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Springfield 01108 Forest Park
35 Ranney St
$265,000
● House - Off Market

35 Ranney St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,552 Ft²
$1,477
Est. Monthly

About This Property

Come check out this fully updated 3-bedroom 1 bathroom Colonial style home. Exterior features new siding, new roof, new vinyl windows, and a new front deck. The interior features a brand-new kitchen with granite countertops and stainless-steel appliances, a new bathroom with tile shower and flooring, and 3 sizeable bedrooms all with brand new carpet. The first floor also features a formal living room and dining room both with refinished hardwood floors. The mechanical systems have been updated as well with new electrical, new plumbing, and a new HVAC system to offer peace of mind to the buyer. Do not miss your opportunity at home ownership. Call today to schedule an appointment to view your next home!
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$167
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1921

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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 #73254648)

Price History

Date / Event Date Event Price
Jan 8, 2025 Sold
Premium
Sold
Nov 13, 2024 In contract -
In contract
Nov 4, 2024 Price Decreased $259,900
↓ $20K (7.2%)
Price Decreased
Sep 20, 2024 Price Decreased $279,900
↓ $10K (3.5%)
Price Decreased
Aug 20, 2024 Price Decreased $289,900
↓ $10K (3.3%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,981
  • Total Building Area: 1,552
  • Gross Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,552
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000137
  • 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: 802300

Zoning

  • Zoning: R3

Geography

  • Account Number: 100750041
  • Parcel: SPRI S:10075 P:0041
  • Municipality: SPRINGFIELD
  • Latitude: 42.092
  • Longitude: -72.5576

    Address

  • Full Address: 35 Ranney St
  • Address - House Number: 35
  • Address - Street Name: Ranney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 1843
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 225,711
  • High Value: 275,544
  • Low Value: 175,877

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,300
  • Assessed Land Value: $28,200
  • Assessed Improvements Value: $113,100

    Sales

  • Current Sale Contract Date: Feb 09, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 18434
  • Previous Sale Recording Date: Mar 03, 1997
  • Previous Sale Amount: $37,005
  • Previous Sale Document Type: 27
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 Forest Park

Stats & Trends

Median Asking:

$354,900

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2640 ft²

Average Home Age

97 years

Currently For Sale

61 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: 5 months ago
Data Source: MLS PIN, MLS# 73254648

Frequently Asked Questions

When was property at 35 Ranney Street built and last sold?
The property at 35 Ranney Street was built in 1921 and last sold on Feb 9, 2022 for $95,600.
How much is this home worth?
The estimated value of the home located at 35 Ranney Street is $264,250.
What are some comparable homes to 35 Ranney Street?
There are currently no comparable homes to 35 Ranney Street.
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