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Springfield 01118 East Forest Park
396 Roosevelt Avenue
$112,900
● House - Off Market

396 Roosevelt Avenue

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,088 Ft²
$334,490
RealtyHop Estimate
196.27%
Since Jun 1, 2000
National-US
Primary Model

About This Property

GREAT OPPORTUNITY FOR 1ST TIME BUYER OR GROWING FAMILY. LARGE BR&BATH ON 2ND FL. STORAGE OVER BREEZEWAY & EAVES. FIN.REC. RM. OVERLOOKS POND. NEEDS REDECOR. HARDWOOD FLRS ON FIRST FL. ALUM SIDING.APPLIANCES STAY.AWNINGS/PATIO.LOCATION
Unit Size
1,088 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$104
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1947

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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 #30405132)

Price History

Date / Event Date Event Price
Apr 23, 2019 Sold
Premium
Sold
May 30, 2000 Sold
Premium
Sold
Apr 26, 2000 Listed $112,900
Listed

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 152
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,151
  • Total Building Area: 1,462
  • Gross Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEADS ISLAND POND VILLAGE
  • Land Acres: 0000000302
  • 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: 103600076
  • Parcel: SPRI S:10360 P:0076
  • Municipality: SPRINGFIELD
  • Latitude: 42.1012
  • Longitude: -72.5383

    Address

  • Full Address: 396 Roosevelt Ave
  • Address - House Number: 396
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1130
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,200

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 293,520
  • High Value: 364,133
  • Low Value: 222,907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,600
  • Assessed Land Value: $47,200
  • Assessed Improvements Value: $210,400

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20691
  • Previous Sale Recording Date: May 30, 2000
  • Previous Sale Amount: $112,900
  • 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30405132

Frequently Asked Questions

When was property at 396 Roosevelt Avenue built and last sold?
The property at 396 Roosevelt Avenue was built in 1947 and last sold on Apr 22, 2019 for $196,000.
How much is this home worth?
The estimated value of the home located at 396 Roosevelt Avenue is $0.
What are some comparable homes to 396 Roosevelt Avenue?
There are currently no comparable homes to 396 Roosevelt Avenue.
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