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Springfield 01108 Forest Park
42 Spruceland Ave
Photo of 42 Spruceland Ave

1

Map

$264,900
● House - Off Market

42 Spruceland Ave

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,792 Ft²
$1,639
Est. Monthly

About This Property

Grand Victorian in Forest Park's Historic neighborhood - on circle - the heart of the neighborhood.  Updated throughout in 2009.  Natural woodwork throughout, oak paneling, pocket doors, new boiler, HWT, appliances and much more.l
Unit Size
2,792 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$95
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1902

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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: 2 months ago (MLSPIN #71193263)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by Real Living Realty Professionals, LLC $370,000
Listed by Real Living Realty Professionals, LLC
Jun 29, 2012 Sold
Premium
Sold
Dec 7, 2011 Listed by Real Living Realty Professionals, LLC $249,900
Listed by Real Living Realty Professionals, LLC
Mar 1, 2011 Listed by Real Living Realty Professionals, LLC $264,900
Listed by Real Living Realty Professionals, LLC
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 102
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,294
  • Total Building Area: 2,965
  • Gross Building Area: 2,965
  • Building Area: 2,965
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,965
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • 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: R1

Geography

  • Account Number: 110650014
  • Parcel: SPRI S:11065 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.0817
  • Longitude: -72.5742

    Address

  • Full Address: 42 Spruceland Ave
  • Address - House Number: 42
  • Address - Street Name: Spruceland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 2528
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $522,800

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 390,773
  • High Value: 469,880
  • Low Value: 311,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,600
  • Assessed Land Value: $36,600
  • Assessed Improvements Value: $270,000

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38569
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Amount: $242,390
  • Previous Sale Document Type: O
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:

$354,900

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2640 ft²

Average Home Age

97 years

Currently For Sale

61 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

Click here to view more rentals in the neighborhood.
Last Updated: 2 months ago
Data Source: MLS PIN, MLS# 71193263

Frequently Asked Questions

When was property at 42 Spruceland Avenue built and last sold?
The property at 42 Spruceland Avenue was built in 1902 and last sold on Jun 4, 2021 for $346,000.
How much is this home worth?
The estimated value of the home located at 42 Spruceland Avenue is $367,397.
What are some comparable homes to 42 Spruceland Avenue?
There are currently no comparable homes to 42 Spruceland Avenue.
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