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Springfield 01108 Forest Park
43 Herman
$105,000
● House - Off Market

43 Herman

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,420 Ft²
$202,603
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Hola! New Vinyl Siding !! On this Nicely maintained single family home. Offers tiled foyer wth closet. Large living room, dining room with built-ins and beautiful wood floors thru-out. Large eat-kitchen wth closets, mud room and half bath. Upstairs offers hallway wth closet, three bedrooms and nice size full bath. Including large bedroom with double closets and a private porch for relaxing. In addition a walk up attic for possible extra living space. Updated windows thru-out. Newer front porch. Gas heat. Circuit breakers. Plus a two car garage.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$77
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1921

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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 #71601937)

Price History

Date / Event Date Event Price
Jun 18, 2014 Sold
Premium
Sold
Oct 28, 2013 Listed by Maria Acuna Real Estate $109,000
Listed by Maria Acuna Real Estate
Feb 4, 2011 Sold
Premium
Sold
Nov 30, 2010 Sold
Premium
Sold
Apr 19, 2010 Listed by Maria Acuna Real Estate $69,900
Listed by Maria Acuna Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • 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: 1,603
  • Gross Building Area: 1,603
  • Building Area: 1,603
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,603
  • Heating Fuel Type: 3

    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: 802300

Zoning

  • Zoning: R2

Geography

  • Account Number: 65650013
  • Parcel: SPRI S:06565 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.0886
  • Longitude: -72.5527

    Address

  • Full Address: 43 Herman St
  • Address - House Number: 43
  • Address - Street Name: Herman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C015
  • 4-Digit Zip Code: 2137
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $335,200

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 277,415
  • High Value: 337,924
  • Low Value: 216,907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,600
  • Assessed Land Value: $27,300
  • Assessed Improvements Value: $169,300

    Sales

  • Current Sale Recording Date: Jun 18, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28031
  • Previous Sale Recording Date: Feb 04, 2011
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: 27
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

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2906 ft²

Average Home Age

93.4 years

Currently For Sale

57 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# 71601937

Frequently Asked Questions

When was property at 43 Herman Street built and last sold?
The property at 43 Herman Street was built in 1921 and last sold on Jan 1, 1970 for $105,000.
How much is this home worth?
The estimated value of the home located at 43 Herman Street is $116,521.
What are some comparable homes to 43 Herman Street?
There are currently no comparable homes to 43 Herman Street.
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