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Springfield 01108 Forest Park
115 Bronson Ter
$144,000
● House - Off Market

115 Bronson Ter

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,966 Ft²
$249,790
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

This house has been totally renovated from top to bottom and offered at an affordable price.  Huge useable back yard for the kids.  Home could be use as a 4 or 5 bed with an office.  Great for a large family. New kitchen with stainless steel appliances, new bathrooms and all the floors have been redone.  Home also has a newer gas heating system.  1 year home warranty offer with an accepted offer within 21 days of listing.
Unit Size
1,966 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$74
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71884309)

Price History

Date / Event Date Event Price
Apr 26, 2016 Sold
Premium
Sold
Aug 5, 2015 Listed by Next Level Realty $145,000
Listed by Next Level Realty
Jun 9, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 14,039
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000322
  • 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: 19400043
  • Parcel: SPRI S:01940 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.0776
  • Longitude: -72.5583

    Address

  • Full Address: 115 Bronson Ter
  • Address - House Number: 115
  • Address - Street Name: Bronson
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2626
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $496,500

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 337,344
  • High Value: 410,924
  • Low Value: 263,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,200
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $252,900

    Sales

  • Current Sale Recording Date: Apr 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22979
  • Previous Sale Recording Date: Jun 09, 2015
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: O
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:

$350,000

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2780 ft²

Average Home Age

93.2 years

Currently For Sale

58 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# 71884309

Frequently Asked Questions

When was property at 115 Bronson Terrace built and last sold?
The property at 115 Bronson Terrace was built in 1930 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 115 Bronson Terrace is $159,097.
What are some comparable homes to 115 Bronson Terrace?
There are currently no comparable homes to 115 Bronson Terrace.
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