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Springfield 01128 Sixteen Acres
361 Forest Hills Rd
Photo of 361 Forest Hills Rd
Sold on Jan 16, 2009

1

Map

$190,000
● House - Off Market

361 Forest Hills Rd

Springfield, MA 01128
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,823 Ft²
$410,382
RealtyHop Estimate
110.45%
Since Feb 1, 2009
National-US
Primary Model

About This Property

Four plus bedrooms and three full baths in this wonderful Cape, all privately situated on a beautiful 1/2 acre. Enjoy a swim and BBQ on your private deck, a relaxing night in your screened-in porch, cozying up next to the fireplace, entertaining at your bar in finished basement. The house also features updated kitchen and baths, newer furnace and water heater.
Unit Size
1,823 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$107
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70798937)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
May 21, 2021 Listed $300,000
Listed
Dec 14, 2020 Sold
Premium
Sold
Jan 16, 2009 Sold
Premium
Sold
Jul 29, 2008 Listed $195,000
Listed
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 100
  • 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: 21,824
  • Total Building Area: 1,823
  • Gross Building Area: 1,823
  • Building Area: 1,823
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,823
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS ANX
  • Land Acres: 0000000501
  • 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: 52700043
  • Parcel: SPRI S:05270 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.0926
  • Longitude: -72.4875

    Address

  • Full Address: 361 Forest Hills Rd
  • Address - House Number: 361
  • 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: $515,400

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 374,914
  • High Value: 447,195
  • Low Value: 302,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,300
  • Assessed Land Value: $62,600
  • Assessed Improvements Value: $239,700

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 50767
  • Previous Sale Recording Date: Dec 14, 2020
  • Previous Sale Contract Date: Dec 14, 2020
  • Previous Sale Amount: $190,000
  • 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:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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# 70798937

Frequently Asked Questions

When was property at 361 Forest Hills Road built and last sold?
The property at 361 Forest Hills Road was built in 1955 and last sold on Jul 21, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 361 Forest Hills Road is $303,140.
What are some comparable homes to 361 Forest Hills Road?
There are currently no comparable homes to 361 Forest Hills Road.
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