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Springfield 01118 East Forest Park
24 Abbott St
$145,000
● House - Off Market

24 Abbott St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,570 Ft²
$236,355
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Under Agreement PENDING Appraisal. Totally renovated - this home is in MOVE IN condition. Enjoy the old charm AND the convenience of All brand new mechanicals.  Brand new furnace. Brand new hot water heater.  Brand new fridge.  Brand new stove. Brand new Microwave. New counter tops. New floors.  Freshly painted walls and ceiling's throughout the house. Replacement windows  even in the basement.   Beautiful Hardwood Flooring throughout, First floor offers spacious rooms, living room with custom built mantle around wood burning fireplace and a versatile layout. One car garage + additional off-street parking.    Completely Fenced Back yard.  Come make it yours soon.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$95
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1930

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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 #72259389)

Price History

Date / Event Date Event Price
Jan 9, 2018 Sold
Premium
Sold
Nov 29, 2017 Listed by The Real Estate Market Center $149,800
Listed by The Real Estate Market Center
Aug 1, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 130
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,988
  • Total Building Area: 1,570
  • Gross Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,570
  • 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: 200005
  • Parcel: SPRI S:00020 P:0005
  • Municipality: SPRINGFIELD
  • Latitude: 42.0921
  • Longitude: -72.5315

    Address

  • Full Address: 24 Abbott St
  • Address - House Number: 24
  • Address - Street Name: Abbott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1601
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $307,900

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 257,334
  • High Value: 312,242
  • Low Value: 202,426

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,600
  • Assessed Land Value: $38,300
  • Assessed Improvements Value: $142,300

    Sales

  • Current Sale Recording Date: Jan 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1397
  • Previous Sale Recording Date: Aug 01, 2017
  • Previous Sale Amount: $60,000
  • 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

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# 72259389

Frequently Asked Questions

When was property at 24 Abbott Street built and last sold?
The property at 24 Abbott Street was built in 1930 and last sold on Jan 1, 1970 for $145,000.
How much is this home worth?
The estimated value of the home located at 24 Abbott Street is $162,459.
What are some comparable homes to 24 Abbott Street?
There are currently no comparable homes to 24 Abbott Street.
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