For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Springfield 01108 Forest Park
48 Elwood Dr
$208,000
● House - Off Market

48 Elwood Dr

Springfield, MA 01108
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,358 Ft²
$350,664
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Near Longmeadow on beautiful terraced street only yards from the new Camp & wonderful Forest Park! You'll love calling this charming 10 room stucco Colonial HOME! Newly redecorated, ready to move in has spacious living rm w/fireplace. Dining rm has beams / blt-ins, sunny den/office. Gorgeous brand new (gutted) kitchen w/numerous cabinets & table have quartz counters, stainless steel appliances, handy new lav w/chandelier & sunny family rm w/shelving decor. 4 great bedrms on 2nd flr, brand new (gutted) bath & 6x9.5FT Closet rm. Much beautiful hardwd flrs. Huge game rm/bar, hobby rm & shower in basement. Updated HWH, elec panel, much plumbing. 2010 (stripped) roof. Boasts both Anderson thermo plus storm windows. O'sized 2 car garage in great yard.
Unit Size
2,358 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$93
Property Type
House
Property Taxes
$355
HOA Dues
-
Year Built
1929

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72134621)

Price History

Date / Event Date Event Price
Aug 18, 2017 Sold
Premium
Sold
Mar 22, 2017 Listed by Dot Lortie Realty / Landmark $219,900
Listed by Dot Lortie Realty / Landmark

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 470
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,743
  • Total Building Area: 2,252
  • Gross Building Area: 2,252
  • Building Area: 2,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,252
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000155
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 46300008
  • Parcel: SPRI S:04630 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.0767
  • Longitude: -72.5557

    Address

  • Full Address: 48 Elwood Dr
  • Address - House Number: 48
  • Address - Street Name: Elwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2644
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $453,000

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 347,790
  • High Value: 418,196
  • Low Value: 277,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,700
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 48104
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:

$350,000

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

62

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72134621

Frequently Asked Questions

When was property at 48 Elwood Drive built and last sold?
The property at 48 Elwood Drive was built in 1929 and last sold on Jan 1, 1970 for $208,000.
How much is this home worth?
The estimated value of the home located at 48 Elwood Drive is $228,228.
What are some comparable homes to 48 Elwood Drive?
There are currently no comparable homes to 48 Elwood Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Springfield Homes for Sale
Springfield Houses for Sale
Springfield Condos for Sale
Springfield Co-Ops for Sale
Springfield Townhouses for Sale
Springfield Multifamily for Sale
Springfield Land for Sale
Springfield Commercial for Sale
Nearby Cities
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
Longmeadow Homes for Sale
Wilbraham Homes for Sale
Thompsonville Homes for Sale
Nearby Property Records
Hampden County, MA Property Records
Hampshire County, MA Property Records
Tolland County, CT Property Records
Hartford County, CT Property Records
Franklin County, MA Property Records
Windham County, CT Property Records
Berkshire County, MA Property Records
Worcester County, MA Property Records
Neighborhoods
Forest Park Real Estate
Sixteen Acres Real Estate
East Forest Park Real Estate
Liberty Heights Real Estate
Pine Point Real Estate
East Springfield Real Estate
Indian Orchard Real Estate
Boston Road Real Estate
Nearby Counties
Chicopee Homes for Sale
Westfield Homes for Sale
Agawam Town Homes for Sale
West Springfield Town Homes for Sale
Holyoke Homes for Sale
Longmeadow Homes for Sale
Ludlow Homes for Sale
East Longmeadow Homes for Sale
Top Real Estate Agents
Top Agents in Forest Park
Top Agents in Springfield
Top Agents in Chicopee
Top Agents in Chicopee
Top Agents in Westfield
Top Agents in Westfield
Top Agents in Agawam Town
Top Agents in Agawam Town