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Springfield 01118 East Forest Park
178 Gillette Avenue
$203,000
● House - Off Market

178 Gillette Avenue

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,275 Ft²
$317,253
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model

About This Property

This wonderful Colonial with great bones is in a desirable neighborhood of East Forest Park and it's in move in ready condition! The first floor has shiny hardwood floors and an open layout with a smooth flow from room to room. Updated kitchen with beautiful cabinets, countertops, and backsplash will have all your friends jealous. Upstairs will also wow you with 3 large bedrooms, one with a master bedroom on-suite, remodeled bathroom, and more shiny hardwood floors. The basement is partially finished and makes a great addition to this already amazing home. Enjoy making memories with your friends and family on the large deck over-looking the fenced-in backyard for many years to come. Some updates include: newer roof, remodeled bathroom, paint, etc.
Unit Size
2,275 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$88
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1926

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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 #72228590)

Price History

Date / Event Date Event Price
Jul 13, 2021 Sold
Premium
Sold
May 21, 2021 Listed by NRG Real Estate Services, Inc. $289,900
Listed by NRG Real Estate Services, Inc.
Nov 30, 2017 Sold
Premium
Sold
Sep 14, 2017 Listed by NRG Real Estate Services, Inc. $200,000
Listed by NRG Real Estate Services, Inc.
Feb 26, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 2,275
  • Gross Building Area: 2,275
  • Building Area: 2,275
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,275
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LYNDON TERRACE
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 56600033
  • Parcel: SPRI S:05660 P:0033
  • Municipality: SPRINGFIELD
  • Latitude: 42.0962
  • Longitude: -72.5344

    Address

  • Full Address: 178 Gillette Ave
  • Address - House Number: 178
  • Address - Street Name: Gillette
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1520
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 333,176
  • High Value: 397,497
  • Low Value: 268,854

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,700
  • Assessed Land Value: $39,700
  • Assessed Improvements Value: $225,000

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 48354
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Amount: $203,000
  • Previous Sale Document Type: 71
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72228590

Frequently Asked Questions

When was property at 178 Gillette Avenue built and last sold?
The property at 178 Gillette Avenue was built in 1926 and last sold on Jul 13, 2021 for $295,000.
How much is this home worth?
The estimated value of the home located at 178 Gillette Avenue is $299,258.
What are some comparable homes to 178 Gillette Avenue?
There are currently no comparable homes to 178 Gillette Avenue.
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