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Springfield 01108 Forest Park
503 Tiffany St
$335,000
● House - Off Market

503 Tiffany St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,480 Ft²
$327,612
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This completely renovated three bedroom raised ranch is ready to move-in.  New Kitchen, New Bathroom, New Roof, New Siding, New Windows.  Move right in to this very nicely redesigned and refinished Home that is just waiting for you.  This house has been updated throughout including the addition of a family/office and second bath in the lower level. This won't last long and is easy to show.  Schedule your showing now before it's too late!!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$189
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1978

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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 years ago (MLSPIN #72834446)

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold
Premium
Sold
May 19, 2021 Listed by NRG Real Estate Services, Inc. $280,000
Listed by NRG Real Estate Services, Inc.
Nov 12, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,185
  • Total Building Area: 1,480
  • Gross Building Area: 1,480
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • 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: 115550195
  • Parcel: SPRI S:11555 P:0195
  • Municipality: SPRINGFIELD
  • Latitude: 42.0686
  • Longitude: -72.5408

    Address

  • Full Address: 503 Tiffany St
  • Address - House Number: 503
  • Address - Street Name: Tiffany
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C040
  • 4-Digit Zip Code: 3342
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $484,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 343,554
  • High Value: 413,103
  • Low Value: 274,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,900
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $243,600

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 45349
  • Previous Sale Recording Date: Nov 12, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 71
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

$161

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2658 ft²

Average Home Age

97 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72834446

Frequently Asked Questions

When was property at 503 Tiffany Street built and last sold?
The property at 503 Tiffany Street was built in 1978 and last sold on Jun 29, 2021 for $335,000.
How much is this home worth?
The estimated value of the home located at 503 Tiffany Street is $287,131.
What are some comparable homes to 503 Tiffany Street?
There are currently no comparable homes to 503 Tiffany Street.
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