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Springfield 01108 Forest Park
58 Meredith St
$107,250
● House - Off Market

58 Meredith St

Springfield, MA 01108
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,034 Ft²
$185,618
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

If you want a Colonial with character look no further....this charming home in Forest Park features stained glass,  natural woodwork, hardwood floors, and a wood burning fireplace.  Private fenced in backyard with a screened in side porch. The cute as a button kitchen has a generously sized pantry and butcher block counter tops. The Dining area has built in cabinets and seating. This well cared for two bedroom home has a master bedroom with an attached room for a nursery, home office or walk in closet.  Don't miss your opportunity to own this home!!!
Unit Size
1,034 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$106
Property Type
House
Property Taxes
$164
HOA Dues
-
Year Built
1921

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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: 4 months ago (MLSPIN #71926456)

Price History

Date / Event Date Event Price
Aug 26, 2016 Sold
Premium
Sold
Nov 1, 2015 Listed by Keller Williams Realty $109,900
Listed by Keller Williams Realty
Apr 16, 2010 Sold
Premium
Sold
Feb 8, 2010 Listed by Keller Williams Realty $117,500
Listed by Keller Williams Realty
Jun 11, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,034
  • Gross Building Area: 1,034
  • Building Area: 1,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,034
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 85400012
  • Parcel: SPRI S:08540 P:0012
  • Municipality: SPRINGFIELD
  • Latitude: 42.0833
  • Longitude: -72.552

    Address

  • Full Address: 58 Meredith St
  • Address - House Number: 58
  • Address - Street Name: Meredith
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C014
  • 4-Digit Zip Code: 2719
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $317,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 247,937
  • High Value: 292,552
  • Low Value: 203,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,000
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $150,900

    Sales

  • Current Sale Recording Date: Aug 26, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50551
  • Previous Sale Recording Date: Apr 16, 2010
  • Previous Sale Amount: $115,500
  • 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 Forest Park

Stats & Trends

Median Asking:

$349,999

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2729 ft²

Average Home Age

93 years

Currently For Sale

59 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# 71926456

Frequently Asked Questions

When was property at 58 Meredith Street built and last sold?
The property at 58 Meredith Street was built in 1921 and last sold on Jan 1, 1970 for $107,250.
How much is this home worth?
The estimated value of the home located at 58 Meredith Street is $116,362.
What are some comparable homes to 58 Meredith Street?
There are currently no comparable homes to 58 Meredith Street.
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