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Springfield 01108 Forest Park
300 Forest Park Ave
$269,500
● House - Off Market

300 Forest Park Ave

Springfield, MA 01108
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,700 Ft²
$410,754
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

A stately and comfortable turn of the century 1897 Historic Home with the gracious ambiance of yesteryear with the conveniences of the 21st Century - This 11 Room, 5+ Bedroom Colonial features a large eat in kitchen, 2.5 bathrooms, multiple stained and leaded glass windows, a large yard, gas heat, and a two car garage on the "Cozy Corner" side of Sumner Ave.  The kitchen features Cherry Cabinets, Corian Counters, Tin Ceilings, Wainscoting, and a dining area.  The first floor grand living areas also include a formal entry foyer, family room, living room, and a formal dining room with stained glass window.  The dining room leads to a gracious private enclosed porch.  The second floor features four large bedrooms, two full bathrooms, and a fantastic built-in linen closet.
Unit Size
3,700 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$76
Property Type
House
Property Taxes
$407
HOA Dues
-
Year Built
1897

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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 #72487018)

Price History

Date / Event Date Event Price
Jul 19, 2019 Sold
Premium
Sold
Apr 24, 2019 Listed by Sears Real Estate, Inc. $279,900
Listed by Sears Real Estate, Inc.
Apr 25, 2014 Sold
Premium
Sold
Sep 25, 2013 Listed by Sears Real Estate, Inc. $273,000
Listed by Sears Real Estate, Inc.
Jan 26, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1897
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 9,274
  • Total Building Area: 3,246
  • Gross Building Area: 3,246
  • Building Area: 3,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,246
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 52800060
  • Parcel: SPRI S:05280 P:0060
  • Municipality: SPRINGFIELD
  • Latitude: 42.0829
  • Longitude: -72.5686

    Address

  • Full Address: 300 Forest Park Ave
  • Address - House Number: 300
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 2500
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501,100

    Appraisal Valuation

  • Standard Deviation: 0.2497
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 382,822
  • High Value: 478,434
  • Low Value: 287,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $293,900
  • Assessed Land Value: $36,900
  • Assessed Improvements Value: $257,000

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39763
  • Previous Sale Recording Date: Apr 25, 2014
  • Previous Sale Amount: $251,000
  • 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

$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# 72487018

Frequently Asked Questions

When was property at 300 Forest Park Avenue built and last sold?
The property at 300 Forest Park Avenue was built in 1897 and last sold on Jul 18, 2019 for $269,500.
How much is this home worth?
The estimated value of the home located at 300 Forest Park Avenue is $281,293.
What are some comparable homes to 300 Forest Park Avenue?
There are currently no comparable homes to 300 Forest Park Avenue.
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