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Springfield 01118 East Forest Park
23 Castle St
$234,000
● House - Off Market

23 Castle St

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,576 Ft²
$248,670
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Welcome home!  This 4 bedroom, 1.5 bath home has great bones and ready for its new owner to paint and update some items to make this a dream home. Large rooms and hardwood floors on the first floor. Nice size yard and deck and the bonus is that the basement is partially finished with new carpet! (Carpet on stairs getting installed this week)
Unit Size
1,576 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$146
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1914

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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 #72836736)

Price History

Date / Event Date Event Price
Jan 6, 2022 Sold
Premium
Sold
May 23, 2021 Listed by Executive Real Estate, Inc. $229,900
Listed by Executive Real Estate, Inc.
Apr 9, 2021 Sold
Premium
Sold
Jun 15, 2016 Sold
Premium
Sold
Apr 18, 2016 Listed by Executive Real Estate, Inc. $150,000
Listed by Executive Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,394
  • Gross Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,394
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 24900030
  • Parcel: SPRI S:02490 P:0030
  • Municipality: SPRINGFIELD
  • Latitude: 42.0888
  • Longitude: -72.5405

    Address

  • Full Address: 23 Castle St
  • Address - House Number: 23
  • Address - Street Name: Castle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C049
  • 4-Digit Zip Code: 2123
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 259,396
  • High Value: 310,847
  • Low Value: 207,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,600
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $161,500

    Sales

  • Current Sale Contract Date: Jan 06, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1089
  • Previous Sale Recording Date: Apr 09, 2021
  • Previous Sale Contract Date: Apr 09, 2021
  • Previous Sale Amount: $156,000
  • 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

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1443 ft²

Average Home Age

70.8 years

Currently For Sale

23 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# 72836736

Frequently Asked Questions

When was property at 23 Castle Street built and last sold?
The property at 23 Castle Street was built in 1914 and last sold on Jan 6, 2022 for $234,000.
How much is this home worth?
The estimated value of the home located at 23 Castle Street is $236,025.
What are some comparable homes to 23 Castle Street?
There are currently no comparable homes to 23 Castle Street.
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