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Springfield 01108 Forest Park
292 Commonwealth Ave
Photo of 292 Commonwealth Ave
Sold on Apr 24, 2025

6

Map

Photo of 292 Commonwealth Ave
Photo of 292 Commonwealth Ave
$224,900
● House - Off Market

292 Commonwealth Ave

Springfield, MA 01108
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$1,362
Est. Monthly
7.96%
Cap Rate

About This Property

Welcome to 292 Commonwealth Ave Springfield, MA 01108! This charming home features two bedrooms, one bathroom, a front porch, and a spacious living room, ideal for comfortable living and entertaining. The first floor boasts hardwood floors and features kitchen with eat in space. Second floors has two bedrooms and one full bath. Large side yard area. This home is conveniently located in a neighborhood-walking distance to schools and Forest Park and minutes from shopping, restaurants & PVTA stops. Easy access to I-91.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$268
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1922

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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 #73334110)

Price History

Date / Event Date Event Price
Apr 24, 2025 Sold
Premium
Sold
Mar 7, 2025 In contract -
In contract
Feb 11, 2025 Listed $224,900
Listed
Dec 29, 2024 No longer available -
No longer available
Nov 13, 2024 Price Increased $229,000
↑ $9K (4.1%)
Price Increased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 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: 5,166
  • Total Building Area: 840
  • Gross Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: R2

Geography

  • Account Number: 30950053
  • Parcel: SPRI S:03095 P:0053
  • Municipality: SPRINGFIELD
  • Latitude: 42.0794
  • Longitude: -72.5497

    Address

  • Full Address: 292 Commonwealth Ave
  • Address - House Number: 292
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2735
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $287,000

    Appraisal Valuation

  • Standard Deviation: 0.177
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 228,819
  • High Value: 269,333
  • Low Value: 188,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,300
  • Assessed Land Value: $35,300
  • Assessed Improvements Value: $133,000

    Sales

  • Current Sale Recording Date: Jul 31, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15520
  • Previous Sale Recording Date: Nov 22, 1996
  • Previous Sale Amount: $27,500
  • 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:

$349,999

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2935 ft²

Average Home Age

94.5 years

Currently For Sale

60 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# 73334110

Frequently Asked Questions

When was property at 292 Commonwealth Avenue built and last sold?
The property at 292 Commonwealth Avenue was built in 1922 and last sold on Jan 1, 1970 for $92,000.
How much is this home worth?
The estimated value of the home located at 292 Commonwealth Avenue is $0.
What are some comparable homes to 292 Commonwealth Avenue?
There are currently no comparable homes to 292 Commonwealth Avenue.
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