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Springfield 01118 Sixteen Acres
86 Talmadge Dr
Photo of 86 Talmadge Dr
Sold on Apr 3, 2026

33

Map

Photo of 86 Talmadge Dr
Photo of 86 Talmadge Dr
$280,000
● House - Off Market

86 Talmadge Dr

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$1,795
Est. Monthly
10.69%
Cap Rate

About This Property

Whether you're downsizing or just starting out, this may be the home for you! Relax in the three season room, fenced in back yard or on the patio. A beautiful new front door has been installed. Other updates include newer flooring and the bathroom was remodeled @ 3 yrs ago, composite decking and shed @ 2 yrs ago. Located close to shopping and restaurants to enjoy. Move right in and make it your own!
Unit Size
999 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$305
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1962

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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: 8 months ago (MLSPIN #73429548)

Price History

Date / Event Date Event Price
Apr 3, 2026 Sold
Premium
Sold
Feb 28, 2026 In contract -
In contract
Feb 12, 2026 Price Decreased $305,000
↓ $5K (1.6%)
Price Decreased
Jan 7, 2026 Price Decreased $310,000
↓ $5K (1.6%)
Price Decreased
Oct 28, 2025 Relisted $315,000
Relisted
Show More

Property Highlights

Parking Available
Air Conditioning

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: 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: 10,799
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 6

    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: 114070016
  • Parcel: SPRI S:11407 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.0922
  • Longitude: -72.5139

    Address

  • Full Address: 86 Talmadge Dr
  • Address - House Number: 86
  • Address - Street Name: Talmadge
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2501
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $339,500

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 260,593
  • High Value: 309,442
  • Low Value: 211,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,100
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $143,700
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:

$319,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1385 ft²

Average Home Age

51.4 years

Currently For Sale

28 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: 8 months ago
Data Source: MLS PIN, MLS# 73429548

Frequently Asked Questions

When was property at 86 Talmadge Drive built and last sold?
The property at 86 Talmadge Drive was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 86 Talmadge Drive is $0.
What are some comparable homes to 86 Talmadge Drive?
There are currently no comparable homes to 86 Talmadge Drive.
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