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Springfield 01119 Sixteen Acres
94 Creswell Dr
$108,000
● House - Off Market

94 Creswell Dr

Springfield, MA 01119
bedrooms
2 Beds
bathrooms
1 Bath
square feet
846 Ft²
$204,743
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Nothing to do but move in to this beautiful cozy ranch nestled in the quiet community of sixteen acres, yet close to all area amenities.  Only minutes from Western New England University.  This affordable freshly updated home has new paint, newer vinyl siding and windows, 6 yr old roof as well as a 95%  energy efficient furnace (all APO) to help keep those utility bills down. You'll also enjoy the nicely finished wood floors and updated bathroom and kitchen with newer appliances (APO).  Don't let the size fool you, the partially finished basement provides additional living space to accommodate your needs.  All of this with a good sized yard for those summer barbecues will have you singing the hallelujah chorus. Don't wait on this one.
Unit Size
846 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$130
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1954

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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 #71671079)

Price History

Date / Event Date Event Price
Sep 24, 2014 Sold
Premium
Sold
Apr 28, 2014 Listed by Keller Williams Realty $110,000
Listed by Keller Williams Realty
May 16, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 12,175
  • Total Building Area: 846
  • Gross Building Area: 846
  • Building Area: 846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 846
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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: 34250022
  • Parcel: SPRI S:03425 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.1202
  • Longitude: -72.5169

    Address

  • Full Address: 94 Creswell Dr
  • Address - House Number: 94
  • Address - Street Name: Creswell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C051
  • 4-Digit Zip Code: 2428
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $330,900

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 246,486
  • High Value: 299,865
  • Low Value: 193,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,100
  • Assessed Land Value: $50,500
  • Assessed Improvements Value: $143,600

    Sales

  • Current Sale Recording Date: Sep 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47374
  • Previous Sale Recording Date: May 16, 2003
  • Previous Sale Amount: $55,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71671079

Frequently Asked Questions

When was property at 94 Creswell Drive built and last sold?
The property at 94 Creswell Drive was built in 1954 and last sold on Jan 1, 1970 for $108,000.
How much is this home worth?
The estimated value of the home located at 94 Creswell Drive is $115,478.
What are some comparable homes to 94 Creswell Drive?
There are currently no comparable homes to 94 Creswell Drive.
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