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Springfield 01118 East Forest Park
30 Burnside Ter
$173,000
● House - Off Market

30 Burnside Ter

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,190 Ft²
$241,722
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Fantastic location in East Forest Park. Right off Sumner ave makes this a great commuter location! Wonderful home to grow in, with three decent size bedrooms and 1.5 baths. High ceilings in the basement and a heating vent would make easy work of finishing off for more living space. Bring some paint and a little elbow grease to make this home shine, and build equity. Offering a bedroom on the first floor with exterior access to the large, flat, fenced in yard, hardwood floors throughout, replacement windows, and gas heat.
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$143
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1950

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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 #72606772)

Price History

Date / Event Date Event Price
Apr 1, 2020 Sold
Premium
Sold
Jan 10, 2020 Listed by RE/MAX Connections $170,000
Listed by RE/MAX Connections
Jun 14, 2016 Sold
Premium
Sold
Apr 4, 2016 Listed by RE/MAX Connections $124,900
Listed by RE/MAX Connections

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,190
  • Gross Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 21200006
  • Parcel: SPRI S:02120 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.0896
  • Longitude: -72.5354

    Address

  • Full Address: 30 Burnside Ter
  • Address - House Number: 30
  • Address - Street Name: Burnside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2120
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $323,600

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 256,509
  • High Value: 311,241
  • Low Value: 201,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,800
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $144,800

    Sales

  • Current Sale Contract Date: Mar 17, 2020
  • Current Sale Recording Date: Apr 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 221465
  • Previous Sale Recording Date: Jun 14, 2016
  • Previous Sale Contract Date: Jun 07, 2016
  • Previous Sale Amount: $135,000
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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# 72606772

Frequently Asked Questions

When was property at 30 Burnside Terrace built and last sold?
The property at 30 Burnside Terrace was built in 1950 and last sold on Mar 17, 2020 for $173,000.
How much is this home worth?
The estimated value of the home located at 30 Burnside Terrace is $175,653.
What are some comparable homes to 30 Burnside Terrace?
There are currently no comparable homes to 30 Burnside Terrace.
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