / Event Date Event Price
Dec 18, 2020 Sold
Premium
Sold
Oct 19, 2020 Listed by Coldwell Banker Realty - Longmeadow $165,000
Listed by Coldwell Banker Realty - Longmeadow
Feb 14, 1985 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,282
  • Total Building Area: 816
  • Gross Building Area: 816
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000259
  • 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: 91100110
  • Parcel: SPRI S:09110 P:0110
  • Municipality: SPRINGFIELD
  • Latitude: 42.1248
  • Longitude: -72.5156

    Address

  • Full Address: 85 N Branch Pkwy
  • Address - House Number: 85
  • Street Direction: N
  • Address - Street Name: Branch
  • Address - Suffix Type: Pkwy
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 2001
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $302,800

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 229,904
  • High Value: 279,693
  • Low Value: 180,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,600
  • Assessed Land Value: $50,100
  • Assessed Improvements Value: $127,500

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 76176
  • Previous Sale Recording Date: Feb 14, 1985
  • Previous Sale Amount: $43,500
  • Previous Sale Document Type: 27
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

51

Average Home Size

1195 ft²

Average Home Age

56.3 years

Currently For Sale

22 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: 5 years ago
Data Source: MLS PIN, MLS# 72745274

Frequently Asked Questions

When was property at 85 North Branch Parkway built and last sold?
The property at 85 North Branch Parkway was built in 1956 and last sold on Dec 16, 2020 for $165,000.
How much is this home worth?
The estimated value of the home located at 85 North Branch Parkway is $0.
What are some comparable homes to 85 North Branch Parkway?
There are currently no comparable homes to 85 North Branch Parkway.
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