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Springfield 01118 East Forest Park
35 Orpheum Ave
$140,000
● House - Off Market

35 Orpheum Ave

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$194,891
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

If you're searching for a cozy, low-maintenance starter home or are looking to downsize, you won't want to miss this opportunity! Located on the East Longmeadow line, walking distance from countless amenities. Everything has been done for you! You'll find updates throughout this open concept ranch home complete with modern kitchen finishes, an updated bathroom and convenient first floor laundry room. Energy efficient gas forced air heating system, newer gas water heater and vinyl replacement windows keep your utility costs low. Vinyl siding, newer roof shingles and a spacious, fully-fenced yard completes this turn-key home. Why rent when you can own for less? Schedule your showing today, this one won't last!
Unit Size
864 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$156
Property Type
House
Property Taxes
$172
HOA Dues
-
Year Built
1920

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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 #72592408)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Nov 14, 2019 Listed by Rovithis Realty, LLC $135,000
Listed by Rovithis Realty, LLC
Aug 21, 2012 Sold
Premium
Sold
Jun 18, 2012 Listed by Rovithis Realty, LLC $99,900
Listed by Rovithis Realty, LLC
Nov 17, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 6,029
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 93800041
  • Parcel: SPRI S:09380 P:0041
  • Municipality: SPRINGFIELD
  • Latitude: 42.0827
  • Longitude: -72.5305

    Address

  • Full Address: 35 Orpheum Ave
  • Address - House Number: 35
  • Address - Street Name: Orpheum
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2231
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $249,600

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 207,438
  • High Value: 251,699
  • Low Value: 163,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,400
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $101,800

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11283
  • Previous Sale Recording Date: Aug 21, 2012
  • Previous Sale Amount: $97,500
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72592408

Frequently Asked Questions

When was property at 35 Orpheum Avenue built and last sold?
The property at 35 Orpheum Avenue was built in 1920 and last sold on Dec 12, 2019 for $140,000.
How much is this home worth?
The estimated value of the home located at 35 Orpheum Avenue is $135,858.
What are some comparable homes to 35 Orpheum Avenue?
There are currently no comparable homes to 35 Orpheum Avenue.
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