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Springfield 01118 East Forest Park
109 Pinecrest Dr
$325,000
● House - Off Market

109 Pinecrest Dr

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,418 Ft²
$339,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Tucked away on a quiet short dead end street and backing up to a wooded paper street that abuts City of Springfield conservation land, sits this sparkling clean split level which has been owned and meticulously maintained by the same family since 1978.  Bright large living room with fireplace and picture window ready to entertain your holiday guests, opens to a spacious dining room worthy of a specially prepared meal.  Both have carpet with Hardwood below. Nice kitchen with lots of cabinets, dining area, and appliances remaining.  Three spacious bedrooms all with hardwood flooring and main bedroom has two double closets.   Lower level family room with half bath. Spacious screened porch and a back yard abutting woods with views and wildlife.  This one is not to be missed.  Call today for a private showing.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$240
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1959

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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 #73155324)

Price History

Date / Event Date Event Price
Nov 17, 2023 Sold
Premium
Sold
Oct 11, 2023 In contract -
In contract
Sep 5, 2023 Listed by Coldwell Banker Realty - Western MA $339,900
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,168
  • Gross Building Area: 1,168
  • Building Area: 1,168
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,168
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 97300042
  • Parcel: SPRI S:09730 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.0954
  • Longitude: -72.5267

    Address

  • Full Address: 109 Pinecrest Dr
  • Address - House Number: 109
  • Address - Street Name: Pinecrest
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1741
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,000

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 340,049
  • High Value: 369,623
  • Low Value: 310,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,900
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $206,600

    Sales

  • Current Sale Contract Date: Nov 17, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 54949
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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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# 73155324

Frequently Asked Questions

When was property at 109 Pinecrest Drive built and last sold?
The property at 109 Pinecrest Drive was built in 1959 and last sold on Nov 17, 2023 for $325,000.
How much is this home worth?
The estimated value of the home located at 109 Pinecrest Drive is $341,922.
What are some comparable homes to 109 Pinecrest Drive?
There are currently no comparable homes to 109 Pinecrest Drive.
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