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Springfield 01118 East Forest Park
264 Island Pond Rd
$220,000
● House - Off Market

264 Island Pond Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,796 Ft²
$351,399
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

GORGEOUS NEWER CONSTRUCTION LOCATED IN EAST FOREST PARK! This Colonial will impress throughout-Kitchen offers gleaming granite countertops, loads of maple cabinets, stainless steel appliances and huge center island that opens to dining area; Spacious living room with hardwood; Master bedroom includes walk in closet; 2.5 Bathrooms (including a master bath!) with double sinks, tasteful fixtures and ceramic tile flooring; Full basement ready to be finished for additional living area; central air;Great outdoor spaces to include front porch, 12X16 Trex deck that overlooks private newer fenced back yard, double wide driveway and 1 car attached garage. YOU WON'T want to miss this one!
Unit Size
1,796 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$129
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
2013

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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 #72370114)

Price History

Date / Event Date Event Price
Oct 18, 2018 Sold
Premium
Sold
Jul 29, 2018 Listed by Real Living Realty Professionals, LLC $232,000
Listed by Real Living Realty Professionals, LLC
Dec 31, 2013 Sold
Premium
Sold
Jul 29, 2013 Listed by Real Living Realty Professionals, LLC $189,900
Listed by Real Living Realty Professionals, LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,101
  • Total Building Area: 1,796
  • Gross Building Area: 1,796
  • Building Area: 1,796
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,796
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 69900061
  • Parcel: SPRI S:06990 P:0061
  • Municipality: SPRINGFIELD
  • Latitude: 42.1006
  • Longitude: -72.551

    Address

  • Full Address: 264 Island Pond Rd
  • Address - House Number: 264
  • 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: $474,000

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 325,101
  • High Value: 389,584
  • Low Value: 260,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,000
  • Assessed Land Value: $43,200
  • Assessed Improvements Value: $234,800

    Sales

  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 62415
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Amount: $185,500
  • 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

$227

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1582 ft²

Average Home Age

73.3 years

Currently For Sale

20 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# 72370114

Frequently Asked Questions

When was property at 264 Island Pond Road built and last sold?
The property at 264 Island Pond Road was built in 2013 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 264 Island Pond Road is $241,511.
What are some comparable homes to 264 Island Pond Road?
There are currently no comparable homes to 264 Island Pond Road.
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