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Springfield 01118 East Forest Park
341 Gillette Avenue
$174,900
● House - Off Market

341 Gillette Avenue

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$294,985
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

EAST FOREST PARK ~ Easy one floor living can be yours in this well maintained 5 room, 2 bedroom Ranch in East Forest Park. Features include some hardwood floors, a fireplace, lovely enclosed porch, spacious living room/dining room with picture windows, vinyl siding, sprinkler system, & an attached garage. This home won't last long!
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$151
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70413422)

Price History

Date / Event Date Event Price
Dec 4, 2020 Sold
Premium
Sold
Oct 21, 2020 Listed by Carlson GMAC Real Estate $264,900
Listed by Carlson GMAC Real Estate
Jan 6, 2015 Sold
Premium
Sold
Aug 29, 2006 Sold
Premium
Sold
Jun 26, 2006 Listed by Landmark, REALTORS® $174,900
Listed by Landmark, REALTORS®
EAST FOREST PARK ~ Easy one floor living can be yours in this well maintained 5 room, 2 bedroom Ranch in East Forest Park. Features include some hardwood floors, a fireplace, lovely enclosed porch, spacious living room/dining room with picture windows, vinyl siding, sprinkler system, & an attached garage. This home won't last long!

Property Highlights

Garage
Parking Available
Fireplace

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: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,871
  • Total Building Area: 1,305
  • Gross Building Area: 1,305
  • Building Area: 1,305
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,305
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000227
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 56600081
  • Parcel: SPRI S:05660 P:0081
  • Municipality: SPRINGFIELD
  • Latitude: 42.1006
  • Longitude: -72.5343

    Address

  • Full Address: 341 Gillette Ave
  • Address - House Number: 341
  • Address - Street Name: Gillette
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1216
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $450,800

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 330,086
  • High Value: 391,090
  • Low Value: 269,083

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,400
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $209,400

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72151
  • Previous Sale Recording Date: Jan 06, 2015
  • Previous Sale Amount: $165,000
  • 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

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# 70413422

Frequently Asked Questions

When was property at 341 Gillette Avenue built and last sold?
The property at 341 Gillette Avenue was built in 1950 and last sold on Dec 4, 2020 for $262,500.
How much is this home worth?
The estimated value of the home located at 341 Gillette Avenue is $269,429.
What are some comparable homes to 341 Gillette Avenue?
There are currently no comparable homes to 341 Gillette Avenue.
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