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Springfield 01118 East Forest Park
21 Hadley Street
$249,500
● House - Off Market

21 Hadley Street

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,046 Ft²
$251,837
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Great Opportunity in East Forest Park, Located in an established, quiet neighborhood Close to All Ammenities!  This 3 Bedroom Ranch style Home offers an Updated Bathroom, Hardwood Flooring, Replacement Windows throughout & Mini-Splits in Living room, Dining room & Master Bedroom. Great layout with convenient mudroom off Kitchen with Washer & Dryer Hook-ups and access to Attached Garage. Open Kitchen & Dining Area with Sliders opening to Deck, Spacious Livingroom boasts Fireplace and Picture Window for Natural light. 3 Bedrooms offering hardwood floors, nice Closet space and Ceiling Fans. Additional Living and Storage spaces in Basement including a finished room with window and closet. Outdoor Living includes private Deck, Spacious Fenced Yard with Storage shed and mature trees. Welcome Home!
Unit Size
1,046 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$239
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1955

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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 #73088359)

Price History

Date / Event Date Event Price
May 1, 2023 Sold
Premium
Sold
Mar 31, 2023 In contract -
In contract
Mar 16, 2023 Listed by The Real Estate Market Center $249,900
Listed by The Real Estate Market Center
May 28, 1969 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • 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: 0
  • 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: 8,625
  • Total Building Area: 1,046
  • Gross Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,046
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 61600054
  • Parcel: SPRI S:06160 P:0054
  • Municipality: SPRINGFIELD
  • Latitude: 42.0843
  • Longitude: -72.5277

    Address

  • Full Address: 21 Hadley St
  • Address - House Number: 21
  • Address - Street Name: Hadley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2335
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,700

    Appraisal Valuation

  • Standard Deviation: 0.2603
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 255,766
  • High Value: 322,345
  • Low Value: 189,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $273,700
  • Assessed Land Value: $45,600
  • Assessed Improvements Value: $228,100

    Sales

  • Current Sale Contract Date: Apr 22, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19559
  • Previous Sale Recording Date: May 28, 1969
  • Previous Sale Amount: $13,500
  • 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

1515 ft²

Average Home Age

77.6 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# 73088359

Frequently Asked Questions

When was property at 21 Hadley Street built and last sold?
The property at 21 Hadley Street was built in 1955 and last sold on Apr 22, 2023 for $249,500.
How much is this home worth?
The estimated value of the home located at 21 Hadley Street is $252,215.
What are some comparable homes to 21 Hadley Street?
There are currently no comparable homes to 21 Hadley Street.
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