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Springfield 01118 East Forest Park
53 Pennsylvania Ave
$179,000
● House - Off Market

53 Pennsylvania Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,285 Ft²
$303,846
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Gorgeous colonial located in East Forest Park. Vinyl siding, storm doors, a 1 car garage with an additional 2 parking spots in the driveway and fenced in yard. Beautiful living room with a fireplace and bamboo floors which extend into the dining room. Master bedroom is on the first floor with a full bathroom with shower stall. Plenty of natural sunlight shines through the eat-in kitchen, which has a great deal of counter space and cabinets and also has bamboo flooring. Charming bedrooms all with hardwood floors. This house is the perfect family home! Don't miss your chance to make it yours!
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$139
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1943

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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 #71987917)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jun 13, 2021 Listed by Real Living Realty Professionals, LLC $250,000
Listed by Real Living Realty Professionals, LLC
Jun 7, 2016 Sold
Premium
Sold
Apr 13, 2016 Listed by Real Living Realty Professionals, LLC $179,000
Listed by Real Living Realty Professionals, LLC
Jul 31, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • 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: 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 1,285
  • Gross Building Area: 1,285
  • Building Area: 1,285
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,285
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 96350043
  • Parcel: SPRI S:09635 P:0043
  • Municipality: SPRINGFIELD
  • Latitude: 42.1001
  • Longitude: -72.5299

    Address

  • Full Address: 53 Pennsylvania Ave
  • Address - House Number: 53
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1329
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,400

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 327,073
  • High Value: 387,520
  • Low Value: 266,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,700
  • Assessed Land Value: $44,700
  • Assessed Improvements Value: $213,000

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56478
  • Previous Sale Recording Date: Jun 07, 2016
  • Previous Sale Amount: $179,000
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1450 ft²

Average Home Age

72.1 years

Currently For Sale

25 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# 71987917

Frequently Asked Questions

When was property at 53 Pennsylvania Avenue built and last sold?
The property at 53 Pennsylvania Avenue was built in 1943 and last sold on Aug 12, 2021 for $290,000.
How much is this home worth?
The estimated value of the home located at 53 Pennsylvania Avenue is $252,488.
What are some comparable homes to 53 Pennsylvania Avenue?
There are currently no comparable homes to 53 Pennsylvania Avenue.
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