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Springfield 01118 East Forest Park
50 Kipling St
$202,000
● House - Off Market

50 Kipling St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,332 Ft²
$339,609
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Neat as a pin!  Come see this beautifully decorated three bedroom colonial with hardwood floors, fireplace, cozy sunroom and a finished basement to boot!  Enjoy the perfect relaxing setting in the living room or family room  Want to spend time outside?  Spend some time outside entertaining guest on the spacious deck and pleasant backyard.  This home is in move-in condition and just waiting for you!
Unit Size
1,332 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$169
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1947

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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: 5 months ago (MLSPIN #72367597)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Jul 24, 2018 Listed by Sears Real Estate, Inc. $224,500
Listed by Sears Real Estate, Inc.
Jun 29, 2001 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,576
  • Total Building Area: 1,332
  • Gross Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 73300012
  • Parcel: SPRI S:07330 P:0012
  • Municipality: SPRINGFIELD
  • Latitude: 42.1017
  • Longitude: -72.5357

    Address

  • Full Address: 50 Kipling St
  • Address - House Number: 50
  • Address - Street Name: Kipling
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1228
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 321,012
  • High Value: 387,017
  • Low Value: 255,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,300
  • Assessed Land Value: $55,300
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Recording Date: Sep 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58418
  • Previous Sale Recording Date: Jun 29, 2001
  • Previous Sale Amount: $146,500
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1484 ft²

Average Home Age

74.3 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 72367597

Frequently Asked Questions

When was property at 50 Kipling Street built and last sold?
The property at 50 Kipling Street was built in 1947 and last sold on Jan 1, 1970 for $202,000.
How much is this home worth?
The estimated value of the home located at 50 Kipling Street is $229,428.
What are some comparable homes to 50 Kipling Street?
There are currently no comparable homes to 50 Kipling Street.
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