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Springfield 01108 Forest Park
16 Mayfield Street
$220,000
● House - Off Market

16 Mayfield Street

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$313,751
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

This adorable remodeled home has so much to offer, 6 rooms, 3 bedrooms, a fully screened in porch that was redone in 2018, Partially finished basement as your bonus room was done in 2018, One car garage with new garage door put in 2017, The large living room boasts a gas insert in the fireplace with remote put in 2017, The heating system in 2017, and hot water heater in 2016.The Central air was done too.. This well kept home with many upgrades is a must see. This home is located in a quite neighborhood, close to East Longmeadow and Franconia Golf Course! Sellers are leaving the TV in the family room, along with all appliances! Don't miss this....
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$171
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #72643069)

Price History

Date / Event Date Event Price
May 29, 2020 Sold
Premium
Sold
Apr 11, 2020 Listed by Real Living Realty Professionals, LLC $222,000
Listed by Real Living Realty Professionals, LLC
May 15, 2015 Sold
Premium
Sold
Apr 3, 2015 Listed by Real Living Realty Professionals, LLC $153,250
Listed by Real Living Realty Professionals, LLC
Aug 1, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 84150003
  • Parcel: SPRI S:08415 P:0003
  • Municipality: SPRINGFIELD
  • Latitude: 42.0744
  • Longitude: -72.5394

    Address

  • Full Address: 16 Mayfield St
  • Address - House Number: 16
  • Address - Street Name: Mayfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3534
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $372,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 283,969
  • High Value: 341,456
  • Low Value: 226,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,200
  • Assessed Land Value: $39,600
  • Assessed Improvements Value: $178,600

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27416
  • Previous Sale Recording Date: May 15, 2015
  • Previous Sale Amount: $165,250
  • Previous Sale Document Type: O
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:

$350,000

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2964 ft²

Average Home Age

95.5 years

Currently For Sale

56 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# 72643069

Frequently Asked Questions

When was property at 16 Mayfield Street built and last sold?
The property at 16 Mayfield Street was built in 1948 and last sold on May 29, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 16 Mayfield Street is $224,068.
What are some comparable homes to 16 Mayfield Street?
There are currently no comparable homes to 16 Mayfield Street.
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