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Springfield 01108 Forest Park
49 Varney St
$271,000
● House - Off Market

49 Varney St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,462 Ft²
$255,771
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This is the one you've been waiting for.  Here's your very well maintained, updated ranch near the Longmeadow line.  Nothing to do but more right in and start enjoying.  This wonderful home offers a great eat-in kitchen that opens up into a nice family room or formal dining room, a living room with classic hardwood floors and a great big picture window letting in all that natural light.  If your looking for even more space, enjoy the game room/man-cave complete with bar in the basement.  Outside you have a huge fenced-in yard just waiting for those summer backyard parties.  You won't want to miss this one and its priced to sell.  Make your appointment today.
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$171
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72982674)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
May 17, 2022 Listed by BKaye Realty $250,000
Listed by BKaye Realty
Oct 15, 2015 Sold
Premium
Sold
Aug 14, 2015 Listed by BKaye Realty $159,900
Listed by BKaye Realty
Dec 29, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,755
  • Total Building Area: 1,162
  • Gross Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000247
  • 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: 802602

Zoning

  • Zoning: R1

Geography

  • Account Number: 118230015
  • Parcel: SPRI S:11823 P:0015
  • Municipality: SPRINGFIELD
  • Latitude: 42.0717
  • Longitude: -72.5408

    Address

  • Full Address: 49 Varney St
  • Address - House Number: 49
  • Address - Street Name: Varney
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3539
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $355,500

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 278,832
  • High Value: 335,279
  • Low Value: 222,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,500
  • Assessed Land Value: $41,200
  • Assessed Improvements Value: $167,300

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40201
  • Previous Sale Recording Date: Oct 15, 2015
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: O
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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2935 ft²

Average Home Age

94.5 years

Currently For Sale

60 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# 72982674

Frequently Asked Questions

When was property at 49 Varney Street built and last sold?
The property at 49 Varney Street was built in 1955 and last sold on Jun 30, 2022 for $271,000.
How much is this home worth?
The estimated value of the home located at 49 Varney Street is $252,284.
What are some comparable homes to 49 Varney Street?
There are currently no comparable homes to 49 Varney Street.
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