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Springfield 01128 Sixteen Acres
483 Forest Hills Rd
Photo of 483 Forest Hills Rd
Sold on Jun 6, 2008

1

Map

$225,000
● House - Off Market

483 Forest Hills Rd

Springfield, MA 01128
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,725 Ft²
$431,012
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

What a Spectacular Home! Meticulously maintained and situated on .4 Acres of privacy this Gorgeous Split Level boasts an unbelievable open floor plan! Gleaming hardwood floors, sunlit rooms, huge fireplaced LRM, formal DRM w/French door leads to 3 season porch w/floor to ceiling windows. Beautiful remodeled kitchen, private Master bath & a great lower level Family RM w/full windows & side entry. Fantastic landscaped grounds include Sprinkler system, 15' Patio & 8x10 Storage Shed. It's A Beauty!
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$133
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70707526)

Price History

Date / Event Date Event Price
Aug 27, 2021 Sold
Premium
Sold
Jul 27, 2021 Listed $398,800
Listed
Jun 6, 2008 Sold
Premium
Sold
Feb 2, 2008 Listed $229,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 17,407
  • Total Building Area: 2,466
  • Gross Building Area: 2,466
  • Building Area: 2,466
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,466
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000400
  • 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: 801604

Zoning

  • Zoning: R6

Geography

  • Account Number: 52700065
  • Parcel: SPRI S:05270 P:0065
  • Municipality: SPRINGFIELD
  • Latitude: 42.0893
  • Longitude: -72.4867

    Address

  • Full Address: 483 Forest Hills Rd
  • Address - House Number: 483
  • Address - Street Name: Forest Hills
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C036
  • 4-Digit Zip Code: 1215
  • Zip Code: 01128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $626,100

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 471,490
  • High Value: 558,657
  • Low Value: 384,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,200
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $306,600

    Sales

  • Current Sale Contract Date: Aug 19, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60432
  • Previous Sale Recording Date: Jun 06, 2008
  • Previous Sale Amount: $225,000
  • 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 Sixteen Acres

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$240

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1170 ft²

Average Home Age

58.2 years

Currently For Sale

21 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70707526

Frequently Asked Questions

When was property at 483 Forest Hills Road built and last sold?
The property at 483 Forest Hills Road was built in 1954 and last sold on Aug 19, 2021 for $435,000.
How much is this home worth?
The estimated value of the home located at 483 Forest Hills Road is $403,745.
What are some comparable homes to 483 Forest Hills Road?
There are currently no comparable homes to 483 Forest Hills Road.
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