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Springfield 01108 Forest Park
280 Dwight Rd
$78,000
● House - Off Market

280 Dwight Rd

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,071 Ft²
$151,074
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

If you like to flip or rehab houses, this is the home for you.  This nearly half acre fenced in lot in a desired   East Forest Park neighborhood has great potential for the right buyer. Located near Franconia Golf   course, this home features a sunroom with a wood burning stove that opens to a full concrete patio that   could accommodate a hot tub. Living room has a working fireplace, (per owner) with built-in cabinets. First floor   laundry hook-ups available. One and a half car garage. Newer furnace and hot water heater. (per owner), Central air.  This charming 6RM, 3BR home, on a corner lot, can be yours before Spring.    Call/Text Joanne,  for an appointment
Unit Size
1,071 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$83
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1900

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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 #71949377)

Price History

Date / Event Date Event Price
Jun 15, 2016 Sold
Premium
Sold
Jan 15, 2016 Listed by RR & Company Realty, LLC $89,000
Listed by RR & Company Realty, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 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: 18,635
  • Total Building Area: 1,071
  • Gross Building Area: 1,071
  • Building Area: 1,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000428
  • 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: 802602

Zoning

  • Zoning: R1

Geography

  • Account Number: 42200061
  • Parcel: SPRI S:04220 P:0061
  • Municipality: SPRINGFIELD
  • Latitude: 42.0737
  • Longitude: -72.5388

    Address

  • Full Address: 280 Dwight Rd
  • Address - House Number: 280
  • Address - Street Name: Dwight
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3467
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,600

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 215,580
  • High Value: 262,601
  • Low Value: 168,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,300
  • Assessed Land Value: $43,800
  • Assessed Improvements Value: $105,500

    Sales

  • Current Sale Recording Date: Jun 15, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33559
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

63

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71949377

Frequently Asked Questions

When was property at 280 Dwight Road built and last sold?
The property at 280 Dwight Road was built in 1900 and last sold on Jan 1, 1970 for $78,000.
How much is this home worth?
The estimated value of the home located at 280 Dwight Road is $95,301.
What are some comparable homes to 280 Dwight Road?
There are currently no comparable homes to 280 Dwight Road.
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