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Springfield 01118 East Forest Park
127 Shady Brook Ln
$195,000
● House - Off Market

127 Shady Brook Ln

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,432 Ft²
$277,171
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Well maintained Home on good sized lot has large living room  area with fireplace & door to private back yard. Master bedroom has a half bath and there are additional finished rooms in basement. Other features include central air, hardwood floors and detached garage. This house is not for rent.
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$140
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1958

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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 #72654760)

Price History

Date / Event Date Event Price
Jul 17, 2020 Sold
Premium
Sold
May 12, 2020 Listed by First Place Realty $199,900
Listed by First Place Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 107300083
  • Parcel: SPRI S:10730 P:0083
  • Municipality: SPRINGFIELD
  • Latitude: 42.0899
  • Longitude: -72.5182

    Address

  • Full Address: 127 Shady Brook Ln
  • Address - House Number: 127
  • Address - Street Name: Shady Brook
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2431
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,900

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 293,186
  • High Value: 355,744
  • Low Value: 230,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,000
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $185,600

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38541
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

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1535 ft²

Average Home Age

77.4 years

Currently For Sale

25 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72654760

Frequently Asked Questions

When was property at 127 Shady Brook Lane built and last sold?
The property at 127 Shady Brook Lane was built in 1958 and last sold on Jul 14, 2020 for $195,000.
How much is this home worth?
The estimated value of the home located at 127 Shady Brook Lane is $204,389.
What are some comparable homes to 127 Shady Brook Lane?
There are currently no comparable homes to 127 Shady Brook Lane.
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