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Springfield 01118 East Forest Park
14 Benz St
$175,000
● House - Off Market

14 Benz St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,448 Ft²
$297,056
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Freshly Remodelled 3 bedroom 1F 1H bath in East Forest Park. Enter into gleaming hardwood floors throughout, Large livingroom with newly lined fireplace. Updated kitchen features new granite counter tops with tiled backsplash and wood Cabinets. New stainless steel Appliances.  Large dining room with sliders to new wood deck. First floor boast a large laundry room, large pantry, and updated half bath 1/2 Bath with tiled floor.   2nd floor features 3 large bedrooms, over sized closets, harwood floors.  Full bath updated with new vanity and tiled floors.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$121
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1931

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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 #72029405)

Price History

Date / Event Date Event Price
May 18, 2021 Sold
Premium
Sold
Apr 8, 2021 Listed by Real Living Realty Professionals, LLC $249,900
Listed by Real Living Realty Professionals, LLC
Jun 25, 2016 Listed by Real Living Realty Professionals, LLC $175,000
Listed by Real Living Realty Professionals, LLC
Jun 24, 2016 Sold
Premium
Sold
Jan 7, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,448
  • Gross Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,448
  • 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: 13000003
  • Parcel: SPRI S:01300 P:0003
  • Municipality: SPRINGFIELD
  • Latitude: 42.092
  • Longitude: -72.5306

    Address

  • Full Address: 14 Benz St
  • Address - House Number: 14
  • Address - Street Name: Benz
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1606
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,600

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 310,972
  • High Value: 374,716
  • Low Value: 247,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,000
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $220,700

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34116
  • Previous Sale Recording Date: Jun 24, 2016
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: O
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

$227

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1582 ft²

Average Home Age

73.3 years

Currently For Sale

20 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 months ago
Data Source: MLS PIN, MLS# 72029405

Frequently Asked Questions

When was property at 14 Benz Street built and last sold?
The property at 14 Benz Street was built in 1931 and last sold on May 18, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 14 Benz Street is $253,474.
What are some comparable homes to 14 Benz Street?
There are currently no comparable homes to 14 Benz Street.
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