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Springfield 01118 East Forest Park
124 Powell Ave
$120,000
● House - Off Market

124 Powell Ave

Springfield, MA 01118
bedrooms
1 Bed
bathrooms
1 Bath
square feet
624 Ft²
$187,216
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Welcome home! Move right in! This adorable ranch is an excellent option for a low-maintenance lifestyle, or condo alternative. Many improvements include vinyl siding/gutters 2011, several new windows and doors 2012 & 2013, refinished hardwood flooring in the kitchen 2015, and gas water tank 2007 (APO). Home is freshly painted. Main level has versatile floor plan that could be used in many ways...kitchen with dining area, living room, bedroom, den or perhaps an office. Lower level is partially finished with two additional rooms.  Gas range, refrigerator, dishwasher, washer and dryer to remain for Buyer's enjoyment. Easy access to East Longmeadow shopping centers, major roadways and public amenities.
Unit Size
624 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$205
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1941

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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 months ago (MLSPIN #72576135)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Oct 6, 2019 Listed by Homes Logic Real Estate, LLC $127,900
Listed by Homes Logic Real Estate, LLC
Oct 21, 2015 Sold
Premium
Sold
May 12, 2015 Listed by Homes Logic Real Estate, LLC $95,000
Listed by Homes Logic Real Estate, LLC
Oct 1, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • 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: 516
  • Gross Building Area: 516
  • Building Area: 516
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 516
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 98800024
  • Parcel: SPRI S:09880 P:0024
  • Municipality: SPRINGFIELD
  • Latitude: 42.0875
  • Longitude: -72.5325

    Address

  • Full Address: 124 Powell Ave
  • Address - House Number: 124
  • Address - Street Name: Powell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2249
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $248,400

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 194,826
  • High Value: 234,762
  • Low Value: 154,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,700
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $102,600

    Sales

  • Current Sale Contract Date: Nov 25, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 69809
  • Previous Sale Recording Date: Oct 21, 2015
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 71
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

$226

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1439 ft²

Average Home Age

72.2 years

Currently For Sale

27 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: 5 months ago
Data Source: MLS PIN, MLS# 72576135

Frequently Asked Questions

When was property at 124 Powell Avenue built and last sold?
The property at 124 Powell Avenue was built in 1941 and last sold on Nov 25, 2019 for $120,000.
How much is this home worth?
The estimated value of the home located at 124 Powell Avenue is $128,140.
What are some comparable homes to 124 Powell Avenue?
There are currently no comparable homes to 124 Powell Avenue.
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