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Springfield 01119 Sixteen Acres
87 Bellwood Road
$121,500
● House - Off Market

87 Bellwood Road

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,547 Ft²
$241,801
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Don't miss this spacious Cape styled home with large lot.  Lots of room.   Breezeway and Garage.  Fenced yard.  Basement is partially finished.  Great value for this home. Some updating.  ALL OFFERS MUST HAVE PREAPPROVAL/PROOF OF FUNDS.  ALL PURCHASE AND SALES MUST BE RETURNED WITHIN 48 HOURS WITH NO CHANGES.  ATTACHED ADDENDUMS MUST ACCOMPANY THE OFFER.  BUYER IS RESPONSIBLE FOR SMOKE DETECTORS/CO2 INSPECTIONS .  SOLD AS IS.    BONUS TO SELLING AGENT************see details.
Unit Size
1,547 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$87
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1956

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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 #71789642)

Price History

Date / Event Date Event Price
May 14, 2015 Sold
Premium
Sold
Feb 4, 2015 Listed by Coldwell Banker Residential Brokerage - Longmeadow $135,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Feb 6, 2008 Sold
Premium
Sold
May 8, 2007 Listed by Coldwell Banker Residential Brokerage - Longmeadow $179,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Dec 10, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,173
  • Total Building Area: 1,547
  • Gross Building Area: 1,547
  • Building Area: 1,547
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,547
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000302
  • 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: 12280036
  • Parcel: SPRI S:01228 P:0036
  • Municipality: SPRINGFIELD
  • Latitude: 42.1202
  • Longitude: -72.5176

    Address

  • Full Address: 87 Bellwood Rd
  • Address - House Number: 87
  • Address - Street Name: Bellwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2421
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $338,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 272,188
  • High Value: 331,134
  • Low Value: 213,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,700
  • Assessed Land Value: $50,900
  • Assessed Improvements Value: $147,800

    Sales

  • Current Sale Recording Date: May 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 24156
  • Previous Sale Recording Date: Feb 06, 2008
  • Previous Sale Amount: $177,000
  • 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:

$324,999

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1240 ft²

Average Home Age

53.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71789642

Frequently Asked Questions

When was property at 87 Bellwood Road built and last sold?
The property at 87 Bellwood Road was built in 1956 and last sold on Jan 1, 1970 for $121,500.
How much is this home worth?
The estimated value of the home located at 87 Bellwood Road is $152,507.
What are some comparable homes to 87 Bellwood Road?
There are currently no comparable homes to 87 Bellwood Road.
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