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Springfield 01129 Sixteen Acres
85 Tamarack Dr
$132,000
● House - Off Market

85 Tamarack Dr

Springfield, MA 01129
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,192 Ft²
$278,032
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

Great location is what you will find with 3 bedroom ranch located on nice corner lot. Currently being used as a 2 Bedroom but could easily be restored back to 3 bedrooms. This vinyl sided home is conveniently located to the city but close to the East Longmeadow/ Wilbraham line. This home offers eat in kitchen, enclosed back yard, deck, some hardwood floors, and potential for a finished basement. Come see this today.
Unit Size
1,192 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$122
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1979

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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 #70770225)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by Hanson Realty $219,900
Listed by Hanson Realty
Aug 7, 2008 Sold
Premium
Sold
May 31, 2008 Listed by Hanson Realty $144,900
Listed by Hanson Realty
Apr 15, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 14,270
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000328
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 114080160
  • Parcel: SPRI S:11408 P:0160
  • Municipality: SPRINGFIELD
  • Latitude: 42.1017
  • Longitude: -72.4764

    Address

  • Full Address: 85 Tamarack Dr
  • Address - House Number: 85
  • Address - Street Name: Tamarack
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1942
  • Zip Code: 01129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,500

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 303,080
  • High Value: 368,338
  • Low Value: 237,821

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,900
  • Assessed Land Value: $59,200
  • Assessed Improvements Value: $202,700

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91171
  • Previous Sale Recording Date: Aug 07, 2008
  • Previous Sale Amount: $132,000
  • 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: 4 months ago
Data Source: MLS PIN, MLS# 70770225

Frequently Asked Questions

When was property at 85 Tamarack Drive built and last sold?
The property at 85 Tamarack Drive was built in 1979 and last sold on Dec 20, 2021 for $231,000.
How much is this home worth?
The estimated value of the home located at 85 Tamarack Drive is $223,112.
What are some comparable homes to 85 Tamarack Drive?
There are currently no comparable homes to 85 Tamarack Drive.
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