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Springfield 01119 Sixteen Acres
94 Northway Dr
$245,000
● House - Off Market

94 Northway Dr

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
1 Bath
square feet
960 Ft²
$256,590
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Your search is over!!!!  Here is a Beautiful 3brs, 1 undated bath and eat in kitchen. Central Air conditioning was put in 2010.   Stainless steel Stove, refrigerator, microwave, washer, dryer, freezer and 2nd refrigerator in basement, to remain.  Recess lighting in LR and basement.  Security system will remain, just needs to be activated. Sliding doors leading onto a beautiful deck to enjoy with families and friends, overlooking a fenced backyard. 4 parking spaces in driveway.  Hot water tank 2018 has warranty can be transferred over.  Solar panel on roof - 2007.  200 Amps.  Lots of potential.  Lawn mower negotiable.  Text listing agent for appointment and code.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$259
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1955

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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 #73065604)

Price History

Date / Event Date Event Price
Mar 15, 2023 Sold
Premium
Sold
Feb 7, 2023 In contract -
In contract
Dec 16, 2022 Listed by Gallagher Real Estate $249,000
Listed by Gallagher Real Estate
Jul 26, 2007 Sold
Premium
Sold
May 3, 2007 Listed by Gallagher Real Estate $139,900
Listed by Gallagher Real Estate
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 11,661
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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: 91480021
  • Parcel: SPRI S:09148 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.1238
  • Longitude: -72.514

    Address

  • Full Address: 94 Northway Dr
  • Address - House Number: 94
  • Address - Street Name: Northway
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C041
  • 4-Digit Zip Code: 2124
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,000

    Appraisal Valuation

  • Standard Deviation: 0.2045
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 257,545
  • High Value: 310,216
  • Low Value: 204,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,700
  • Assessed Land Value: $50,200
  • Assessed Improvements Value: $154,500

    Sales

  • Current Sale Contract Date: Mar 15, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11658
  • Previous Sale Recording Date: Jul 26, 2007
  • Previous Sale Amount: $144,900
  • 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# 73065604

Frequently Asked Questions

When was property at 94 Northway Drive built and last sold?
The property at 94 Northway Drive was built in 1955 and last sold on Mar 15, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 94 Northway Drive is $245,266.
What are some comparable homes to 94 Northway Drive?
There are currently no comparable homes to 94 Northway Drive.
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