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Springfield 01118 East Forest Park
1383 Sumner Ave
$215,000
● House - Off Market

1383 Sumner Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,079 Ft²
$244,068
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This is the one you've been waiting for! Will not last long. Amenities galore! 3 Bedroom w/closets, (One is currently set up as a dining room) Full Bath, Over-sized Living Room, Sunny Kitchen, Walk-Up Attic, Hardwood Floors, Full Basement 1/2 is finished and boasts a beautiful stone faced wet bar (GREAT FOR ENTERTAINING). The other half of basement is the Laundry Room and will include Washer & Dryer as well as the Hurley & David Heat/Central Air, Humidifier, Dehumidifier Air Quality System with multiple filters for future use. Home also includes Stainless Steel Refrigerator and Stove, Microwave, New Granite Sink with Garbage Disposal, Formica Counter-Tops, Outdoor Sprinkler System, Attached Garage w/ automatic door opener AND a Backyard Storage Shed! Commuter Dream! Close to all major highways and shopping!
Unit Size
1,079 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$199
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1965

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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 #72813595)

Price History

Date / Event Date Event Price
Sep 3, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by CP Property Group, LLC $215,000
Listed by CP Property Group, LLC
Mar 31, 2021 No longer available -
No longer available
Mar 23, 2021 Relisted $215,000
Relisted
Mar 11, 2021 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,079
  • Gross Building Area: 1,079
  • Building Area: 1,079
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,079
  • 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: 112800280
  • Parcel: SPRI S:11280 P:0280
  • Municipality: SPRINGFIELD
  • Latitude: 42.0919
  • Longitude: -72.5268

    Address

  • Full Address: 1383 Sumner Ave
  • Address - House Number: 1383
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1764
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 263,232
  • High Value: 319,398
  • Low Value: 207,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,300
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $173,000

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62331
  • Previous Sale Recording Date: Apr 13, 1979
  • Previous Sale Amount: $35,900
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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: 5 years ago
Data Source: MLS PIN, MLS# 72813595

Frequently Asked Questions

When was property at 1383 Sumner Avenue built and last sold?
The property at 1383 Sumner Avenue was built in 1965 and last sold on Sep 3, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 1383 Sumner Avenue is $0.
What are some comparable homes to 1383 Sumner Avenue?
There are currently no comparable homes to 1383 Sumner Avenue.
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