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Springfield 01108 Forest Park
63 Park Edge Avenue
$360,000
● House - Off Market

63 Park Edge Avenue

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,272 Ft²
$377,590
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Handsome Brick English Tudor on an avenue of gracious homes just a short stroll to all the features & benefits of the wonderful 735- acre Forest Park. This 3000+ square foot home offers a spacious first level with front to back living room, adjacent den, entertainment size dining room & oversized chef's kitchen.  Sleeping quarters on the second floor with main bedroom providing dressing room with wardrobe cabinet, full bath & abundant closets, 2 additional bedrooms, a 2nd full bath & pleasant reading area at top of staircase. Then add on the two-car garage, enclosed yard & rear porch, gas heat & hot water, all are sure to make this your "forever home"...!  Just take a look at the attached video & book your private showing.
Unit Size
3,272 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$116
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1928

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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 #73138895)

Price History

Date / Event Date Event Price
Oct 6, 2023 Sold
Premium
Sold
Sep 18, 2023 In contract -
In contract
Jul 20, 2023 Listed by Coldwell Banker Realty - Western MA $379,000
Listed by Coldwell Banker Realty - Western MA

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 240
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,398
  • Total Building Area: 3,272
  • Gross Building Area: 3,272
  • Building Area: 3,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 3,272
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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: 802101

Zoning

  • Zoning: R1

Geography

  • Account Number: 95050011
  • Parcel: SPRI S:09505 P:0011
  • Municipality: SPRINGFIELD
  • Latitude: 42.0775
  • Longitude: -72.5563

    Address

  • Full Address: 63 Park Edge Ave
  • Address - House Number: 63
  • Address - Street Name: Park Edge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2649
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $610,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 412,188
  • High Value: 495,631
  • Low Value: 328,746

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $358,300
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $321,100

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47642
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:

$352,450

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2906 ft²

Average Home Age

93.4 years

Currently For Sale

57 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73138895

Frequently Asked Questions

When was property at 63 Park Edge Avenue built and last sold?
The property at 63 Park Edge Avenue was built in 1928 and last sold on Sep 28, 2023 for $360,000.
How much is this home worth?
The estimated value of the home located at 63 Park Edge Avenue is $395,948.
What are some comparable homes to 63 Park Edge Avenue?
There are currently no comparable homes to 63 Park Edge Avenue.
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