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Springfield 01108 Forest Park
118 Carver St
$156,000
● House - Off Market

118 Carver St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,459 Ft²
$194,450
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Not to be missed, darling old style home in Forest Park with 1,459 SF of living space.  Home has large remodeled kitchen with tiled floor, tumbled tile backsplash, pantry closet and all appliances.  Hardwood floors throughout home, including living room, dining room and bedrooms; most in great condition, some needing refinishing.  Dining room has built-in corner hutch and kitchen has pantry area converted to first floor laundry.  Three bedrooms and a full bath on second floor with hardwood floors and two additional small rooms used in past as a nursery and office.  There is plenty of older wallpaper (peeling and chipping) and while home has replacement windows, vinyl siding, an updated circuit breaker box, the home still requires updates.
Unit Size
1,459 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$110
Property Type
House
Property Taxes
$276
HOA Dues
-
Year Built
1921

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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 #72801566)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jun 28, 2021 Listed by Right Key Realty Inc. $249,000
Listed by Right Key Realty Inc.
Apr 8, 2021 Sold
Premium
Sold
Mar 21, 2021 Listed by Right Key Realty Inc. $159,900
Listed by Right Key Realty Inc.
Sep 2, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • 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: 16
  • 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: 198
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,473
  • Gross Building Area: 1,473
  • Building Area: 1,473
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 802601

Zoning

  • Zoning: R2

Geography

  • Account Number: 24500022
  • Parcel: SPRI S:02450 P:0022
  • Municipality: SPRINGFIELD
  • Latitude: 42.08
  • Longitude: -72.5492

    Address

  • Full Address: 118 Carver St
  • Address - House Number: 118
  • Address - Street Name: Carver
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2879
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $471,400
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 303,766
  • High Value: 365,261
  • Low Value: 242,272

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,500
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $241,400

    Sales

  • Current Sale Contract Date: Aug 20, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58809
  • Previous Sale Recording Date: Apr 08, 2021
  • Previous Sale Contract Date: Apr 07, 2021
  • Previous Sale Amount: $156,000
  • 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:

$351,500

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

3039 ft²

Average Home Age

96.2 years

Currently For Sale

56 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# 72801566

Frequently Asked Questions

When was property at 118 Carver Street built and last sold?
The property at 118 Carver Street was built in 1921 and last sold on Aug 20, 2021 for $251,000.
How much is this home worth?
The estimated value of the home located at 118 Carver Street is $0.
What are some comparable homes to 118 Carver Street?
There are currently no comparable homes to 118 Carver Street.
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