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Springfield 01118 Sixteen Acres
85 Talmadge Dr
Photo of 85 Talmadge Dr

22

Map

Photo of 85 Talmadge Dr
Photo of 85 Talmadge Dr
$279,900
↓ $15K (5.1%)
● House - For Sale

85 Talmadge Dr

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,053 Ft²
$1,675
Est. Monthly
10.92%
Cap Rate

About This Property

Welcome home to this inviting 3-bedroom ranch on a corner lot near the Anna & Joseph Bonavita Memorial Conservation Area! Inside, enjoy refinished hardwood floors, a freshly painted interior, brand-new bathroom, and many new light fixtures and ceiling fans. Efficient forced-air gas heat and central air conditioning provide year-round comfort, while the partially finished basement offers flexible bonus space. Outside, you'll find a large fenced-in yard with mature trees, a back patio perfect for grilling and outdoor gatherings, and convenient off-street parking. With thoughtful updates, great outdoor space, and a location close to conservation land and recreation, this home is ready to enjoy!
Unit Size
1,053 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$266
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1962

Listed By

John Brunelle
B & B Real Estate

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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: 2 days ago (MLSPIN #73574012)

Price History

Date / Event Date Event Price
Sep 27, 2026 Price Decreased $279,900
↓ $15K (5.1%)
Price Decreased
Sep 24, 2026 Price Decreased $295,000
↓ $5K (1.6%)
Price Decreased
Sep 17, 2026 Price Decreased $299,900
↓ $5K (1.6%)
Price Decreased
Sep 9, 2026 Listed by B & B Real Estate $304,900
Listed by B & B Real Estate
Jul 29, 2026 Sold
Premium
Sold
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Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Appliances: Gas Water Heater, Range, Refrigerator
Flooring Type: Hardwood
Rooms: 5
Basement: Full, Partially Finished
Exterior Details
Square Footage: 1053
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1962
Building Area Total: 1053
Building Area Units: Square Feet
Patio and Porch Features: Patio
Lot Features: Corner Lot
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Lot Size Square Feet: 10799
Water Source: Public
Financial Details
Tax Assessed Value: $229,400
Tax Annual Amount: $3,597
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Baseboard, Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 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: 10,799
  • Total Building Area: 1,053
  • Gross Building Area: 1,053
  • Building Area: 1,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,053
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 801605

Zoning

  • Zoning: R1

Geography

  • Account Number: 114070110
  • Parcel: SPRI S:11407 P:0110
  • Municipality: SPRINGFIELD
  • Latitude: 42.0923
  • Longitude: -72.5134

    Address

  • Full Address: 85 Talmadge Dr
  • Address - House Number: 85
  • Address - Street Name: Talmadge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2520
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 259,746
  • High Value: 306,486
  • Low Value: 213,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,100
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $139,700

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Nov 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 56542
  • Previous Sale Recording Date: Apr 14, 1989
  • Previous Sale Amount: $97,000
  • 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:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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: 2 days ago
Data Source: MLS PIN, MLS# 73574012

Frequently Asked Questions

When was property at 85 Talmadge Drive built and last sold?
The property at 85 Talmadge Drive was built in 1962 and last sold on Nov 28, 2023 for $208,000.
How much is this home worth?
The estimated value of the home located at 85 Talmadge Drive is $282,852.
What are some comparable homes to 85 Talmadge Drive?
There are currently no comparable homes to 85 Talmadge Drive.
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