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 Park Edge Avenue
$250,000
● House - Off Market

48 Park Edge Avenue

Springfield, MA 01108
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,558 Ft²
$521,767
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Stately center hall Colonial on quiet side street - easy walking distance to Forest Park. Seller has had  asbestos removed from basement pipes, the old oil boiler removed and a new gas boiler installed !! With replacement windows (a few exceptions) and extra insulation installed by Seller (APO) , keeping cozy in the winter will be a snap! Bright,sunny home with gracious, large rooms & a super backyard - large deck & level lot for great warm weather fun. Roof abt 7 years old,new paver walkway, HWH,& electric panel.Security system & in-grnd sprinklers(separate meter). All topped off with  a one year Home Warranty compliments of the Seller!
Unit Size
3,558 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$75
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1925

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 #71513785)

Price History

Date / Event Date Event Price
Jan 27, 2014 Sold
Premium
Sold
Apr 24, 2013 Listed by Coldwell Banker Residential Brokerage - Longmeadow $268,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 320
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,066
  • Total Building Area: 3,558
  • Gross Building Area: 3,558
  • Building Area: 3,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • 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: 95050006
  • Parcel: SPRI S:09505 P:0006
  • Municipality: SPRINGFIELD
  • Latitude: 42.0778
  • Longitude: -72.5569

    Address

  • Full Address: 48 Park Edge Ave
  • Address - House Number: 48
  • Address - Street Name: Park Edge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2650
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,800

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 430,710
  • High Value: 515,529
  • Low Value: 345,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,100
  • Assessed Land Value: $37,700
  • Assessed Improvements Value: $309,400

    Sales

  • Current Sale Recording Date: Jan 27, 2014
  • Current Sale Price:
    Premium
  • Current 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:

$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# 71513785

Frequently Asked Questions

When was property at 48 Park Edge Avenue built and last sold?
The property at 48 Park Edge Avenue was built in 1925 and last sold on Jan 1, 1970 for $250,000.
How much is this home worth?
The estimated value of the home located at 48 Park Edge Avenue is $270,098.
What are some comparable homes to 48 Park Edge Avenue?
There are currently no comparable homes to 48 Park Edge Avenue.
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