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Springfield 01118 East Forest Park
22 Roosevelt Ave
$310,000
● House - Off Market

22 Roosevelt Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,517 Ft²
$274,250
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome home to this charming 3 bedroom,1.5 bath cape at a convenient location in Springfield.  The spacious living room features a cozy fireplace, perfect for relaxing with family and friends, kitchen with stainless steel appliances & granite counter tops and half bath on the main level. Upstairs are 3 good sized bedrooms including an oversized master bedroom and full bath.  Additional features include a 2nd fireplace in the basement, fenced-in yard,  single car garage.  This home is priced to sell, don't miss it!
Unit Size
1,517 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$181
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1937

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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 #73101572)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
May 18, 2023 In contract -
In contract
Apr 20, 2023 Listed by The Graveline Group, LLC $275,000
Listed by The Graveline Group, LLC
Sep 8, 2017 Sold
Premium
Sold
Jun 22, 2017 Listed by The Graveline Group, LLC $174,900
Listed by The Graveline Group, LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,517
  • Gross Building Area: 1,517
  • Building Area: 1,517
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,517
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 103600004
  • Parcel: SPRI S:10360 P:0004
  • Municipality: SPRINGFIELD
  • Latitude: 42.091
  • Longitude: -72.5372

    Address

  • Full Address: 22 Roosevelt Ave
  • Address - House Number: 22
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 2055
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 298,314
  • High Value: 357,947
  • Low Value: 238,681

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $249,200
  • Assessed Land Value: $40,100
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: Jul 25, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 234329
  • Previous Sale Recording Date: Sep 08, 2017
  • Previous Sale Amount: $175,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73101572

Frequently Asked Questions

When was property at 22 Roosevelt Avenue built and last sold?
The property at 22 Roosevelt Avenue was built in 1937 and last sold on Jul 25, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 22 Roosevelt Avenue is $275,137.
What are some comparable homes to 22 Roosevelt Avenue?
There are currently no comparable homes to 22 Roosevelt Avenue.
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