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Springfield 01108 Forest Park
28 Meredith St
$310,000
● House - Off Market

28 Meredith St

Springfield, MA 01108
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,055 Ft²
$289,109
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

MOVE RIGHT IN!  This rare 4Bedroom 3Bathroom Forest Park Home has a full in-law suite in the basement with a full kitchen, bathroom, dining area, living room, bedroom with walk in closet and laundry area.  The main home boasts of beautiful hard wood floors and beautiful wood trim throughout.  This home features 3 good sized bedrooms with walk in closets on the second floor .  Once you walk in the foyer your breath will be taken away.  Two car garage with a metal roof.  Built in gazebo and all appliances to remain for Buyer's enjoyment.  AGAIN... this property has two complete kitchens, three baths and spacious bedrooms throughout.  Do not miss this rare opportunity.
Unit Size
2,055 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$141
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1921

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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 #73106121)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
Jun 12, 2023 In contract -
In contract
May 21, 2023 Relisted $140,000
Relisted
May 10, 2023 In contract -
In contract
May 2, 2023 Listed by Homes Logic Real Estate, LLC $289,900
Listed by Homes Logic Real Estate, LLC
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 2,055
  • Gross Building Area: 2,055
  • Building Area: 2,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,055
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 85400006
  • Parcel: SPRI S:08540 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.0842
  • Longitude: -72.5521

    Address

  • Full Address: 28 Meredith St
  • Address - House Number: 28
  • Address - Street Name: Meredith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2719
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,600

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 303,592
  • High Value: 365,053
  • Low Value: 242,132

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,300
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $212,200

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34961
  • Previous Sale Recording Date: Sep 20, 2013
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
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:

$350,000

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2729 ft²

Average Home Age

93 years

Currently For Sale

59 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: 4 months ago
Data Source: MLS PIN, MLS# 73106121

Frequently Asked Questions

When was property at 28 Meredith Street built and last sold?
The property at 28 Meredith Street was built in 1921 and last sold on Jul 28, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 28 Meredith Street is $288,301.
What are some comparable homes to 28 Meredith Street?
There are currently no comparable homes to 28 Meredith Street.
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