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Springfield 01118 East Forest Park
440 Roosevelt Ave
$420,000
● House - Off Market

440 Roosevelt Ave

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,734 Ft²
$438,387
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Wow !! Must see this Waterfront Home that is move in ready and it's many features include hardwood & ceramic tile floors, hot tub in screened porch looking out on water with fenced back yard. Master bedroom has doors to deck also with water view. Finished basement features Bar & office. Mini split system for heat & AC. Home is not for Rent
Unit Size
2,734 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$159
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1947

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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: 4 months ago (MLSPIN #72952138)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Mar 12, 2022 Listed by First Place Realty $435,000
Listed by First Place Realty
Jan 28, 2013 Sold
Premium
Sold
Jun 27, 2012 Listed by First Place Realty $239,900
Listed by First Place Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • 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: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 171
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,400
  • Total Building Area: 2,127
  • Gross Building Area: 2,127
  • Building Area: 2,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,127
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMESTEADS ISLAND POND VILLAGE
  • Land Acres: 0000000216
  • 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: 103600084
  • Parcel: SPRI S:10360 P:0084
  • Municipality: SPRINGFIELD
  • Latitude: 42.1022
  • Longitude: -72.5378

    Address

  • Full Address: 440 Roosevelt Ave
  • Address - House Number: 440
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1160
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $637,800

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 411,534
  • High Value: 488,509
  • Low Value: 334,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $374,100
  • Assessed Land Value: $45,800
  • Assessed Improvements Value: $328,300

    Sales

  • Current Sale Contract Date: May 23, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31408
  • Previous Sale Recording Date: Jan 28, 2013
  • Previous Sale Amount: $224,000
  • 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

1535 ft²

Average Home Age

77.4 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# 72952138

Frequently Asked Questions

When was property at 440 Roosevelt Avenue built and last sold?
The property at 440 Roosevelt Avenue was built in 1947 and last sold on May 23, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 440 Roosevelt Avenue is $437,346.
What are some comparable homes to 440 Roosevelt Avenue?
There are currently no comparable homes to 440 Roosevelt Avenue.
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