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Springfield 01118 East Forest Park
254 Island Pond Rd
Photo of 254 Island Pond Rd
Sold on Jul 25, 2025

26

Map

Photo of 254 Island Pond Rd
Photo of 254 Island Pond Rd
$395,000
● House - Off Market

254 Island Pond Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,695 Ft²
$2,395
Est. Monthly
5.29%
Cap Rate

About This Property

Welcome to this nearly 1,700 sq ft ranch in desirable East Forest Park, built in 2011 with an open floor plan perfect for modern living. Featuring 3 bedrooms, 2 full baths, first-floor laundry, central air, and generous closet space and pantry. Enjoy the custom kitchen with granite countertops, ceramic tile, and a beautiful cabinet package. The 2-car garage enters through a breezeway for added convenience. Updated, energy-efficient mechanicals mean maintenance-free living for years to come. The spacious basement offers high ceilings, ideal for future finishing. Outside, relax on the patio, enjoy the large yard, and take advantage of the storage shed. Walk to the East Forest Park neighborhood library, schools, and parks-plus easy access to shopping and dining!
Unit Size
1,695 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$230
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
2011

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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: 2 years ago (MLSPIN #73388208)

Price History

Date / Event Date Event Price
Jul 25, 2025 Sold
Premium
Sold
Jun 27, 2025 In contract -
In contract
Jun 10, 2025 Listed $389,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,257
  • Total Building Area: 1,695
  • Gross Building Area: 1,695
  • Building Area: 1,695
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,695
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 69900060
  • Parcel: SPRI S:06990 P:0060
  • Municipality: SPRINGFIELD
  • Latitude: 42.1004
  • Longitude: -72.5511

    Address

  • Full Address: 254 Island Pond Rd
  • Address - House Number: 254
  • Address - Street Name: Island Pond
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 1036
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $549,700

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 348,357
  • High Value: 411,042
  • Low Value: 285,671

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,400
  • Assessed Land Value: $47,600
  • Assessed Improvements Value: $274,800
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

$225

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1425 ft²

Average Home Age

72.7 years

Currently For Sale

31 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: 2 years ago
Data Source: MLS PIN, MLS# 73388208

Frequently Asked Questions

When was property at 254 Island Pond Road built and last sold?
The property at 254 Island Pond Road was built in 2011 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 254 Island Pond Road is $0.
What are some comparable homes to 254 Island Pond Road?
There are currently no comparable homes to 254 Island Pond Road.
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