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Springfield 01108 Forest Park
123 Appleton St
$240,000
● House - Off Market

123 Appleton St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$253,167
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Location! Location! Come check out this Charming 3 Bedroom Cape Style home located in a  Forest Park Neighborhood! Immaculate Location on a Well Maintained Street! One mile to Longmeadow Town Line and Walking Distance to Forest Park! This home offers 3 Bedrooms, 1 Bathroom with a Fenced in Yard and BONUS Bar in the Basement with Plenty of Storage available! With Solid Brick Construction it is very Energy Efficient! It has Central Air with forced Hot Air (Gas). There is a Newer Roof, Windows, Electric Service, Driveway and Screened Gutters with two Fireplaces! Additionally, There is a NEW Water Heater! Plus the Potential for a 4th Bedroom Upstairs!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$218
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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 #73035031)

Price History

Date / Event Date Event Price
Nov 28, 2022 Sold
Premium
Sold
Sep 29, 2022 In contract -
In contract
Sep 10, 2022 Listed by Gallagher Real Estate $239,900
Listed by Gallagher Real Estate
Sep 10, 2009 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,344
  • Gross Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,344
  • 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: R1

Geography

  • Account Number: 5300037
  • Parcel: SPRI S:00530 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.0769
  • Longitude: -72.5513

    Address

  • Full Address: 123 Appleton St
  • Address - House Number: 123
  • Address - Street Name: Appleton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2945
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $365,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 295,478
  • High Value: 321,175
  • Low Value: 269,781

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,100
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $175,800

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 69462
  • Previous Sale Recording Date: Sep 10, 2009
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 27
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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

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# 73035031

Frequently Asked Questions

When was property at 123 Appleton Street built and last sold?
The property at 123 Appleton Street was built in 1950 and last sold on Nov 28, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 123 Appleton Street is $241,819.
What are some comparable homes to 123 Appleton Street?
There are currently no comparable homes to 123 Appleton Street.
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