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Springfield 01118 East Forest Park
33 Gates Ave
$377,500
● House - Off Market

33 Gates Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,576 Ft²
$367,841
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

This Gorgeous home is move-in ready Ready freshly painted right on the East Longmeadow line this home boasts a wonderful open floor plan with spacious rooms throughout with 2 full baths and 1 half bath. Front entry living room, formal Dining & and fully applianced Kitchen, loads of cabinet space. Enjoy your morning coffee on your private deck overlooking beautiful backyard views with private gardens. 3 good-sized bedrooms on the second floor and possibly a 4th in the basement.  Large finished walkout basement,  with a full bath possible teen sweet or inlaw.  Central air, maintenance-free vinyl exterior, gas heat & two car attached garage close to shops awesome location come see this home today will not last long.
Unit Size
1,576 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
2000

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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 #72943699)

Price History

Date / Event Date Event Price
May 4, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by Media Realty LLC $364,999
Listed by Media Realty LLC
Aug 25, 2000 Sold
Premium
Sold
May 26, 2000 Listed by Media Realty LLC $169,900
Listed by Media Realty LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7,501
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 1,576
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,576
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 55600075
  • Parcel: SPRI S:05560 P:0075
  • Municipality: SPRINGFIELD
  • Latitude: 42.0844
  • Longitude: -72.5212

    Address

  • Full Address: 33 Gates Ave
  • Address - House Number: 33
  • Address - Street Name: Gates
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2302
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501,600

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 356,092
  • High Value: 424,838
  • Low Value: 287,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,200
  • Assessed Land Value: $54,200
  • Assessed Improvements Value: $240,000

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27278
  • Previous Sale Recording Date: Aug 25, 2000
  • Previous Sale Amount: $161,000
  • 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 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72943699

Frequently Asked Questions

When was property at 33 Gates Avenue built and last sold?
The property at 33 Gates Avenue was built in 2000 and last sold on May 4, 2022 for $377,500.
How much is this home worth?
The estimated value of the home located at 33 Gates Avenue is $360,699.
What are some comparable homes to 33 Gates Avenue?
There are currently no comparable homes to 33 Gates Avenue.
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