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Springfield 01118 East Forest Park
175 Roosevelt Ave
$175,000
● House - Off Market

175 Roosevelt Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,142 Ft²
$242,646
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Great potential for this 7 room, 3 bedroom, 2.5 bath colonial home.  This spacious colonial boasts large rooms with hardwood floors and extra space with the sun room and partially finished basement.  The first floor features a large Living Room with hardwood floors and a fireplace, large eat in kitchen, formal dining room with built in hutch, a wonderful sun room, and a half bath with laundry.  The second floor has three large bedrooms with hardwood floors and two bathrooms.  The master bedroom suite has a master bath and a walk in closet.
Unit Size
2,142 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$82
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1939

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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 #72619056)

Price History

Date / Event Date Event Price
Jul 29, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Sears Real Estate, Inc. $175,000
Listed by Sears Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,751
  • Total Building Area: 2,030
  • Gross Building Area: 2,030
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 103600685
  • Parcel: SPRI S:10360 P:0685
  • Municipality: SPRINGFIELD
  • Latitude: 42.0952
  • Longitude: -72.5373

    Address

  • Full Address: 175 Roosevelt Ave
  • Address - House Number: 175
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1547
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $359,400

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 274,315
  • High Value: 332,847
  • Low Value: 215,784

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,800
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $170,300

    Sales

  • Current Sale Contract Date: Jul 22, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 222712
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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72619056

Frequently Asked Questions

When was property at 175 Roosevelt Avenue built and last sold?
The property at 175 Roosevelt Avenue was built in 1939 and last sold on Jul 22, 2020 for $175,000.
How much is this home worth?
The estimated value of the home located at 175 Roosevelt Avenue is $192,648.
What are some comparable homes to 175 Roosevelt Avenue?
There are currently no comparable homes to 175 Roosevelt Avenue.
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