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Springfield 01118 East Forest Park
63 Loretta St
$114,000
● House - Off Market

63 Loretta St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
996 Ft²
$238,502
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model

About This Property

Warm and inviting ranch offers two bathrooms including one that is completely remodeled. This home has a new roof, new water heater & newly replaced windows. Remodeled master suite has walk-in closet, wood floors and a private bath. Hardwood floors throughout. Good closet space. Nice size fenced yard with storage shed. Basement can be finished for additional space.
Unit Size
996 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$116
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71441960)

Price History

Date / Event Date Event Price
Mar 29, 2013 Sold
Premium
Sold
Sep 30, 2012 Listed by Coldwell Banker Residential Brokerage - Longmeadow $115,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Sep 30, 2004 Sold
Premium
Sold
Jul 8, 2004 Listed by Coldwell Banker Residential Brokerage - Longmeadow $126,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 7,501
  • Total Building Area: 996
  • Gross Building Area: 996
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 79300047
  • Parcel: SPRI S:07930 P:0047
  • Municipality: SPRINGFIELD
  • Latitude: 42.099
  • Longitude: -72.5482

    Address

  • Full Address: 63 Loretta St
  • Address - House Number: 63
  • Address - Street Name: Loretta
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C035
  • 4-Digit Zip Code: 1046
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $273,100

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 255,174
  • High Value: 309,621
  • Low Value: 200,727

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,200
  • Assessed Land Value: $45,100
  • Assessed Improvements Value: $115,100

    Sales

  • Current Sale Recording Date: Mar 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Sep 30, 2004
  • Previous Sale Amount: $122,000
  • 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 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

1531 ft²

Average Home Age

78.2 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71441960

Frequently Asked Questions

When was property at 63 Loretta Street built and last sold?
The property at 63 Loretta Street was built in 1955 and last sold on Jan 1, 1970 for $144,000.
How much is this home worth?
The estimated value of the home located at 63 Loretta Street is $124,098.
What are some comparable homes to 63 Loretta Street?
There are currently no comparable homes to 63 Loretta Street.
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