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Springfield 01118 East Forest Park
40 Stony Brook Road
$118,000
● House - Off Market

40 Stony Brook Road

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
999 Ft²
$229,305
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Great Ranch style home with all of the major components taken care of for you- this home has newer siding, roof, windows,refinished hardwood floors, furnace, and hot water tank. This lovely ranch has 3 bedrooms, nice size living room, eat in kitchen, partially finished basement, shed and 1 car garage all situated on fenced .25 acre lot.  You will love the private location on a dead end street but yet conveniently located near shopping areas, public transportation, medical facility, park, and most major highways. Along with this, the stove, refrigerator, washer, and dryer with remain for buyer's enjoyment. Easy to show.
Unit Size
999 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$118
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #71611871)

Price History

Date / Event Date Event Price
Jan 27, 2014 Sold
Premium
Sold
Nov 26, 2013 Listed by Landmark, REALTORS® $118,000
Listed by Landmark, REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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: 112050009
  • Parcel: SPRI S:11205 P:0009
  • Municipality: SPRINGFIELD
  • Latitude: 42.0888
  • Longitude: -72.5166

    Address

  • Full Address: 40 Stony Brook Rd
  • Address - House Number: 40
  • Address - Street Name: Stony Brook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C042
  • 4-Digit Zip Code: 2436
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,600

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 275,839
  • High Value: 334,696
  • Low Value: 216,982

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $236,100
  • Assessed Land Value: $55,400
  • Assessed Improvements Value: $180,700

    Sales

  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Price:
    Premium
  • Current 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# 71611871

Frequently Asked Questions

When was property at 40 Stony Brook Road built and last sold?
The property at 40 Stony Brook Road was built in 1959 and last sold on Jan 1, 1970 for $118,000.
How much is this home worth?
The estimated value of the home located at 40 Stony Brook Road is $125,020.
What are some comparable homes to 40 Stony Brook Road?
There are currently no comparable homes to 40 Stony Brook Road.
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