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Springfield 01118 East Forest Park
40 Old Brook Road
$183,000
● House - Off Market

40 Old Brook Road

Springfield, MA 01118
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,622 Ft²
$270,018
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Come home to this lovely 7 room, 5 bedroom 1.5 bath Cape located in East Forest Park.  First floor features 2 bedrooms and a full bath. Living room  features gleaming hardwood floors, with a wood burning fireplace, and picture window. The large kitchen is great for entertaining and family gatherings. Upstairs you will find 3 bedrooms (one without a closet) can be used as an office/den.  A partially finished basement, and newer oil furnace (apo).  A good sized back yard, and front and rear in ground sprinkler system. This home is a short distance to Nathan Bill Park and the new East Forest Park Library.  This home is waiting for it's new owner!
Unit Size
1,622 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$117
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1951

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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 #72594969)

Price History

Date / Event Date Event Price
Apr 30, 2020 Sold
Premium
Sold
Nov 21, 2019 Listed by Coldwell Banker Residential Brokerage - Longmeadow $189,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 200
  • 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: 7,401
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,612
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,612
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 92600007
  • Parcel: SPRI S:09260 P:0007
  • Municipality: SPRINGFIELD
  • Latitude: 42.0961
  • Longitude: -72.5421

    Address

  • Full Address: 40 Old Brook Rd
  • Address - House Number: 40
  • Address - Street Name: Old Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C023
  • 4-Digit Zip Code: 1410
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $385,000

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 288,369
  • High Value: 349,900
  • Low Value: 226,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,800
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $180,700

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21685
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

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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# 72594969

Frequently Asked Questions

When was property at 40 Old Brook Road built and last sold?
The property at 40 Old Brook Road was built in 1951 and last sold on Apr 22, 2020 for $183,000.
How much is this home worth?
The estimated value of the home located at 40 Old Brook Road is $191,390.
What are some comparable homes to 40 Old Brook Road?
There are currently no comparable homes to 40 Old Brook Road.
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