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Springfield 01118 East Forest Park
218 Arcadia Blvd
$188,500
● House - Off Market

218 Arcadia Blvd

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$372,700
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Beautiful  8 room cape in East Forest Park Neighborhood. Many renovations including both bathrooms, and a four season room added to the kitchen. Four season room leads into the backyard,  making this a great space for  entertaining .Backyard  extends down to the water. Basement is partially finished with a large closet for extra storage. Newer furnace and roof. Kitchen appliances to remain. Call and schedule a showing today!
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$98
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1952

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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 #71741693)

Price History

Date / Event Date Event Price
Jan 7, 2015 Sold
Premium
Sold
Sep 11, 2014 Listed by Dot Lortie Realty / Landmark $199,900
Listed by Dot Lortie Realty / Landmark
Oct 28, 1998 Sold
Premium
Sold
Aug 20, 1998 Listed by Dot Lortie Realty / Landmark $127,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 10,855
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000249
  • 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: 5600044
  • Parcel: SPRI S:00560 P:0044
  • Municipality: SPRINGFIELD
  • Latitude: 42.1022
  • Longitude: -72.5497

    Address

  • Full Address: 218 Arcadia Blvd
  • Address - House Number: 218
  • Address - Street Name: Arcadia
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 1016
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $560,100

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 345,881
  • High Value: 414,486
  • Low Value: 277,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,500
  • Assessed Land Value: $46,400
  • Assessed Improvements Value: $282,100

    Sales

  • Current Sale Recording Date: Jan 07, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 641
  • Previous Sale Recording Date: Oct 28, 1998
  • Previous Sale Amount: $121,000
  • 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

$227

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1546 ft²

Average Home Age

73.3 years

Currently For Sale

22 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# 71741693

Frequently Asked Questions

When was property at 218 Arcadia Boulevard built and last sold?
The property at 218 Arcadia Boulevard was built in 1952 and last sold on Jan 1, 1970 for $188,000.
How much is this home worth?
The estimated value of the home located at 218 Arcadia Boulevard is $212,197.
What are some comparable homes to 218 Arcadia Boulevard?
There are currently no comparable homes to 218 Arcadia Boulevard.
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