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Springfield 01118 East Forest Park
335 Gifford St
$320,000
● House - Off Market

335 Gifford St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$330,453
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This well maintained cape is located in a desirable, quiet East Forest Park neighborhood, right on the East Longmeadow line! Many recent updates include the roof (2019), siding (2020), and windows (2020)  new furnace (2022), and new water heater (2021)! All appliances purchased in 2021. Beautiful hardwood floors throughout, plenty of natural sunlight illuminates each room, natural gas heating and cooking, spacious bedrooms, 1 and 1/2 baths and attached garage! Minutes from restaurants, shopping centers, local schools and parks. Great backyard for kids to play. Finish the basement to add equity! Bring your family and ideas and make this one YOURS!
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$231
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #73109702)

Price History

Date / Event Date Event Price
Jun 13, 2023 Sold
Premium
Sold
May 22, 2023 In contract -
In contract
May 10, 2023 Listed by Executive Real Estate, Inc. $329,900
Listed by Executive Real Estate, Inc.
Nov 5, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by Executive Real Estate, Inc. $275,000
Listed by Executive Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 200
  • 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: 10,964
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000252
  • 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: 56400108
  • Parcel: SPRI S:05640 P:0108
  • Municipality: SPRINGFIELD
  • Latitude: 42.0883
  • Longitude: -72.5288

    Address

  • Full Address: 335 Gifford St
  • Address - House Number: 335
  • Address - Street Name: Gifford
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2331
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $452,800

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 320,611
  • High Value: 380,513
  • Low Value: 260,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,600
  • Assessed Land Value: $46,400
  • Assessed Improvements Value: $219,200

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 233955
  • Previous Sale Recording Date: Nov 05, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $276,000
  • Previous Sale Document Type: O
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

51

Average Home Size

1582 ft²

Average Home Age

73.3 years

Currently For Sale

20 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: 5 months ago
Data Source: MLS PIN, MLS# 73109702

Frequently Asked Questions

When was property at 335 Gifford Street built and last sold?
The property at 335 Gifford Street was built in 1954 and last sold on Jun 12, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 335 Gifford Street is $331,192.
What are some comparable homes to 335 Gifford Street?
There are currently no comparable homes to 335 Gifford Street.
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