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Springfield 01118 East Forest Park
114 Arcadia Blvd
$367,000
● House - Off Market

114 Arcadia Blvd

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,366 Ft²
$402,076
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Vacation every day in this beautiful waterfront property. Architect designed with open floor plan & gorgeous views from your bay windows. This home has so much to offer including granite counter tops, hardwood floors, multi floor decks and a calming setting. Imagine watching the sunsets while relaxing on your decks. Brand new driveway just paved featuring 3+ off road parking spots and additional parking in the garage. A true gem you don't find often in the city. Come take a look for yourself. Make your appointment today!
Unit Size
2,366 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$160
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1930

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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 #73045859)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Oct 7, 2022 Listed by Right Key Realty Inc. $379,000
Listed by Right Key Realty Inc.
Mar 18, 2022 Sold
Premium
Sold
Dec 18, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 200
  • 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: 10,659
  • Total Building Area: 2,267
  • Gross Building Area: 2,267
  • Building Area: 2,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • 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: 5600165
  • Parcel: SPRI S:00560 P:0165
  • Municipality: SPRINGFIELD
  • Latitude: 42.1004
  • Longitude: -72.553

    Address

  • Full Address: 114 Arcadia Blvd
  • Address - House Number: 114
  • Address - Street Name: Arcadia
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 1014
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $574,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 358,825
  • High Value: 390,228
  • Low Value: 327,421

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,000
  • Assessed Land Value: $46,300
  • Assessed Improvements Value: $290,700

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70392
  • Previous Sale Recording Date: Mar 18, 2022
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $291,000
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: ADJ
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

1531 ft²

Average Home Age

78.2 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73045859

Frequently Asked Questions

When was property at 114 Arcadia Boulevard built and last sold?
The property at 114 Arcadia Boulevard was built in 1930 and last sold on Dec 1, 2022 for $367,000.
How much is this home worth?
The estimated value of the home located at 114 Arcadia Boulevard is $388,442.
What are some comparable homes to 114 Arcadia Boulevard?
There are currently no comparable homes to 114 Arcadia Boulevard.
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