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Springfield 01108 Forest Park
175 Forest Park Ave
$235,000
● House - Off Market

175 Forest Park Ave

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,685 Ft²
$317,520
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Lots of charm and character in this 11 room  historic home located in the Forest Park Heights Historic District.   They just don't build this charm anymore.  This home offers an elegant first floor with a warm welcoming foyer with fireplace to greet your guests.  The home features hardwood floors through out and natural woodwork on the first floor.  The second floor boasts four bedrooms and an enclosed porch off the back for your enjoyment.  Need more room?- Expand to the third floor for two more bedrooms and a full bath.  This home also,  comes with a built in pool in the back yard plus a two car garage.  You'll love living here!
Unit Size
3,685 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$62
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1901

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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 #72631155)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Sears Real Estate, Inc. $229,000
Listed by Sears Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 10,507
  • Total Building Area: 3,220
  • Gross Building Area: 3,220
  • Building Area: 3,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,220
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 52800092
  • Parcel: SPRI S:05280 P:0092
  • Municipality: SPRINGFIELD
  • Latitude: 42.0863
  • Longitude: -72.5698

    Address

  • Full Address: 175 Forest Park Ave
  • Address - House Number: 175
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2031
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $447,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2102
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 71
  • Final Value: 336,437
  • High Value: 407,176
  • Low Value: 265,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,200
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $225,000

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41795
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

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2658 ft²

Average Home Age

97 years

Currently For Sale

60 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# 72631155

Frequently Asked Questions

When was property at 175 Forest Park Avenue built and last sold?
The property at 175 Forest Park Avenue was built in 1901 and last sold on Jul 30, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 175 Forest Park Avenue is $231,870.
What are some comparable homes to 175 Forest Park Avenue?
There are currently no comparable homes to 175 Forest Park Avenue.
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