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Springfield 01108 Forest Park
50 Hall Street
$50,000
● House - Off Market

50 Hall Street

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,626 Ft²
$84,147
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Perfect investment opportunity in this seven room, three bedroom one full bath colonial. Full basement for room to expand. Fenced in yard with one car detached garage. Buyer to verify all information and use of property. Come see it today.
Unit Size
1,626 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$31
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1899

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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 #72065720)

Price History

Date / Event Date Event Price
Apr 10, 2023 Sold
Premium
Sold
Oct 18, 2016 Sold
Premium
Sold
Sep 11, 2016 Listed by Gallagher Real Estate $49,900
Listed by Gallagher Real Estate

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 1
  • 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: 176
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,683
  • Total Building Area: 1,628
  • Gross Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000108
  • 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: 802200

Zoning

  • Zoning: R2

Geography

  • Account Number: 61700010
  • Parcel: SPRI S:06170 P:0010
  • Municipality: SPRINGFIELD
  • Latitude: 42.0891
  • Longitude: -72.5665

    Address

  • Full Address: 50 Hall St
  • Address - House Number: 50
  • Address - Street Name: Hall
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C030
  • 4-Digit Zip Code: 1728
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $247,100
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.271
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 252,538
  • High Value: 321,000
  • Low Value: 184,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,900
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $123,300

    Sales

  • Current Sale Contract Date: Apr 07, 2023
  • Current Sale Recording Date: Apr 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16123
  • Previous Sale Recording Date: Oct 18, 2016
  • Previous Sale Amount: $50,000
  • 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:

$353,000

Sale Price/ft²

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

3039 ft²

Average Home Age

96.2 years

Currently For Sale

56 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: 5 months ago
Data Source: MLS PIN, MLS# 72065720

Frequently Asked Questions

When was property at 50 Hall Street built and last sold?
The property at 50 Hall Street was built in 1899 and last sold on Apr 7, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 50 Hall Street is $65,667.
What are some comparable homes to 50 Hall Street?
There are currently no comparable homes to 50 Hall Street.
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