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Springfield 01108 Forest Park
10 Fairfield Street
$272,000
● House - Off Market

10 Fairfield Street

Springfield, MA 01108
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,389 Ft²
$283,186
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Don't miss this Colonial in the Heart of the Forest Park Historic Heights neighborhood!!!  This home is ready for you to move right in and enjoy it's special and classic features, including, lots of Natural Woodwork, Stunning Inlaid Hardwood Floors (just Refinished!!!), Pocket Doors, Ornately Carved Fireplace Mantel, Stained Glass Window in the Entry Hall Door, some Beamed Ceilings, Built-in China Cabinet in the Dining Room, and a Built-in Linen Cabinet in the second floor hallway.
Unit Size
3,389 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$81
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1900

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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 #72922099)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Nov 20, 2021 Listed by Sears Real Estate, Inc. $275,000
Listed by Sears Real Estate, Inc.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,686
  • Total Building Area: 3,157
  • Gross Building Area: 3,157
  • Building Area: 3,157
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,157
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 48500002
  • Parcel: SPRI S:04850 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.0862
  • Longitude: -72.5687

    Address

  • Full Address: 10 Fairfield St
  • Address - House Number: 10
  • Address - Street Name: Fairfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2002
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484,600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 348,924
  • High Value: 411,712
  • Low Value: 286,136

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,200
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $248,100

    Sales

  • Current Sale Contract Date: Mar 02, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13251
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 Forest Park

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2935 ft²

Average Home Age

94.5 years

Currently For Sale

60 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# 72922099

Frequently Asked Questions

When was property at 10 Fairfield Street built and last sold?
The property at 10 Fairfield Street was built in 1900 and last sold on Mar 2, 2022 for $272,000.
How much is this home worth?
The estimated value of the home located at 10 Fairfield Street is $277,839.
What are some comparable homes to 10 Fairfield Street?
There are currently no comparable homes to 10 Fairfield Street.
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