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Springfield 01118 East Forest Park
40 Wayside St
$219,400
● House - Off Market

40 Wayside St

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,048 Ft²
$407,875
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Beautiful colonial with open floor plan, in great location! You will be totally surprised as you enter this unique and completely renovated home. The Kitchen is open to family room which looks out to fabulous in ground pool and yard. The kitchen is complete with stainless steel appliances and two sinks, tile and beautiful cabinets. Great for entertaining! Formal dining room and a large living room with fireplace which opens to enclosed heated sunroom. Two full baths and four bedrooms have plenty of room and closet space. There are two staircases that lead up to second floor, and a small office area off of the master bedroom, which has built in bookcases, private staircase and overlooks the pool.Roof,windows,siding,kitchen,family room and much more were completely renovated in 2012.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$112
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1946

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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: 6 months ago (MLSPIN #71877089)

Price History

Date / Event Date Event Price
Nov 17, 2015 Sold
Premium
Sold
Jul 21, 2015 Listed by Coldwell Banker Residential Brokerage - Longmeadow $229,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 9,492
  • Total Building Area: 2,078
  • Gross Building Area: 2,078
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 120700006
  • Parcel: SPRI S:12070 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.101
  • Longitude: -72.5364

    Address

  • Full Address: 40 Wayside St
  • Address - House Number: 40
  • Address - Street Name: Wayside
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1236
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $577,500

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 365,971
  • High Value: 437,503
  • Low Value: 294,438

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,700
  • Assessed Land Value: $54,800
  • Assessed Improvements Value: $283,900

    Sales

  • Current Sale Recording Date: Nov 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 65065
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

52

Average Home Size

1435 ft²

Average Home Age

74.9 years

Currently For Sale

31 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: 6 months ago
Data Source: MLS PIN, MLS# 71877089

Frequently Asked Questions

When was property at 40 Wayside Street built and last sold?
The property at 40 Wayside Street was built in 1946 and last sold on Jan 1, 1970 for $219,400.
How much is this home worth?
The estimated value of the home located at 40 Wayside Street is $243,263.
What are some comparable homes to 40 Wayside Street?
There are currently no comparable homes to 40 Wayside Street.
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