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Springfield 01108 Forest Park
244 Allen St
$210,000
● House - Off Market

244 Allen St

Springfield, MA 01108
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,716 Ft²
$261,454
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

This large comfy Colonial sits on a double lot offering three floors, four bedrooms and 1.5 bathrooms. The first floor offers a generous eat-in kitchen, first floor laundry and mudroom off the kitchen. Also on the first floor you will find a spacious dining room and living room with hardwood floors under the carpet. Enjoy the expansive three season porch in the front and smaller porch in the back. The second floor includes three bedrooms and an updated bathroom. Extra space on the third floor includes an additional fourth bedroom and huge storage room. The sizable fenced-in yard is great for entertaining family and friend gatherings. Call for a showing today.
Unit Size
1,716 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$116
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1906

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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 years ago (MLSPIN #72736910)

Price History

Date / Event Date Event Price
Dec 16, 2020 Sold
Premium
Sold
Oct 3, 2020 Listed by eXp Realty $199,000
Listed by eXp Realty
Nov 15, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 14
  • 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: 4,704
  • Total Building Area: 1,822
  • Gross Building Area: 1,822
  • Building Area: 1,822
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,822
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: 802300

Zoning

  • Zoning: R2

Geography

  • Account Number: 2800068
  • Parcel: SPRI S:00280 P:0068
  • Municipality: SPRINGFIELD
  • Latitude: 42.0941
  • Longitude: -72.5547

    Address

  • Full Address: 244 Allen St
  • Address - House Number: 244
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1951
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,700

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 194,427
  • High Value: 228,472
  • Low Value: 160,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,400
  • Assessed Land Value: $27,000
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Dec 02, 2020
  • Current Sale Recording Date: Dec 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 75729
  • Previous Sale Recording Date: Nov 15, 1996
  • Previous Sale Amount: $78,500
  • 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 Forest Park

Stats & Trends

Median Asking:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2780 ft²

Average Home Age

93.2 years

Currently For Sale

58 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: 4 years ago
Data Source: MLS PIN, MLS# 72736910

Frequently Asked Questions

When was property at 244 Allen Street built and last sold?
The property at 244 Allen Street was built in 1906 and last sold on Dec 2, 2020 for $210,000.
How much is this home worth?
The estimated value of the home located at 244 Allen Street is $0.
What are some comparable homes to 244 Allen Street?
There are currently no comparable homes to 244 Allen Street.
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