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Springfield 01118 East Forest Park
1540 Sumner Avenue
Photo of 1540 Sumner Avenue
Sold on Nov 20, 2008

1

Map

$172,000
● House - Off Market

1540 Sumner Avenue

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,248 Ft²
$366,393
RealtyHop Estimate
103.66%
Since Dec 1, 2008
National-US
Primary Model

About This Property

Nicely redone, this spacious home in desirable East Forest Park features, a new architectural shingle roof, new carpeting, new paint, new lighting fixtures,new hot water heater Italian ceramic tile, a dual heating system, central air conditioning, finished basement with a possible summer kitchen, sliders to a rear deck, beautiful landscaping with white stone accents, circular driveway for easy access, an established garden area, dog run, garden shed, grape arbor, fruit trees and much much more.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$144
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1986

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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 #70800523)

Price History

Date / Event Date Event Price
Nov 19, 2008 Sold
Premium
Sold
Aug 1, 2008 Listed $179,900
Listed
Jun 20, 2008 Sold
Premium
Sold
Apr 22, 2008 Listed $129,900
Listed
Feb 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 2,073
  • Gross Building Area: 2,073
  • Building Area: 2,073
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,073
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 112800266
  • Parcel: SPRI S:11280 P:0266
  • Municipality: SPRINGFIELD
  • Latitude: 42.0937
  • Longitude: -72.5215

    Address

  • Full Address: 1540 Sumner Ave
  • Address - House Number: 1540
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1780
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $441,100

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 313,741
  • High Value: 371,724
  • Low Value: 255,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $258,700
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $209,700

    Sales

  • Current Sale Recording Date: Nov 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 74494
  • Previous Sale Recording Date: Jun 20, 2008
  • Previous Sale Amount: $120,000
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 70800523

Frequently Asked Questions

When was property at 1540 Sumner Avenue built and last sold?
The property at 1540 Sumner Avenue was built in 1986 and last sold on Jan 1, 1970 for $172,000.
How much is this home worth?
The estimated value of the home located at 1540 Sumner Avenue is $182,621.
What are some comparable homes to 1540 Sumner Avenue?
There are currently no comparable homes to 1540 Sumner Avenue.
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