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Springfield 01108 Forest Park
494 Tiffany St
$325,000
● House - Off Market

494 Tiffany St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,290 Ft²
$1,947
Est. Monthly

About This Property

Discover charm and convenience at 494 Tiffany St, Springfield, MA 01108. This delightful 3-bedroom, 1.5-bath home offers 1,290 sq ft of comfortable living space. Relax on the spacious front porch or enjoy the privacy of your fenced-in yard. Inside, you'll find a cozy fireplace and central air conditioning, ensuring comfort year-round. The kitchen features plenty of counter space and cabinets, perfect for all your culinary needs. Additional storage is available with a one-car attached garage and a shed. Ideally located just minutes from shopping, Franconia Golf Course, and Forest Park, this Springfield gem is a must-see. Schedule your showing today!
Unit Size
1,290 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$256
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1956

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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 #73247259)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 5, 2024 Listed by ROVI Homes $330,000
Listed by ROVI Homes
Jul 11, 2023 Sold
Premium
Sold
May 31, 2023 In contract -
In contract
May 23, 2023 Relisted $155,000
Relisted
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,290
  • Gross Building Area: 1,290
  • Building Area: 1,290
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,290
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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: 115550151
  • Parcel: SPRI S:11555 P:0151
  • Municipality: SPRINGFIELD
  • Latitude: 42.0683
  • Longitude: -72.5411

    Address

  • Full Address: 494 Tiffany St
  • Address - House Number: 494
  • Address - Street Name: Tiffany
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 3373
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $391,500

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 290,374
  • High Value: 349,158
  • Low Value: 231,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,600
  • Assessed Land Value: $40,800
  • Assessed Improvements Value: $188,800

    Sales

  • Current Sale Contract Date: Jul 08, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31698
  • Previous Sale Recording Date: Nov 02, 2009
  • Previous Sale Amount: $155,000
  • 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:

$354,900

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2906 ft²

Average Home Age

93.4 years

Currently For Sale

57 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# 73247259

Frequently Asked Questions

When was property at 494 Tiffany Street built and last sold?
The property at 494 Tiffany Street was built in 1956 and last sold on Jul 8, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 494 Tiffany Street is $320,519.
What are some comparable homes to 494 Tiffany Street?
There are currently no comparable homes to 494 Tiffany Street.
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