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Springfield 01118 East Forest Park
25 Burnside Terrace
$129,500
● House - Off Market

25 Burnside Terrace

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,116 Ft²
$215,118
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

This great Cape has been owned by the same family for many years. Located on a quiet street but  offers easy access to highways, shopping and more. The first floor features a large living room with hardwood floor, a dining room with built ins, kitchen, a full bath and a bedroom. The second floor has two large bedrooms with built ins and a half bath. The basement is partially finished with a recreation room for additional living space. Central air and gas heat. Newer replacement windows and water heater. The back yard is fenced in with a storage shed. Very easy to show. Call today!
Unit Size
1,116 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$121
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1950

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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 #72199877)

Price History

Date / Event Date Event Price
Aug 25, 2017 Sold
Premium
Sold
Jul 18, 2017 Listed by Real Living Realty Professionals, LLC $134,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 100
  • 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: 7,344
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 1,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,116
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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: 21200031
  • Parcel: SPRI S:02120 P:0031
  • Municipality: SPRINGFIELD
  • Latitude: 42.0898
  • Longitude: -72.5349

    Address

  • Full Address: 25 Burnside Ter
  • Address - House Number: 25
  • Address - Street Name: Burnside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2121
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312,700
  • Initial Tax Delinquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 242,221
  • High Value: 293,905
  • Low Value: 190,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,400
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $138,300

    Sales

  • Current Sale Contract Date: Aug 23, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 211799
  • Previous Sale Recording Date: Jul 21, 2008
  • Previous Sale Document Type: 48
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

1531 ft²

Average Home Age

78.2 years

Currently For Sale

26 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72199877

Frequently Asked Questions

When was property at 25 Burnside Terrace built and last sold?
The property at 25 Burnside Terrace was built in 1950 and last sold on Aug 23, 2017 for $126,500.
How much is this home worth?
The estimated value of the home located at 25 Burnside Terrace is $140,581.
What are some comparable homes to 25 Burnside Terrace?
There are currently no comparable homes to 25 Burnside Terrace.
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