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Springfield 01108 Forest Park
119 Marengo Park
$227,500
● House - Off Market

119 Marengo Park

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,945 Ft²
$1,455
Est. Monthly

About This Property

Forest Park Heights Historic District - This 7 Room, 3 Bedroom, 1.5 bath home is located on a great dead end terraced street,  This home features hardwood floors throughout.  The first floor has a living room, kitchen, formal dining room, half bath as well as a cozy family room and a screened in porch. The second floor has three bedrooms, three season porch and a full bath.  The master bedroom has a fireplace.
Unit Size
1,945 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$116
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1920

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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 #73172101)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Oct 25, 2023 In contract -
In contract
Oct 19, 2023 Listed by Sears Real Estate, Inc. $225,000
Listed by Sears Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 181
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,530
  • Total Building Area: 1,945
  • Gross Building Area: 1,945
  • Building Area: 1,945
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,945
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000150
  • 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: 802200

Zoning

  • Zoning: R1

Geography

  • Account Number: 82500027
  • Parcel: SPRI S:08250 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.0907
  • Longitude: -72.5676

    Address

  • Full Address: 119 Marengo Park
  • Address - House Number: 119
  • Address - Street Name: Marengo
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1735
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 281,538
  • High Value: 345,460
  • Low Value: 217,616

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,100
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $210,100

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57868
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73172101

Frequently Asked Questions

When was property at 119 Marengo Park built and last sold?
The property at 119 Marengo Park was built in 1920 and last sold on Nov 30, 2023 for $227,500.
How much is this home worth?
The estimated value of the home located at 119 Marengo Park is $236,199.
What are some comparable homes to 119 Marengo Park?
There are currently no comparable homes to 119 Marengo Park.
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