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Springfield 01118 East Forest Park
394 Abbott
$172,000
● House - Off Market

394 Abbott

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,442 Ft²
$355,494
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

You've Been Waiting for This Listing! Remodeled Ranch in East Forest Park!  1 Car Attached Garage w/Opener. Family Rm w/Cathedral Beamed Ceiling & Slider to Patio is Open to Remodeled Kitchen w/Breakfast Bar. Kitchen has Pocket Door to Dining Rm. Living Rm w/Gas Fireplace. Recessed Lighting in Kitchen, Family & Living Rooms. Wood Floors in Living, Dining Rms & Both Bedrms. Remodeled Bath. Tandem Bedrm/Office to Master Bedrm makes a great nursery! Vinyl Sided, Newer Windows, Gas Heat & Gas HW.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$124
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1953

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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: 4 months ago (MLSPIN #71484749)

Price History

Date / Event Date Event Price
May 24, 2013 Sold
Premium
Sold
Feb 20, 2013 Listed by Sears Real Estate, Inc. $179,000
Listed by Sears Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 9,975
  • Total Building Area: 1,442
  • Gross Building Area: 1,442
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 200072
  • Parcel: SPRI S:00020 P:0072
  • Municipality: SPRINGFIELD
  • Latitude: 42.1021
  • Longitude: -72.5331

    Address

  • Full Address: 394 Abbott St
  • Address - House Number: 394
  • Address - Street Name: Abbott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1264
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $514,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 72
  • Final Value: 329,183
  • High Value: 397,031
  • Low Value: 261,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,500
  • Assessed Land Value: $46,100
  • Assessed Improvements Value: $255,400

    Sales

  • Current Sale Recording Date: May 24, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 32462
  • Previous Sale Recording Date: May 24, 2013
  • Previous Sale Amount: $172,000
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1535 ft²

Average Home Age

77.4 years

Currently For Sale

25 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71484749

Frequently Asked Questions

When was property at 394 Abbott Street built and last sold?
The property at 394 Abbott Street was built in 1953 and last sold on Jan 1, 1970 for $172,000.
How much is this home worth?
The estimated value of the home located at 394 Abbott Street is $184,316.
What are some comparable homes to 394 Abbott Street?
There are currently no comparable homes to 394 Abbott Street.
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