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Springfield 01108 Forest Park
45 Meredith St
$180,000
● House - Off Market

45 Meredith St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,619 Ft²
$261,487
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Great house for First Time Buyer...Easy to Maintain and in Move In Condition, This house has features you will appreciate....Replacement Windows, Architectual Shingles, Private Fenced In Lot, Large Two Car Garage... First Flr Half Bath, New Fully Applianced Kitchen with Granite Countertops, Extra large Master Bedroom, New Full Bath with  Ceramic Tile and Marble,Super Knotty Pine Rec Room, Formal Dining Room, Spacious Living Room with Fireplace and Three Season Enclosed Porch. Conveniently located on Side Street close to. Park, Shops and Area Amenities..Convenient to Highway (I-91) and Only minutes to Downtown. Start the New Year in Your Own Home.
Unit Size
1,619 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$114
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1919

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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 #72599442)

Price History

Date / Event Date Event Price
Apr 24, 2020 Sold
Premium
Sold
Dec 9, 2019 Listed by Sears Real Estate, Inc. $183,900
Listed by Sears Real Estate, Inc.
Dec 13, 2018 Sold
Premium
Sold
Jul 23, 2018 Listed by Sears Real Estate, Inc. $124,500
Listed by Sears Real Estate, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • 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: 16
  • 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: 1,619
  • Gross Building Area: 1,619
  • Building Area: 1,619
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,619
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 85400025
  • Parcel: SPRI S:08540 P:0025
  • Municipality: SPRINGFIELD
  • Latitude: 42.0837
  • Longitude: -72.5516

    Address

  • Full Address: 45 Meredith St
  • Address - House Number: 45
  • Address - Street Name: Meredith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2718
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,700

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 277,773
  • High Value: 338,360
  • Low Value: 217,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,100
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $180,000

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20641
  • Previous Sale Recording Date: Dec 13, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $115,000
  • 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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2780 ft²

Average Home Age

93.2 years

Currently For Sale

58 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72599442

Frequently Asked Questions

When was property at 45 Meredith Street built and last sold?
The property at 45 Meredith Street was built in 1919 and last sold on Apr 22, 2020 for $180,000.
How much is this home worth?
The estimated value of the home located at 45 Meredith Street is $190,099.
What are some comparable homes to 45 Meredith Street?
There are currently no comparable homes to 45 Meredith Street.
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