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Springfield 01118 East Forest Park
60 Wayne St
$310,000
● House - Off Market

60 Wayne St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,613 Ft²
$313,913
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Come take a look at this newly remodeled colonial home! This beauty features 3 bedrooms, 1.5 bathrooms. First floor includes a whole new kitchen from all white cabinets to stainless steel appliances. Also a separate dining room area and a large living room. Plenty of natural lighting, a beautiful fireplace and much more that makes this home so cozy. Original hardwood flooring throughout the house with laminate life proof flooring in the kitchen and bathrooms. The second floor includes 3 bedrooms and the full bathroom. Several updates done to the electrical and plumbing system as well as a brand new roof. Laundry hook ups are located in the basement. Outside you will find a separate garage for 1 car with a large yard perfect for you and your family.
Unit Size
1,613 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$186
Property Type
House
Property Taxes
$312
HOA Dues
-
Year Built
1940

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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 #73011930)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Gallagher Real Estate $299,999
Listed by Gallagher Real Estate
Feb 16, 2022 Sold
Premium
Sold
Aug 21, 2008 Sold
Premium
Sold
Jun 6, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • 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: 6,604
  • Total Building Area: 1,470
  • Gross Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • 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: 120650014
  • Parcel: SPRI S:12065 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.0904
  • Longitude: -72.546

    Address

  • Full Address: 60 Wayne St
  • Address - House Number: 60
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C049
  • 4-Digit Zip Code: 2036
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 303,985
  • High Value: 367,857
  • Low Value: 240,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,700
  • Assessed Land Value: $28,400
  • Assessed Improvements Value: $220,300

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60481
  • Previous Sale Recording Date: Feb 16, 2022
  • Previous Sale Contract Date: Feb 15, 2022
  • Previous Sale Amount: $211,000
  • Previous Sale Document Type: 34
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

1546 ft²

Average Home Age

73.3 years

Currently For Sale

22 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# 73011930

Frequently Asked Questions

When was property at 60 Wayne Street built and last sold?
The property at 60 Wayne Street was built in 1940 and last sold on Oct 7, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 60 Wayne Street is $301,639.
What are some comparable homes to 60 Wayne Street?
There are currently no comparable homes to 60 Wayne Street.
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