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Springfield 01119 Sixteen Acres
99 Bacon Rd
$305,000
● House - Off Market

99 Bacon Rd

Springfield, MA 01119
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,202 Ft²
$294,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

WELCOME HOME! This adorable 3-bed, 2-bath ranch has updated kitchen and bathrooms, new and updated flooring, fresh paint throughout, and newer roof! Master bedroom is complete with a master bath. The pool table in the basement will remain for your enjoyment!  Glass sliding doors off the kitchen/dining area lead to the back deck, overlooking the private backyard with a storage shed. Triple pane windows for extra insulation. With a convenient location just around the corner from Western New England University and close to area amenities and highway access, this house is ready and waiting for the right buyer to make it a HOME! Due to a multiple offer situation, seller is requesting all offers be submitted by 5pm Monday October 9, 2023 for their review.
Unit Size
1,202 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$245
Property Type
House
Property Taxes
$307
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: 5 months ago (MLSPIN #73166450)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Oct 13, 2023 In contract -
In contract
Oct 4, 2023 Listed by Cornerstone Realty, LLC $294,900
Listed by Cornerstone Realty, LLC

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: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,450
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 801601

Zoning

  • Zoning: R1

Geography

  • Account Number: 8700085
  • Parcel: SPRI S:00870 P:0085
  • Municipality: SPRINGFIELD
  • Latitude: 42.1105
  • Longitude: -72.5191

    Address

  • Full Address: 99 Bacon Rd
  • Address - House Number: 99
  • Address - Street Name: Bacon
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2803
  • Zip Code: 01119

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 283,306
  • High Value: 342,495
  • Low Value: 224,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,700
  • Assessed Land Value: $49,700
  • Assessed Improvements Value: $166,000

    Sales

  • Current Sale Contract Date: Nov 08, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 54912
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:

$319,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1366 ft²

Average Home Age

55.7 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 73166450

Frequently Asked Questions

When was property at 99 Bacon Road built and last sold?
The property at 99 Bacon Road was built in 1956 and last sold on Nov 8, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 99 Bacon Road is $300,414.
What are some comparable homes to 99 Bacon Road?
There are currently no comparable homes to 99 Bacon Road.
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