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Springfield 01108 Forest Park
47 Craig St
$285,000
● House - Off Market

47 Craig St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,265 Ft²
$288,921
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Welcome to this charming one family home located at the end of a quiet dead-end street. This stunning property boasts 3 bedrooms and 3 bathrooms. The recently updated roof ensures that you will have peace of mind for years to come. You'll love the privacy and security provided by the fenced yard. Additionally, the attached garage provides convenience and extra storage space. Don't miss out on the opportunity to make this your dream home!
Unit Size
1,265 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$229
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1958

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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 #73153873)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Sep 8, 2023 In contract -
In contract
Aug 30, 2023 Listed by The Tate Team $290,000
Listed by The Tate Team
Sep 30, 1999 Sold
Premium
Sold
Jul 7, 1999 Listed by The Tate Team $119,900
Listed by The Tate Team

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,155
  • Total Building Area: 1,265
  • Gross Building Area: 1,265
  • Building Area: 1,265
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,265
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000509
  • 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: 33600014
  • Parcel: SPRI S:03360 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.0743
  • Longitude: -72.5486

    Address

  • Full Address: 47 Craig St
  • Address - House Number: 47
  • Address - Street Name: Craig
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 3109
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $367,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 273,250
  • High Value: 332,859
  • Low Value: 213,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,700
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $170,800

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50019
  • Previous Sale Recording Date: Sep 30, 1999
  • Previous Sale Amount: $115,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73153873

Frequently Asked Questions

When was property at 47 Craig Street built and last sold?
The property at 47 Craig Street was built in 1958 and last sold on Oct 20, 2023 for $285,000.
How much is this home worth?
The estimated value of the home located at 47 Craig Street is $288,605.
What are some comparable homes to 47 Craig Street?
There are currently no comparable homes to 47 Craig Street.
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