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Springfield 01118 East Forest Park
502 Plumtree
Photo of 502 Plumtree
Sold on Sep 30, 2008

1

Map

$144,000
● House - Off Market

502 Plumtree

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,055 Ft²
$292,595
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Charming Brick Cape on beautifully landscaped corner lot in East Forest Park. Oversized 2 car garage w/ working plumbing and electrical...Large living rm., Lots of character including built-ins, fireplace, hdwd flrs. Knotty Pine enclosed porch has heater for year round use & beautiful slate floor. Finished room in basement w/ walk-in closet could be used as bedroom, play room, office, etc. Newer furnace (APO). A great starter home or for someone who is looking to downsize. Easy to show...
Unit Size
1,055 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$142
Property Type
House
Property Taxes
$205
HOA Dues
-
Year Built
1939

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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 #70739812)

Price History

Date / Event Date Event Price
Sep 30, 2008 Sold
Premium
Sold
Apr 7, 2008 Listed $149,900
Listed
Mar 30, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 248
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,485
  • Total Building Area: 1,028
  • Gross Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • 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: 98000102
  • Parcel: SPRI S:09800 P:0102
  • Municipality: SPRINGFIELD
  • Latitude: 42.099
  • Longitude: -72.5298

    Address

  • Full Address: 502 Plumtree Rd
  • Address - House Number: 502
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1641
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,300
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 282,219
  • High Value: 342,437
  • Low Value: 222,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,800
  • Assessed Land Value: $46,200
  • Assessed Improvements Value: $171,600

    Sales

  • Current Sale Recording Date: Sep 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 64035
  • Previous Sale Recording Date: Mar 30, 1993
  • Previous Sale Amount: $93,000
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1498 ft²

Average Home Age

76.4 years

Currently For Sale

21 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70739812

Frequently Asked Questions

When was property at 502 Plumtree Road built and last sold?
The property at 502 Plumtree Road was built in 1939 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 502 Plumtree Road is $152,820.
What are some comparable homes to 502 Plumtree Road?
There are currently no comparable homes to 502 Plumtree Road.
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