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Springfield 01118 East Forest Park
113 Wheeler Ave
$215,000
● House - Off Market

113 Wheeler Ave

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,253 Ft²
$241,972
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This cute, suburban home features four bedrooms, two full baths, and is conveniently located a stones throw from anything and everything you could need, including schools, shopping, entertainment, and more! The open kitchen boasts ample counter space, and leads into a living area with beautiful wood flooring and plenty of natural light. The second floor includes a variety of bedrooms, both carpeted and wood floored, and a pair of sharp-looking full bathrooms. Best of all, this home comes equipped with a spacious, finished basement, and large fenced-in yard. So, whether you want to host a cookout during the Summer months, or have a game night when things cool down, this property is versatile enough to handle it all! Call now to schedule your private tour showing!
Unit Size
1,253 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$172
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1951

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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 years ago (MLSPIN #72875084)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Aug 2, 2021 Listed by Landmark, REALTORS® $215,000
Listed by Landmark, REALTORS®

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 12,502
  • Total Building Area: 1,446
  • Gross Building Area: 1,446
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 122050051
  • Parcel: SPRI S:12205 P:0051
  • Municipality: SPRINGFIELD
  • Latitude: 42.0933
  • Longitude: -72.5381

    Address

  • Full Address: 113 Wheeler Ave
  • Address - House Number: 113
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1549
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,100

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 291,808
  • High Value: 354,072
  • Low Value: 229,544

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,500
  • Assessed Land Value: $41,800
  • Assessed Improvements Value: $198,700

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 228254
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

1530 ft²

Average Home Age

77.3 years

Currently For Sale

25 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 years ago
Data Source: MLS PIN, MLS# 72875084

Frequently Asked Questions

When was property at 113 Wheeler Avenue built and last sold?
The property at 113 Wheeler Avenue was built in 1951 and last sold on Oct 29, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 113 Wheeler Avenue is $0.
What are some comparable homes to 113 Wheeler Avenue?
There are currently no comparable homes to 113 Wheeler Avenue.
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