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Springfield 01118 East Forest Park
229 Chalmers Street
$149,500
● House - Off Market

229 Chalmers Street

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,106 Ft²
$265,898
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Perfectly Charming Cape-Cod Style home located in the desirable neighborhood of East Forest Park. This home features beautiful vinyl siding, insulated windows/storm doors, a cozy fireplace, updated bath, newer boiler (2007 apo), security system, gleaming hardwood flrs, and MASS SAVE insulated! The home office is perfect for a 3rd bdrm and has new wall to wall carpet. You will also enjoy the extra space in the partially finished basement.  Spend your evenings entertaining friends and family in your fully vinyl fenced and professionally landscaped backyard. Call for your private showing today...
Unit Size
1,106 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$136
Property Type
House
Property Taxes
$222
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 #71889988)

Price History

Date / Event Date Event Price
Oct 14, 2015 Sold
Premium
Sold
Aug 15, 2015 Listed by Sears Real Estate, Inc. $149,900
Listed by Sears Real Estate, Inc.
May 16, 2012 Sold
Premium
Sold
Oct 6, 2011 Listed by Sears Real Estate, Inc. $149,900
Listed by Sears Real Estate, Inc.

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: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 5,001
  • Total Building Area: 1,106
  • Gross Building Area: 1,106
  • Building Area: 1,106
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,106
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OVERLOOK PARK
  • Land Acres: 0000000115
  • 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: 25900042
  • Parcel: SPRI S:02590 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.0981
  • Longitude: -72.5298

    Address

  • Full Address: 229 Chalmers St
  • Address - House Number: 229
  • 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: $370,000

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 273,999
  • High Value: 332,463
  • Low Value: 215,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,000
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $178,700

    Sales

  • Current Sale Recording Date: Oct 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 57656
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Amount: $132,000
  • Previous Sale Document Type: 71
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

1535 ft²

Average Home Age

77.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71889988

Frequently Asked Questions

When was property at 229 Chalmers Street built and last sold?
The property at 229 Chalmers Street was built in 1937 and last sold on Jan 1, 1970 for $149,500.
How much is this home worth?
The estimated value of the home located at 229 Chalmers Street is $153,863.
What are some comparable homes to 229 Chalmers Street?
There are currently no comparable homes to 229 Chalmers Street.
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