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Springfield 01108 Forest Park
17 Stratford Ter
$226,000
● House - Off Market

17 Stratford Ter

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,707 Ft²
$290,501
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

For the first time in nearly 30 years, this gorgeous colonial home on a terraced street in Springfield's Forest Park neighborhood can be yours! Pride of ownership is apparent throughout the house...detail work like beamed ceilings and hardwood floors showcase the era in which it was built, and yet updates like replacement windows and granite countertops offer today's modern conveniences. With six bedrooms and two and a half full baths, there's plenty of room for family and company alike. And the deck and patio out back will provide you with private outdoor space in the fenced-in yard. Come take a look today as this home won't stay on the market for long!
Unit Size
2,707 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$79
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1919

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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 #72682698)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jun 30, 2020 Listed by Sears Real Estate, Inc. $214,900
Listed by Sears Real Estate, Inc.
Jul 15, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 6,273
  • Total Building Area: 2,575
  • Gross Building Area: 2,575
  • Building Area: 2,575
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,575
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 802300

Zoning

  • Zoning: R1

Geography

  • Account Number: 112200017
  • Parcel: SPRI S:11220 P:0017
  • Municipality: SPRINGFIELD
  • Latitude: 42.0904
  • Longitude: -72.5522

    Address

  • Full Address: 17 Stratford Ter
  • Address - House Number: 17
  • Address - Street Name: Stratford
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2212
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $438,700

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 327,749
  • High Value: 394,098
  • Low Value: 261,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,300
  • Assessed Land Value: $28,300
  • Assessed Improvements Value: $229,000

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56130
  • Previous Sale Recording Date: Jul 15, 1991
  • Previous Sale Amount: $125,000
  • 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 Forest Park

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3053 ft²

Average Home Age

96.4 years

Currently For Sale

57 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72682698

Frequently Asked Questions

When was property at 17 Stratford Terrace built and last sold?
The property at 17 Stratford Terrace was built in 1919 and last sold on Aug 13, 2020 for $226,000.
How much is this home worth?
The estimated value of the home located at 17 Stratford Terrace is $217,946.
What are some comparable homes to 17 Stratford Terrace?
There are currently no comparable homes to 17 Stratford Terrace.
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