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Springfield 01118 East Forest Park
35 Powell Ave
$225,000
● House - Off Market

35 Powell Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,047 Ft²
$225,377
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Come check out this Adorable Cape style home. 3 bedrooms, 1 bathroom, Attached garage and fenced in yard. This would be a great starter home for a lucky family .
Unit Size
1,047 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$215
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1941

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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 #73104964)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
May 2, 2023 In contract -
In contract
Apr 29, 2023 Listed by Lowe & Lowe Realty Co. $225,000
Listed by Lowe & Lowe Realty Co.
Jan 10, 2020 Sold
Premium
Sold
Nov 24, 2019 Listed by Lowe & Lowe Realty Co. $169,900
Listed by Lowe & Lowe Realty Co.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • 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: 5,001
  • Total Building Area: 1,047
  • Gross Building Area: 1,047
  • Building Area: 1,047
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,047
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 98800076
  • Parcel: SPRI S:09880 P:0076
  • Municipality: SPRINGFIELD
  • Latitude: 42.09
  • Longitude: -72.5325

    Address

  • Full Address: 35 Powell Ave
  • Address - House Number: 35
  • Address - Street Name: Powell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2165
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $319,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 245,396
  • High Value: 296,187
  • Low Value: 194,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,100
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 24964
  • Previous Sale Recording Date: Jan 10, 2020
  • Previous Sale Contract Date: Jan 06, 2020
  • Previous Sale Amount: $175,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73104964

Frequently Asked Questions

When was property at 35 Powell Avenue built and last sold?
The property at 35 Powell Avenue was built in 1941 and last sold on May 31, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 35 Powell Avenue is $226,134.
What are some comparable homes to 35 Powell Avenue?
There are currently no comparable homes to 35 Powell Avenue.
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