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Springfield 01108 Forest Park
143 Draper St
$244,000
● House - Off Market

143 Draper St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,664 Ft²
$243,590
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to Forest Park! This 2005 built Colonial is looking for its new owner. Upon entry you are met with a large living room with hardwood floors, this wraps around to the full kitchen with tile flooring, a slider to the rear deck, and a half bathroom. This also connects your attached 1 car garage for easy access. Upstairs you will find 3 sizable bedrooms with wall to wall carpet. The main bedroom also features its own full bathroom with tiled floors, as well as a large closet space. The second floor also offers an additional full bathroom. Out back you will find a wood deck, and a nice level rear yard. Don't miss your opportunity to buy this newer built Colonial valued under some neighborhood sales. Some cosmetic improvements would greatly improve the value! Call today to scheduled your appointment.
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$147
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
2005

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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 #73134565)

Price History

Date / Event Date Event Price
Oct 19, 2023 Sold
Premium
Sold
Aug 24, 2023 In contract -
In contract
Jul 11, 2023 Listed by Coldwell Banker Realty - Western MA $244,500
Listed by Coldwell Banker Realty - Western MA
Jan 3, 2020 Sold
Premium
Sold
Apr 14, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,664
  • Gross Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • 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: 802601

Zoning

  • Zoning: R2

Geography

  • Account Number: 40800085
  • Parcel: SPRI S:04080 P:0085
  • Municipality: SPRINGFIELD
  • Latitude: 42.0793
  • Longitude: -72.5502

    Address

  • Full Address: 143 Draper St
  • Address - House Number: 143
  • Address - Street Name: Draper
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C011
  • 4-Digit Zip Code: 2910
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $443,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 297,443
  • High Value: 362,319
  • Low Value: 232,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,900
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $224,800

    Sales

  • Current Sale Contract Date: Oct 17, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49669
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Dec 18, 2019
  • Previous Sale Amount: $219,600
  • Previous Sale Document Type: 34
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:

$353,950

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2790 ft²

Average Home Age

96.4 years

Currently For Sale

59 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# 73134565

Frequently Asked Questions

When was property at 143 Draper Street built and last sold?
The property at 143 Draper Street was built in 2005 and last sold on Oct 17, 2023 for $244,000.
How much is this home worth?
The estimated value of the home located at 143 Draper Street is $248,315.
What are some comparable homes to 143 Draper Street?
There are currently no comparable homes to 143 Draper Street.
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