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Springfield 01118 East Forest Park
209 Island Pond Rd
$170,000
● House - Off Market

209 Island Pond Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$247,613
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Looking for a rare ranch in this area? This home is move in ready. Has new stainless stove, fridge and dishwasher. Hardwood is refinished and new laminate flooring. Very modern kitchen and bath. Has central air conditioning, a large breezeway, low cost gas heat and hot water.  Outside is perfect for cookouts and pets have a fenced yard to run around. House has a finished room in half the basement. Home has new lighting and a roof that looks good. Vinyl sided exterior and good highway access.  Easy to show. Hot area and hard to find one floor living.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$151
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1954

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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 #72281358)

Price History

Date / Event Date Event Price
Mar 30, 2018 Sold
Premium
Sold
Feb 14, 2018 Listed by Royal Real Estate Service $159,900
Listed by Royal Real Estate Service
Dec 28, 2017 Sold
Premium
Sold
Aug 29, 2017 Listed by Royal Real Estate Service $94,000
Listed by Royal Real Estate Service
Oct 27, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 69900170
  • Parcel: SPRI S:06990 P:0170
  • Municipality: SPRINGFIELD
  • Latitude: 42.0991
  • Longitude: -72.5504

    Address

  • Full Address: 209 Island Pond Rd
  • Address - House Number: 209
  • Address - Street Name: Island Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 1034
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,200

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 290,213
  • High Value: 346,635
  • Low Value: 233,792

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,500
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $181,400

    Sales

  • Current Sale Recording Date: Mar 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16659
  • Previous Sale Recording Date: Dec 28, 2017
  • Previous Sale Amount: $94,000
  • Previous Sale Document Type: O
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

51

Average Home Size

1536 ft²

Average Home Age

74.2 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 72281358

Frequently Asked Questions

When was property at 209 Island Pond Road built and last sold?
The property at 209 Island Pond Road was built in 1954 and last sold on Jan 1, 1970 for $170,000.
How much is this home worth?
The estimated value of the home located at 209 Island Pond Road is $163,658.
What are some comparable homes to 209 Island Pond Road?
There are currently no comparable homes to 209 Island Pond Road.
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