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Springfield 01118 East Forest Park
49 Benz St
$166,700
● House - Off Market

49 Benz St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,402 Ft²
$221,848
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Location, location, location!  Investors or 1st time home buyers will see the potential in this 6 room Ranch, 3 bedrooms, 2 full baths which has a  family room, living room and central air. The spacious combination Living room and Dining room are located in the front of the house. The cozy family room is located int he back side of home. The kitchen has an entrance into a screened in porch. A one car garage is located underneath and enters into the laundry area and unfinished basement space. With a little TLC this area could be a home office or play area.This house has Vinyl siding, roof was stripped and replaced (apo) 2012 .
Unit Size
1,402 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$114
Property Type
House
Property Taxes
$277
HOA Dues
-
Year Built
1957

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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 #72664648)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Feb 26, 2021 Listed by Keller Williams Realty $235,000
Listed by Keller Williams Realty
Jul 1, 2020 Sold
Premium
Sold
May 31, 2020 Listed by Keller Williams Realty $160,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 7,501
  • Total Building Area: 1,402
  • Gross Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,402
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 13000068
  • Parcel: SPRI S:01300 P:0068
  • Municipality: SPRINGFIELD
  • Latitude: 42.093
  • Longitude: -72.5302

    Address

  • Full Address: 49 Benz St
  • Address - House Number: 49
  • Address - Street Name: Benz
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1607
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,200

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 299,066
  • High Value: 358,386
  • Low Value: 239,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,400
  • Assessed Land Value: $40,100
  • Assessed Improvements Value: $216,300

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24116
  • Previous Sale Recording Date: Jul 01, 2020
  • Previous Sale Contract Date: Jun 30, 2020
  • Previous Sale Amount: $166,700
  • Previous 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 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

1535 ft²

Average Home Age

77.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72664648

Frequently Asked Questions

When was property at 49 Benz Street built and last sold?
The property at 49 Benz Street was built in 1957 and last sold on Apr 9, 2021 for $247,000.
How much is this home worth?
The estimated value of the home located at 49 Benz Street is $239,673.
What are some comparable homes to 49 Benz Street?
There are currently no comparable homes to 49 Benz Street.
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