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Springfield 01118 East Forest Park
15 Buick Street
$230,000
● House - Off Market

15 Buick Street

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,155 Ft²
$243,480
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Beautiful cape, well maintained. This home offers 2 bedrooms, 1 bath and partial finished basement with a family room. 1 car attached garage, corner lot with a private yard. 2 fire places and a small mudroom. Close to schools, grocery stores, shopping and restaurants.
Unit Size
1,155 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$199
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73057555)

Price History

Date / Event Date Event Price
Jan 12, 2023 Sold
Premium
Sold
Nov 29, 2022 In contract -
In contract
Nov 10, 2022 Listed by Lowe & Lowe Realty Co. $230,000
Listed by Lowe & Lowe Realty Co.
Jun 12, 1975 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,155
  • Gross Building Area: 1,155
  • Building Area: 1,155
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,155
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 20650013
  • Parcel: SPRI S:02065 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.0972
  • Longitude: -72.5311

    Address

  • Full Address: 15 Buick St
  • Address - House Number: 15
  • Address - Street Name: Buick
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1612
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2075
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 269,652
  • High Value: 325,612
  • Low Value: 213,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,800
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $183,900

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 2239
  • Previous Sale Recording Date: Jun 12, 1975
  • Previous Sale Amount: $27,900
  • 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

53

Average Home Size

1530 ft²

Average Home Age

77.3 years

Currently For Sale

25 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# 73057555

Frequently Asked Questions

When was property at 15 Buick Street built and last sold?
The property at 15 Buick Street was built in 1942 and last sold on Jan 12, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 15 Buick Street is $231,602.
What are some comparable homes to 15 Buick Street?
There are currently no comparable homes to 15 Buick Street.
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