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Springfield 01108 Forest Park
49 Malden St
$180,000
● House - Off Market

49 Malden St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,480 Ft²
$199,996
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Hola! Opportunity awaits! Large 3 bedroom single family home with 1.5 baths.  First floor features large open spaces between the living room, dining room, kitchen and additional bonus room. Lots of tile flooring throughout the home! Enclosed porches on 1st and 2nd plus an additional 3 season room with glass door access to dining room. Vinyl siding, replacement windows, roof 2011, gas heat and gas hot water.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$125
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72915509)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Nov 2, 2021 Listed by Acuna Real Estate $184,900
Listed by Acuna Real Estate
May 15, 2009 Sold
Premium
Sold
Dec 5, 2008 Listed by Acuna Real Estate $70,900
Listed by Acuna Real Estate
Oct 12, 2007 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 6
  • 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: 256
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 802300

Zoning

  • Zoning: R2

Geography

  • Account Number: 81450049
  • Parcel: SPRI S:08145 P:0049
  • Municipality: SPRINGFIELD
  • Latitude: 42.0952
  • Longitude: -72.5617

    Address

  • Full Address: 49 Malden St
  • Address - House Number: 49
  • Address - Street Name: Malden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1308
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $289,500

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 243,776
  • High Value: 296,947
  • Low Value: 190,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,800
  • Assessed Land Value: $27,300
  • Assessed Improvements Value: $142,500

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4239
  • Previous Sale Recording Date: May 15, 2009
  • Previous Sale Amount: $70,000
  • 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 Forest Park

Stats & Trends

Median Asking:

$351,500

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2547 ft²

Average Home Age

92.9 years

Currently For Sale

59 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: 6 months ago
Data Source: MLS PIN, MLS# 72915509

Frequently Asked Questions

When was property at 49 Malden Street built and last sold?
The property at 49 Malden Street was built in 1900 and last sold on Jan 21, 2022 for $180,000.
How much is this home worth?
The estimated value of the home located at 49 Malden Street is $187,366.
What are some comparable homes to 49 Malden Street?
There are currently no comparable homes to 49 Malden Street.
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