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Springfield 01118 East Forest Park
470 Roosevelt Ave.
$171,000
● House - Off Market

470 Roosevelt Ave.

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$298,923
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Colonial style home located in a desirable area of East Forest Park. House looks out on Island Pond and the floating island and gives the viewer a piece of tranquillity.  There are hardwood floors throughout in this seven room, three bedroom house.  There is a large family room that makes this home ideal for a family.  Also, a partially finished basement with many built-ins.  It has a walk out to the yard and another entrance to a storage basement. The garage is attached and has an entrance to the large breezeway that leads into the kitchen. Must make appointment through the office and it must be confirmed.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$109
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
1947

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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 #72120232)

Price History

Date / Event Date Event Price
May 15, 2017 Sold
Premium
Sold
Feb 17, 2017 Listed by Coldwell Banker Residential Brokerage - Longmeadow $185,000
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 380
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,252
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000212
  • 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: 103600090
  • Parcel: SPRI S:10360 P:0090
  • Municipality: SPRINGFIELD
  • Latitude: 42.103
  • Longitude: -72.5376

    Address

  • Full Address: 470 Roosevelt Ave
  • Address - House Number: 470
  • 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: $416,200

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 312,016
  • High Value: 378,592
  • Low Value: 245,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,100
  • Assessed Land Value: $45,800
  • Assessed Improvements Value: $198,300

    Sales

  • Current Sale Recording Date: May 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26470
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

1530 ft²

Average Home Age

77.3 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72120232

Frequently Asked Questions

When was property at 470 Roosevelt Avenue built and last sold?
The property at 470 Roosevelt Avenue was built in 1947 and last sold on Jan 1, 1970 for $171,000.
How much is this home worth?
The estimated value of the home located at 470 Roosevelt Avenue is $196,710.
What are some comparable homes to 470 Roosevelt Avenue?
There are currently no comparable homes to 470 Roosevelt Avenue.
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