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Springfield 01118 East Forest Park
53 Clement St
$172,500
● House - Off Market

53 Clement St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$270,996
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

What a find in East Forest Park.  This is just the place you've been looking for.  Enjoy the large living room and dining room, perfect for entertaining and a HUGE master bedroom.  This house has plenty of closets everywhere, a large fenced in yard to enjoy and plenty of room in the basement to finish for extra living space.  Don't miss this opportunity to grab this amazing home and priced to sell.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$123
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1970

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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: 4 months ago (MLSPIN #72264039)

Price History

Date / Event Date Event Price
Mar 27, 2018 Sold
Premium
Sold
Dec 12, 2017 Listed by BKaye Realty $175,000
Listed by BKaye Realty
Jul 31, 2009 Sold
Premium
Sold
Apr 29, 2009 Listed by BKaye Realty $170,000
Listed by BKaye Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 14
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 8,773
  • Total Building Area: 1,428
  • Gross Building Area: 1,428
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 28550040
  • Parcel: SPRI S:02855 P:0040
  • Municipality: SPRINGFIELD
  • Latitude: 42.0928
  • Longitude: -72.5322

    Address

  • Full Address: 53 Clement St
  • Address - House Number: 53
  • Address - Street Name: Clement
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1511
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,900

    Appraisal Valuation

  • Standard Deviation: 0.1984
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 280,565
  • High Value: 336,240
  • Low Value: 224,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,900
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $186,400

    Sales

  • Current Sale Recording Date: Mar 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15674
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Amount: $170,000
  • 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

52

Average Home Size

1540 ft²

Average Home Age

77.8 years

Currently For Sale

26 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: 4 months ago
Data Source: MLS PIN, MLS# 72264039

Frequently Asked Questions

When was property at 53 Clement Street built and last sold?
The property at 53 Clement Street was built in 1970 and last sold on Jan 1, 1970 for $172,500.
How much is this home worth?
The estimated value of the home located at 53 Clement Street is $183,450.
What are some comparable homes to 53 Clement Street?
There are currently no comparable homes to 53 Clement Street.
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