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Springfield 01108 Forest Park
173 Carver
$70,000
● House - Off Market

173 Carver

Springfield, MA 01108
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,544 Ft²
$120,787
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Classic Cape with an unfinished second floor priced $45,000 below assessed value for cosmetic update needs. You can also finish off the second floor for even more value. Great Forest Park Location for just this type project. For owner occupants look into a FHA 203 K loan which lets you borrow both the funds to purchase and the funds to update the house to your taste!
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$51
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1956

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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 #72187717)

Price History

Date / Event Date Event Price
Mar 16, 2018 Sold
Premium
Sold
Jun 22, 2017 Listed by Coldwell Banker Residential Brokerage - Longmeadow $78,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Aug 1, 2016 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 6,203
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 24500055
  • Parcel: SPRI S:02450 P:0055
  • Municipality: SPRINGFIELD
  • Latitude: 42.079
  • Longitude: -72.5476

    Address

  • Full Address: 173 Carver St
  • Address - House Number: 173
  • Address - Street Name: Carver
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2757
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $318,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 233,672
  • High Value: 284,639
  • Low Value: 182,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,700
  • Assessed Land Value: $36,400
  • Assessed Improvements Value: $150,300

    Sales

  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13882
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: 34
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:

$354,900

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2906 ft²

Average Home Age

93.4 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: 4 months ago
Data Source: MLS PIN, MLS# 72187717

Frequently Asked Questions

When was property at 173 Carver Street built and last sold?
The property at 173 Carver Street was built in 1956 and last sold on Jan 1, 1970 for $70,000.
How much is this home worth?
The estimated value of the home located at 173 Carver Street is $91,960.
What are some comparable homes to 173 Carver Street?
There are currently no comparable homes to 173 Carver Street.
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