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Springfield 01108 Forest Park
198 Shawmut St
$150,000
● House - Off Market

198 Shawmut St

Springfield, MA 01108
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,296 Ft²
$226,759
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Expect to be impressed!  Mrs Clean lives here!!  This one owner home has been lovingly cared for and updated throughout the years.  You will enjoy the L-shaped closed in porch for 3 seasons, the eat in kitchen that has newer flooring (2 yrs old, APO), either 2 1st floor bedrooms or use one as a formal dining room.  The carpeting is spotless but has hardwood floor underneath for buyers discretion.  The 2nd floor is a surprise (public records has it as a 2 bedroom) with 2 bedrooms and a full bath.  The basement is finished for more living space.  The yard is meticulous and is totally fenced in.  Please don't miss out on this lovely home.
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$116
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1951

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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 #72352301)

Price History

Date / Event Date Event Price
Aug 22, 2018 Sold
Premium
Sold
Jun 24, 2018 Listed by Park Square Realty $149,900
Listed by Park Square Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 5,001
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 107650037
  • Parcel: SPRI S:10765 P:0037
  • Municipality: SPRINGFIELD
  • Latitude: 42.0777
  • Longitude: -72.5503

    Address

  • Full Address: 198 Shawmut St
  • Address - House Number: 198
  • Address - Street Name: Shawmut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 2965
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $369,300

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 262,099
  • High Value: 319,267
  • Low Value: 204,932

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,600
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $181,500

    Sales

  • Current Sale Recording Date: Aug 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50028
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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2935 ft²

Average Home Age

94.5 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: 4 months ago
Data Source: MLS PIN, MLS# 72352301

Frequently Asked Questions

When was property at 198 Shawmut Street built and last sold?
The property at 198 Shawmut Street was built in 1951 and last sold on Jan 1, 1970 for $150,000.
How much is this home worth?
The estimated value of the home located at 198 Shawmut Street is $153,785.
What are some comparable homes to 198 Shawmut Street?
There are currently no comparable homes to 198 Shawmut Street.
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