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Springfield 01108 Forest Park
16 Riverview Street
$90,000
● House - Off Market

16 Riverview Street

Springfield, MA 01108
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,948 Ft²
$362,436
RealtyHop Estimate
266.10%
Since May 1, 1997
National-US
Primary Model

About This Property

THIS HOME IS METICULOUSLY REFURBISHED INSIDE & OUT W/CONTEM PORARY DESIGN FLAIR.BELLS & WHISTLES INCLUDE C/A ALARM SYS, INGR SPRK,PROF LANDSCAPING & A THIRD FLOOR RETREAT THAT MUST BE SEEN! C0-LISTING AGENT BETTYE BRADLEY.POOL TABLE FIX EXCL
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$51
Property Type
House
Property Taxes
$116
HOA Dues
-
Year Built
1908

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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 years ago (MLSPIN #30134859)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
Apr 27, 2021 Listed $275,000
Listed
Oct 31, 2003 Sold
Premium
Sold
Jul 23, 2003 Listed $179,900
Listed
Apr 25, 1997 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,049
  • Total Building Area: 1,840
  • Gross Building Area: 1,840
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 102850004
  • Parcel: SPRI S:10285 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.0862
  • Longitude: -72.5733

    Address

  • Full Address: 16 Riverview St
  • Address - House Number: 16
  • Address - Street Name: Riverview
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 1635
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $392,800

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 297,611
  • High Value: 351,165
  • Low Value: 244,057

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,400
  • Assessed Land Value: $34,700
  • Assessed Improvements Value: $195,700

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51915
  • Previous Sale Recording Date: Oct 31, 2003
  • Previous Sale Amount: $177,500
  • 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 Forest Park

Stats & Trends

Median Asking:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2780 ft²

Average Home Age

93.2 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: 4 years ago
Data Source: MLS PIN, MLS# 30134859

Frequently Asked Questions

When was property at 16 Riverview Street built and last sold?
The property at 16 Riverview Street was built in 1908 and last sold on Jul 26, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 16 Riverview Street is $0.
What are some comparable homes to 16 Riverview Street?
There are currently no comparable homes to 16 Riverview Street.
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