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Springfield 01128 Sixteen Acres
351 Forest Hills Rd
$195,000
● House - Off Market

351 Forest Hills Rd

Springfield, MA 01128
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,250 Ft²
$296,183
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Spacious Cape in desirable location! Privacy abounds with large .49 acre wooded yard.Priced below assessed value ,come and add your cosmetic touches! Kitchen has beautiful granite counters and tile floor.Living room is light and airy with fireplace ,large windows and built ins.Plenty of room with 5 bedrooms and 2 baths.Extra storage above the two car garage. Enjoy summer and barbecues in this beautiful yard! Easy to show!
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$90
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1955

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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 #72458881)

Price History

Date / Event Date Event Price
Aug 12, 2019 Sold
Premium
Sold
Mar 1, 2019 Listed by Coldwell Banker Residential Brokerage - Longmeadow $202,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Apr 26, 2013 Sold
Premium
Sold
Feb 22, 2013 Listed by Coldwell Banker Residential Brokerage - Longmeadow $239,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Mar 18, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,257
  • Total Building Area: 2,058
  • Gross Building Area: 2,058
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS ACRES ANX
  • Land Acres: 0000000488
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 52700042
  • Parcel: SPRI S:05270 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.0929
  • Longitude: -72.4876

    Address

  • Full Address: 351 Forest Hills Rd
  • Address - House Number: 351
  • Address - Street Name: Forest Hills
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1213
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504,700

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 355,077
  • High Value: 426,055
  • Low Value: 284,099

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,000
  • Assessed Land Value: $62,400
  • Assessed Improvements Value: $233,600

    Sales

  • Current Sale Contract Date: Aug 09, 2019
  • Current Sale Recording Date: Aug 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45263
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Amount: $237,000
  • Previous Sale Document Type: 71
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 Sixteen Acres

Stats & Trends

Median Asking:

$322,500

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1246 ft²

Average Home Age

52.6 years

Currently For Sale

18 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# 72458881

Frequently Asked Questions

When was property at 351 Forest Hills Road built and last sold?
The property at 351 Forest Hills Road was built in 1955 and last sold on Aug 9, 2019 for $195,000.
How much is this home worth?
The estimated value of the home located at 351 Forest Hills Road is $205,291.
What are some comparable homes to 351 Forest Hills Road?
There are currently no comparable homes to 351 Forest Hills Road.
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