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Springfield 01108 Forest Park
14 Riverview Ter
$238,000
● House - Off Market

14 Riverview Ter

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,026 Ft²
$317,672
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Come home to this 10 room 6 bedroom home on a beautiful terraced street in the Historic District of Forest Park.  All the charm and character you'd expect in a historic home with wood floors throughout and an easy flowing floorplan.  The generous Living Room with a fireplace is a perfect place to entertain your guest,  The formal Dining Room is ideal for holiday celebrations or a casual dinner. The Master Bedroom features a fireplace for snuggling up on a cozy night.  Loads of room to spread out in this home weather its up to the bedrooms on the third floor or to the office in the basement.  You will find this home just right for you!
Unit Size
3,026 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$78
Property Type
House
Property Taxes
$349
HOA Dues
-
Year Built
1912

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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 #72665783)

Price History

Date / Event Date Event Price
Sep 1, 2020 Sold
Premium
Sold
Jun 2, 2020 Listed by Sears Real Estate, Inc. $235,000
Listed by Sears Real Estate, Inc.
Aug 22, 2003 Sold
Premium
Sold
May 9, 2003 Listed by Sears Real Estate, Inc. $194,900
Listed by Sears Real Estate, Inc.
Jun 1, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,667
  • Total Building Area: 3,044
  • Gross Building Area: 3,044
  • Building Area: 3,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 102870003
  • Parcel: SPRI S:10287 P:0003
  • Municipality: SPRINGFIELD
  • Latitude: 42.086
  • Longitude: -72.5741

    Address

  • Full Address: 14 Riverview Ter
  • Address - House Number: 14
  • Address - Street Name: Riverview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1604
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,100

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 343,556
  • High Value: 413,105
  • Low Value: 274,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,800
  • Assessed Land Value: $36,400
  • Assessed Improvements Value: $243,400

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49029
  • Previous Sale Recording Date: Aug 22, 2003
  • Previous Sale Amount: $192,000
  • 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:

$354,900

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2658 ft²

Average Home Age

97 years

Currently For Sale

60 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# 72665783

Frequently Asked Questions

When was property at 14 Riverview Terrace built and last sold?
The property at 14 Riverview Terrace was built in 1912 and last sold on Sep 1, 2020 for $238,000.
How much is this home worth?
The estimated value of the home located at 14 Riverview Terrace is $235,473.
What are some comparable homes to 14 Riverview Terrace?
There are currently no comparable homes to 14 Riverview Terrace.
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