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Springfield 01108 Forest Park
37 Craig St
$317,000
● House - Off Market

37 Craig St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,644 Ft²
$290,102
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Beautiful Colonial in desirable Forest Park neighborhood that sits on a quiet dead end street and features a large 2 car garage.  This spacious Colonial is move in ready and features a open floor plan which includes hardwood floors throughout.  Home includes plenty of kitchen cabinets and counter space. French doors open to the deck, leading to the patio and astounding in-ground pool. Fenced in backyard has plenty of privacy, with woods in the back. Lawn and landscaping are beautifully maintained. Ready to entertain all your guests in the spacious living room with a gas fireplace.  Great open floor plan that flows from the living room to the dining room and kitchen. Hardwood and tile floors throughout the first and second floor. Second floor includes stackable washer/dryer for your convenience.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$167
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1918

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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 #73038802)

Price History

Date / Event Date Event Price
Nov 10, 2022 Sold
Premium
Sold
Sep 28, 2022 In contract -
In contract
Sep 20, 2022 Listed by Landmark, REALTORS® $274,900
Listed by Landmark, REALTORS®

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 376
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,071
  • Total Building Area: 1,652
  • Gross Building Area: 1,652
  • Building Area: 1,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,652
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 33600020
  • Parcel: SPRI S:03360 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.0746
  • Longitude: -72.5487

    Address

  • Full Address: 37 Craig St
  • Address - House Number: 37
  • Address - Street Name: Craig
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 3109
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 304,571
  • High Value: 369,967
  • Low Value: 239,175

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,100
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 66818
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:

$350,000

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2964 ft²

Average Home Age

95.5 years

Currently For Sale

56 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73038802

Frequently Asked Questions

When was property at 37 Craig Street built and last sold?
The property at 37 Craig Street was built in 1918 and last sold on Nov 10, 2022 for $317,000.
How much is this home worth?
The estimated value of the home located at 37 Craig Street is $284,605.
What are some comparable homes to 37 Craig Street?
There are currently no comparable homes to 37 Craig Street.
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