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Springfield 01118 East Forest Park
343 Roosevelt Ave
$177,000
● House - Off Market

343 Roosevelt Ave

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$294,443
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

This meticulously maintained One Owner Cape offers 4 Bedrooms master bedroom is located on first floor. Two full baths, the first floor bath has a walk-in shower if you need assistance. Kitchen has a five seat breakfast bar and opens to the spacious dining room which is great for entertaining. Sun room is off the Kitchen and is heated for year round use and has access to the garage. Private back yard is a beautiful oasis with stone wall and patio and sprinklers. Roof was replaced approx 6-7 years ago and windows approx. 10 years old.
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$116
Property Type
House
Property Taxes
$305
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: 6 months ago (MLSPIN #72182214)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Jun 14, 2017 Listed by Landmark, REALTORS® $184,900
Listed by Landmark, REALTORS®

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7,000
  • Total Building Area: 1,588
  • Gross Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 6

    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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 103600658
  • Parcel: SPRI S:10360 P:0658
  • Municipality: SPRINGFIELD
  • Latitude: 42.0998
  • Longitude: -72.5379

    Address

  • Full Address: 343 Roosevelt Ave
  • Address - House Number: 343
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1190
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $474,800

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 304,034
  • High Value: 382,203
  • Low Value: 225,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,500
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $233,500

    Sales

  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 51973
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

$226

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1435 ft²

Average Home Age

74.9 years

Currently For Sale

31 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72182214

Frequently Asked Questions

When was property at 343 Roosevelt Avenue built and last sold?
The property at 343 Roosevelt Avenue was built in 1950 and last sold on Jan 1, 1970 for $177,000.
How much is this home worth?
The estimated value of the home located at 343 Roosevelt Avenue is $194,701.
What are some comparable homes to 343 Roosevelt Avenue?
There are currently no comparable homes to 343 Roosevelt Avenue.
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