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Springfield 01118 East Forest Park
581 Plumtree
$137,000
● House - Off Market

581 Plumtree

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
816 Ft²
$221,657
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

Wonderful Single Family Home in a very desirable neighborhood. New windows , new roof, new doors, new vinyl siding. Interior boasts hardwood floors throughout , new kitchen cabinets, new countertops. Walk in cedar closet in basement. Extra cabinets in basement.
Unit Size
816 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$170
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1955

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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 #72133859)

Price History

Date / Event Date Event Price
Aug 21, 2017 Sold
Premium
Sold
Mar 21, 2017 Listed by BKaye Realty $139,000
Listed by BKaye Realty
Aug 22, 2016 Sold
Premium
Sold
Jun 3, 2016 Listed by BKaye Realty $68,600
Listed by BKaye Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 15,791
  • Total Building Area: 816
  • Gross Building Area: 816
  • Building Area: 816
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 816
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NOBLE ESTATES
  • Land Acres: 0000000363
  • 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: 98000584
  • Parcel: SPRI S:09800 P:0584
  • Municipality: SPRINGFIELD
  • Latitude: 42.0991
  • Longitude: -72.5268

    Address

  • Full Address: 581 Plumtree Rd
  • Address - House Number: 581
  • Address - Street Name: Plumtree
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1634
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,600

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 239,160
  • High Value: 290,190
  • Low Value: 188,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,100
  • Assessed Land Value: $42,800
  • Assessed Improvements Value: $152,300

    Sales

  • Current Sale Recording Date: Aug 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48670
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Amount: $56,000
  • 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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1515 ft²

Average Home Age

77.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72133859

Frequently Asked Questions

When was property at 581 Plumtree Road built and last sold?
The property at 581 Plumtree Road was built in 1955 and last sold on Jan 1, 1970 for $138,000.
How much is this home worth?
The estimated value of the home located at 581 Plumtree Road is $137,396.
What are some comparable homes to 581 Plumtree Road?
There are currently no comparable homes to 581 Plumtree Road.
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