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Springfield 01118 East Forest Park
221 Chalmers St
$139,900
● House - Off Market

221 Chalmers St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,155 Ft²
$248,302
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

East Forest Park gem. This home features 3 bedrooms, 1 on the first floor and 2 on the second, hardwoods through out  an eat in kitchen and a large living room that could include a dining area. There is new vinyl siding, replacement windows, 6 panel interior doors and the home has been freshly painted. you will enjoy the 3 season room with new skylight. You will enjoy the yard which is a double lot on the same deed.
Unit Size
1,155 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$121
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1936

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71766032)

Price History

Date / Event Date Event Price
Aug 10, 2015 Sold
Premium
Sold
Nov 6, 2014 Listed by Santaniello Real Estate $139,900
Listed by Santaniello Real Estate
May 4, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • 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: 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,155
  • Gross Building Area: 1,155
  • Building Area: 1,155
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,155
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 25900044
  • Parcel: SPRI S:02590 P:0044
  • Municipality: SPRINGFIELD
  • Latitude: 42.0979
  • Longitude: -72.5298

    Address

  • Full Address: 221 Chalmers St
  • Address - House Number: 221
  • Address - Street Name: Chalmers
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1617
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 261,689
  • High Value: 308,779
  • Low Value: 214,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,800
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $163,900

    Sales

  • Current Sale Recording Date: Aug 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 43358
  • Previous Sale Recording Date: May 04, 1998
  • Previous Sale Amount: $87,000
  • 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

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1450 ft²

Average Home Age

72.1 years

Currently For Sale

25 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: 5 months ago
Data Source: MLS PIN, MLS# 71766032

Frequently Asked Questions

When was property at 221 Chalmers Street built and last sold?
The property at 221 Chalmers Street was built in 1936 and last sold on Jan 1, 1970 for $139,900.
How much is this home worth?
The estimated value of the home located at 221 Chalmers Street is $148,156.
What are some comparable homes to 221 Chalmers Street?
There are currently no comparable homes to 221 Chalmers Street.
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