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Springfield 01118 East Forest Park
58 Chilson St
$130,000
● House - Off Market

58 Chilson St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,512 Ft²
$241,306
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Clean as a whistle is a great way to describe this spacious 3+ bedroom 1.5 bath colonial located in the always desirable East Forest Park area. Enjoy the updated kitchen and powder room as well as the shiny hardwood floors and the confidence that comes from a brand new roof and heating system, Large bedrooms as well as an office and a playroom create lots of options for the lucky buyer of this home.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$86
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1929

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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: 6 months ago (MLSPIN #71708597)

Price History

Date / Event Date Event Price
Dec 29, 2020 Sold
Premium
Sold
Nov 6, 2020 Listed by Keller Williams Realty $219,900
Listed by Keller Williams Realty
Sep 2, 2014 Sold
Premium
Sold
Jul 3, 2014 Listed by Keller Williams Realty $129,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 7
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,554
  • Gross Building Area: 1,554
  • Building Area: 1,554
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,554
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 27650011
  • Parcel: SPRI S:02765 P:0011
  • Municipality: SPRINGFIELD
  • Latitude: 42.0879
  • Longitude: -72.5397

    Address

  • Full Address: 58 Chilson St
  • Address - House Number: 58
  • Address - Street Name: Chilson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C049
  • 4-Digit Zip Code: 2124
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $386,500

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 288,644
  • High Value: 345,896
  • Low Value: 231,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,700
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $191,600

    Sales

  • Current Sale Contract Date: Dec 16, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 78783
  • Previous Sale Recording Date: Sep 02, 2014
  • Previous Sale Amount: $130,000
  • 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

$225

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1425 ft²

Average Home Age

72.7 years

Currently For Sale

31 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: 6 months ago
Data Source: MLS PIN, MLS# 71708597

Frequently Asked Questions

When was property at 58 Chilson Street built and last sold?
The property at 58 Chilson Street was built in 1929 and last sold on Dec 16, 2020 for $235,000.
How much is this home worth?
The estimated value of the home located at 58 Chilson Street is $226,495.
What are some comparable homes to 58 Chilson Street?
There are currently no comparable homes to 58 Chilson Street.
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