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Springfield 01108 Forest Park
66 Park Edge Avenue
$322,500
● House - Off Market

66 Park Edge Avenue

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,026 Ft²
$380,264
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Meticulous three bedroom colonial with two car garage adjacent to Forest Park in one of Springfield's most serene settings of beautifully cared for homes. With a stunning family room addition, paneled and carpeted play room and gorgeous woodwork, 66 Park Edge Avenue enjoys wonderful vistas and natural light from many rooms, has many hardwood floors (carpeted), a bright, sun filled eat-in kitchen and exceptional millwork. Come see why this hidden jewel of a neighborhood is so special. Video attached.
Unit Size
2,026 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$160
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1927

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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 years ago (MLSPIN #72830949)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Berkshire Hathaway HomeServices Realty Professionals $325,000
Listed by Berkshire Hathaway HomeServices Realty Professionals

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • Building Count: 1
  • Total Rooms: 7
  • 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: 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: 188
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,267
  • Total Building Area: 2,012
  • Gross Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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: 95050008
  • Parcel: SPRI S:09505 P:0008
  • Municipality: SPRINGFIELD
  • Latitude: 42.0773
  • Longitude: -72.5568

    Address

  • Full Address: 66 Park Edge Ave
  • Address - House Number: 66
  • Address - Street Name: Park Edge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 2650
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $464,100

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 337,838
  • High Value: 398,631
  • Low Value: 277,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,200
  • Assessed Land Value: $37,200
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Contract Date: Jun 24, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43991
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:

$350,000

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2964 ft²

Average Home Age

95.5 years

Currently For Sale

56 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 years ago
Data Source: MLS PIN, MLS# 72830949

Frequently Asked Questions

When was property at 66 Park Edge Avenue built and last sold?
The property at 66 Park Edge Avenue was built in 1927 and last sold on Jun 24, 2021 for $322,500.
How much is this home worth?
The estimated value of the home located at 66 Park Edge Avenue is $0.
What are some comparable homes to 66 Park Edge Avenue?
There are currently no comparable homes to 66 Park Edge Avenue.
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