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Springfield 01108 Forest Park
281 Hartwick St
$268,000
● House - Off Market

281 Hartwick St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$263,139
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Beautiful 6 room 3 bedroom ranch, with a one car garage, located in a fantastic neighborhood. This well-maintained home has an upgraded kitchen, tiled floor and includes all the appliances, refrigerator, stove, and dishwasher. Open floor plan to formal dining room with hardwood floors and windows overlooking the front yard. Kitchen also has sliding glass doors that lead to large deck and backyard. Three bedrooms and one full bath all around the main floor. One car garage with a breezeway entryway that leads directly from the garage to the breezeway to the kitchen. This home is located on a 1/4 acre corner lot  including fenced in garden,  a newer roof, vinyl siding, and gas heat. Perfect home for those who are downsizing from large homes and desire first floor living in a great neighborhood
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$237
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1955

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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 #72932049)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Jan 17, 2022 Listed by Teamwork Realty Group, LLC $249,900
Listed by Teamwork Realty Group, LLC
Sep 9, 1970 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,338
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000306
  • 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: 63750066
  • Parcel: SPRI S:06375 P:0066
  • Municipality: SPRINGFIELD
  • Latitude: 42.0717
  • Longitude: -72.5425

    Address

  • Full Address: 281 Hartwick St
  • Address - House Number: 281
  • Address - Street Name: Hartwick
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3563
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $361,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 273,061
  • High Value: 328,339
  • Low Value: 217,783

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,100
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $170,100

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12412
  • Previous Sale Recording Date: Sep 09, 1970
  • Previous Sale Amount: $11,000
  • Previous Sale Document Type: 27
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:

$353,000

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2964 ft²

Average Home Age

95.5 years

Currently For Sale

56 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# 72932049

Frequently Asked Questions

When was property at 281 Hartwick Street built and last sold?
The property at 281 Hartwick Street was built in 1955 and last sold on Feb 28, 2022 for $268,000.
How much is this home worth?
The estimated value of the home located at 281 Hartwick Street is $252,408.
What are some comparable homes to 281 Hartwick Street?
There are currently no comparable homes to 281 Hartwick Street.
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