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Springfield 01118 East Forest Park
40 Dennis St
$245,000
● House - Off Market

40 Dennis St

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
816 Ft²
$223,640
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Welcome to a charming 2-bed, 1-bath Ranch-style home in East Forest Park. This residence features a renovated kitchen with new cabinets, granite countertops, tile back splash, and stainless steel appliances. A beautifully renovated bathroom with a tile shower, new flooring, and new vanity. The living room and bedrooms feature refinished hardwood floors. On top of this the house features a brand new heat pump for both heating and cooling. All of this with convenient one-floor living. With a small and manageable yard, it's perfect for first-time buyers or downsizes seeking comfort. Located in a desirable neighborhood, close to parks, schools, and amenities. Don't miss this opportunity to own a stylish and convenient home in Springfield! Schedule your showing today.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$276
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1956

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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: 5 months ago (MLSPIN #73135426)

Price History

Date / Event Date Event Price
Aug 18, 2023 Sold
Premium
Sold
Jul 17, 2023 In contract -
In contract
Jul 12, 2023 Listed by Coldwell Banker Realty - Western MA $224,900
Listed by Coldwell Banker Realty - Western MA
Dec 21, 2022 Sold
Premium
Sold
Dec 6, 2022 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,056
  • Total Building Area: 816
  • Gross Building Area: 816
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 816
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 38170009
  • Parcel: SPRI S:03817 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.0981
  • Longitude: -72.5258

    Address

  • Full Address: 40 Dennis St
  • Address - House Number: 40
  • Address - Street Name: Dennis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1703
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $313,700
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 241,331
  • High Value: 290,800
  • Low Value: 191,862

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,000
  • Assessed Land Value: $41,300
  • Assessed Improvements Value: $142,700

    Sales

  • Current Sale Contract Date: Aug 18, 2023
  • Current Sale Recording Date: Aug 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38636
  • Previous Sale Recording Date: Dec 21, 2022
  • Previous Sale Contract Date: Dec 21, 2022
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1443 ft²

Average Home Age

70.8 years

Currently For Sale

23 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# 73135426

Frequently Asked Questions

When was property at 40 Dennis Street built and last sold?
The property at 40 Dennis Street was built in 1956 and last sold on Aug 18, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 40 Dennis Street is $225,141.
What are some comparable homes to 40 Dennis Street?
There are currently no comparable homes to 40 Dennis Street.
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