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Springfield 01108 Forest Park
41 Forest St
$280,000
● House - Off Market

41 Forest St

Springfield, MA 01108
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,634 Ft²
$275,210
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This beautifully updated colonial is ready for a new owner! The updates start the moment you walk in, with new, plush, wall-to-wall carpeting and a newly updated kitchen, with brand-new cabinets, countertops, and flooring! The living spaces are large and offer plenty of natural light, the upstairs leads into a series of bedrooms with that same plush carpeting and new paint. The home also sports a pair of full baths! With new exterior and interior paint throughout, a ton of basement space, and a large back deck leading into a private, fenced-in backyard, this home really is the complete package!
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$165
Property Type
House
Property Taxes
$207
HOA Dues
-
Year Built
1901

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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: 5 months ago (MLSPIN #72950285)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by ROVI Homes $269,000
Listed by ROVI Homes
Oct 12, 2021 Sold
Premium
Sold
Aug 31, 2021 Listed by ROVI Homes $140,000
Listed by ROVI Homes
Dec 23, 1983 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1901
  • Effective Year Built: 1901
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 176
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 2,504
  • Gross Building Area: 2,504
  • Building Area: 2,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 802101

Zoning

  • Zoning: R2

Geography

  • Account Number: 52600021
  • Parcel: SPRI S:05260 P:0021
  • Municipality: SPRINGFIELD
  • Latitude: 42.0869
  • Longitude: -72.5689

    Address

  • Full Address: 41 Forest St
  • Address - House Number: 41
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2003
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $405,400

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 304,594
  • High Value: 366,256
  • Low Value: 242,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,800
  • Assessed Land Value: $21,900
  • Assessed Improvements Value: $215,900

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41425
  • Previous Sale Recording Date: Oct 12, 2021
  • Previous Sale Contract Date: Oct 12, 2021
  • Previous Sale Amount: $140,000
  • Previous 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 Forest Park

Stats & Trends

Median Asking:

$353,950

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2790 ft²

Average Home Age

96.4 years

Currently For Sale

59 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72950285

Frequently Asked Questions

When was property at 41 Forest Street built and last sold?
The property at 41 Forest Street was built in 1901 and last sold on Jul 8, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 41 Forest Street is $267,008.
What are some comparable homes to 41 Forest Street?
There are currently no comparable homes to 41 Forest Street.
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