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Springfield 01108 Forest Park
15 Irene St
$305,000
● House - Off Market

15 Irene St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,706 Ft²
$275,361
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Your home search ends here! From the great-sized kitchen with upgraded cabinets & stainless steel appliances to the sun-drenched living room with hardwood floors & fireplace, this adorable ranch will feel like HOME as soon as you step inside. Three bedrooms on the main level with hardwood flooring. Working from home will be no problem with the home office in the lower level (could also be used as a 4th bedroom). Bonus space in the basement is well suited for an additional family room, game room, playroom... the list goes on! Comes with a great-sized attached garage and a large fenced yard, perfect opportunity to put your "green thumb" to work! Conveniently located near many amenities and easy access to 91. Welcome home!
Unit Size
1,706 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$161
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1957

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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 #73109683)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 13, 2023 In contract -
In contract
May 10, 2023 Listed by Real Broker MA, LLC $274,900
Listed by Real Broker MA, LLC
Jun 5, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Real Broker MA, LLC $222,000
Listed by Real Broker MA, LLC
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,467
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 802602

Zoning

  • Zoning: R1

Geography

  • Account Number: 69630033
  • Parcel: SPRI S:06963 P:0033
  • Municipality: SPRINGFIELD
  • Latitude: 42.0713
  • Longitude: -72.539

    Address

  • Full Address: 15 Irene St
  • Address - House Number: 15
  • Address - Street Name: Irene
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3531
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,100

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 294,805
  • High Value: 354,487
  • Low Value: 235,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $41,100
  • Assessed Improvements Value: $184,200

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28661
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: May 29, 2020
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 71
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

$160

Below Asking

0.01%

Average Days on Market

61

Average Home Size

2988 ft²

Average Home Age

97 years

Currently For Sale

58 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# 73109683

Frequently Asked Questions

When was property at 15 Irene Street built and last sold?
The property at 15 Irene Street was built in 1957 and last sold on Jun 23, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 15 Irene Street is $279,609.
What are some comparable homes to 15 Irene Street?
There are currently no comparable homes to 15 Irene Street.
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