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Springfield 01108 Forest Park
141 Forest Park Ave
$55,000
● House - Off Market

141 Forest Park Ave

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,855 Ft²
$99,101
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

HIGHEST AND BEST OFFERS DUE BY APRIL 24 AT 5;00 P.M. PLEASE HAVE BUYERS SIGN ATTACHED FORM. REO owned enormous  Colonial in the Historic Forest Park Area.. 3% in Closing costs offered to owner occupied buyers (restrictions apply) and $500 towards buyers home warranty of their choice (Restrictions apply).   Offers must have preapproval letter  or proof of funds. Easy to show!!!
Unit Size
3,855 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$13
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1909

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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: 4 months ago (MLSPIN #71512274)

Price History

Date / Event Date Event Price
Jan 28, 2021 Sold
Premium
Sold
Dec 7, 2020 Listed by Universal Real Estate Services, Inc. $199,999
Listed by Universal Real Estate Services, Inc.
May 22, 2013 Sold
Premium
Sold
Apr 20, 2013 Listed by Universal Real Estate Services, Inc. $49,900
Listed by Universal Real Estate Services, Inc.
May 28, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 2
  • 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: 117
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,708
  • Total Building Area: 3,401
  • Gross Building Area: 3,401
  • Building Area: 3,401
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,401
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: 52800098
  • Parcel: SPRI S:05280 P:0098
  • Municipality: SPRINGFIELD
  • Latitude: 42.087
  • Longitude: -72.5707

    Address

  • Full Address: 141 Forest Park Ave
  • Address - House Number: 141
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2005
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 296,074
  • High Value: 360,652
  • Low Value: 231,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,200
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $169,100

    Sales

  • Current Sale Contract Date: Jan 21, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 6449
  • Previous Sale Recording Date: May 22, 2013
  • Previous Sale Amount: $55,000
  • 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 Forest Park

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2935 ft²

Average Home Age

94.5 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: 4 months ago
Data Source: MLS PIN, MLS# 71512274

Frequently Asked Questions

When was property at 141 Forest Park Avenue built and last sold?
The property at 141 Forest Park Avenue was built in 1909 and last sold on Jan 21, 2021 for $197,999.
How much is this home worth?
The estimated value of the home located at 141 Forest Park Avenue is $196,244.
What are some comparable homes to 141 Forest Park Avenue?
There are currently no comparable homes to 141 Forest Park Avenue.
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