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Springfield 01118 East Forest Park
41 Kipling St
$350,000
● House - Off Market

41 Kipling St

Springfield, MA 01118
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,525 Ft²
$483,445
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Location, Location, Location!!!! Everything you have ever wanted in a home! This home offers 5 bedrooms,2.5 bath with 2-car garage and is located in the desired area of East Forest Park. The interior of the home features gleaming hardwood floors throughout most of the house. Large living room with a two way beautiful fireplace, formal dining room, kitchen with granite and slider to patio, half bath and first floor office. Second level offers 4 bedrooms and a full bath. Master suite has a large bathroom with his and her sink, walk in tile tub and walk in closet. Finished basement offers fifth bedroom, half bath, and finished game room!  Entertaining in style, won't be a problem with the large yard and above ground pool! MANY UPGRADES IN THIS HOME!! DO NOT MISS IT
Unit Size
2,525 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$135
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
2012

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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 #72631237)

Price History

Date / Event Date Event Price
May 1, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Executive Real Estate, Inc. $340,000
Listed by Executive Real Estate, Inc.
Jan 25, 2019 Sold
Premium
Sold
Oct 30, 2018 Listed by Executive Real Estate, Inc. $309,900
Listed by Executive Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 154
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,051
  • Total Building Area: 2,314
  • Gross Building Area: 2,314
  • Building Area: 2,314
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,314
  • Heating Fuel Type: 3

    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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 73300042
  • Parcel: SPRI S:07330 P:0042
  • Municipality: SPRINGFIELD
  • Latitude: 42.1014
  • Longitude: -72.5361

    Address

  • Full Address: 41 Kipling St
  • Address - House Number: 41
  • Address - Street Name: Kipling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1229
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $680,500

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 429,175
  • High Value: 512,030
  • Low Value: 346,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,100
  • Assessed Land Value: $55,500
  • Assessed Improvements Value: $343,600

    Sales

  • Current Sale Contract Date: Apr 13, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 22219
  • Previous Sale Recording Date: Jan 25, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $311,000
  • 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 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

1530 ft²

Average Home Age

77.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72631237

Frequently Asked Questions

When was property at 41 Kipling Street built and last sold?
The property at 41 Kipling Street was built in 2012 and last sold on Apr 13, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 41 Kipling Street is $344,001.
What are some comparable homes to 41 Kipling Street?
There are currently no comparable homes to 41 Kipling Street.
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