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Springfield 01108 Forest Park
38 Meredith Street
$57,000
● House - Off Market

38 Meredith Street

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,470 Ft²
$237,929
RealtyHop Estimate
278.27%
Since Apr 1, 1996
National-US
Primary Model

About This Property

PRICED FOR QUICK SALE!!! WELL MAINTAINED COLONIAL WITH ENCLOSED FRONT PORCH, FORMAL DININGROOM AND LIVINGROOM HAVE WOOD FLOORING UNDER WALL TO WALL CARPETING. SOME REPLACEMENT WINDOWS. HOUSE IS VINYL SIDED------MOTIVATED!!!SELLER!!!
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$43
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
1922

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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 years ago (MLSPIN #30074097)

Price History

Date / Event Date Event Price
Sep 24, 2001 Sold
Premium
Sold
Jun 12, 2001 Listed by Landmark, REALTORS® $84,900
Listed by Landmark, REALTORS®
Mar 28, 1996 Sold
Premium
Sold
Oct 19, 1995 Listed by Landmark, REALTORS® $62,900
Listed by Landmark, REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,835
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000111
  • 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: 85400008
  • Parcel: SPRI S:08540 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.0839
  • Longitude: -72.552

    Address

  • Full Address: 38 Meredith St
  • Address - House Number: 38
  • Address - Street Name: Meredith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2719
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,700

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 275,490
  • High Value: 335,578
  • Low Value: 215,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,900
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $196,000

    Sales

  • Current Sale Recording Date: Sep 24, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 28, 1996
  • Previous Sale Amount: $57,000
  • 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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2935 ft²

Average Home Age

94.5 years

Currently For Sale

60 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 years ago
Data Source: MLS PIN, MLS# 30074097

Frequently Asked Questions

When was property at 38 Meredith Street built and last sold?
The property at 38 Meredith Street was built in 1922 and last sold on Jan 1, 1970 for $87,400.
How much is this home worth?
The estimated value of the home located at 38 Meredith Street is $0.
What are some comparable homes to 38 Meredith Street?
There are currently no comparable homes to 38 Meredith Street.
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