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Springfield 01118 East Forest Park
18 Vail Street
$123,000
● House - Off Market

18 Vail Street

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$229,590
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

At today's rates this one will go quickly...Move-in Ready East Forest Park Cape style home located on a pretty tree lined street. A Few Updates: 2 FHA GAS Heating Systems, Central A/C, Replacement Windows, Kitchen Cabinets, Bath (Bathroom Fitters), Trex Decking, New Rebuilt Chimney, New Garage Door, Freshly Painted Garage, and more. Hardwood floors in all living areas except bathroom. There is an office/study just off the living room. Dining room could be changed back to a 4th bedroom. Basement has its own heating system and thermostat; it is partially finished with a knotty pine ornamental fireplace mantle - a great area for family room, work-out area or recreation room. Stove, dishwasher, washer and dryer remain (as is) for buyers use. Rear yard fenced in.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$126
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1940

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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 #71720244)

Price History

Date / Event Date Event Price
Apr 13, 2015 Sold
Premium
Sold
Jul 28, 2014 Listed by LAER Realty Partners $127,000
Listed by LAER Realty Partners
Sep 30, 1999 Sold
Premium
Sold
Jul 7, 1999 Listed by LAER Realty Partners $77,900
Listed by LAER Realty Partners

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 100
  • 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: 5,998
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 117850004
  • Parcel: SPRI S:11785 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.0897
  • Longitude: -72.5365

    Address

  • Full Address: 18 Vail St
  • Address - House Number: 18
  • Address - Street Name: Vail
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C049
  • 4-Digit Zip Code: 2161
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $324,000

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 246,349
  • High Value: 296,847
  • Low Value: 195,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,000
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $145,400

    Sales

  • Current Sale Recording Date: Apr 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17592
  • Previous Sale Recording Date: Sep 30, 1999
  • Previous Sale Amount: $70,000
  • 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 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

1535 ft²

Average Home Age

77.4 years

Currently For Sale

25 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# 71720244

Frequently Asked Questions

When was property at 18 Vail Street built and last sold?
The property at 18 Vail Street was built in 1940 and last sold on Jan 1, 1970 for $123,000.
How much is this home worth?
The estimated value of the home located at 18 Vail Street is $130,892.
What are some comparable homes to 18 Vail Street?
There are currently no comparable homes to 18 Vail Street.
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