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Springfield 01118 East Forest Park
157 Gillette Avenue
Photo of 157 Gillette Avenue
Sold on Apr 29, 2025

41

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Photo of 157 Gillette Avenue
Photo of 157 Gillette Avenue
$250,000
● House - Off Market

157 Gillette Avenue

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,352 Ft²
$1,747
Est. Monthly
7.41%
Cap Rate

About This Property

Open house cancelled. On desirable Gillette Avenue you will find this charming cape home ready for your ideas. Bright and sunny first floor has a living room with fireplace, dining room, and kitchen. Once upon a time the garage was converted to a third bedroom with a half bath. This space is currently being used as an office. Upstairs are two good-sized bedrooms and a full bath.  A sweet enclosed porch off of the kitchen will provide space to enjoy many activities, whether solo or social entertaining. Nice shed in the backyard to store your tools. Vinyl sided for easy maintenance. Come and take a look at your next home!
Unit Size
1,352 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$207
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1941

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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: 2 years ago (MLSPIN #73341260)

Price History

Date / Event Date Event Price
Apr 29, 2025 Sold
Premium
Sold
Mar 22, 2025 In contract -
In contract
Mar 5, 2025 Listed $279,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7,514
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    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: 56600110
  • Parcel: SPRI S:05660 P:0110
  • Municipality: SPRINGFIELD
  • Latitude: 42.0957
  • Longitude: -72.5337

    Address

  • Full Address: 157 Gillette Ave
  • Address - House Number: 157
  • Address - Street Name: Gillette
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1559
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,300

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 288,085
  • High Value: 339,925
  • Low Value: 236,245

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,300
  • Assessed Land Value: $40,100
  • Assessed Improvements Value: $198,200
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

1535 ft²

Average Home Age

77.4 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: 2 years ago
Data Source: MLS PIN, MLS# 73341260

Frequently Asked Questions

When was property at 157 Gillette Avenue built and last sold?
The property at 157 Gillette Avenue was built in 1941 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 157 Gillette Avenue is $0.
What are some comparable homes to 157 Gillette Avenue?
There are currently no comparable homes to 157 Gillette Avenue.
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