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Springfield 01118 East Forest Park
71 Chesterfield Avenue
$175,000
● House - Off Market

71 Chesterfield Avenue

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,383 Ft²
$279,099
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

It's an East Forest Park Classic...!  Mid-century Cape style radiates charm & value.  Many natural wood floors, contemporary color palette, first floor bedroom and private rear porch will all impress you.  Master bedroom was originally 2 smaller bedroom recently combined and now offers good space with 2 closets and delightful window seat with storage within. Second floor loft space adds nice area for playroom or office or your choice. Good under eave storage closet, too. Very large rear yard.  Great for play space, gardening, croquet ..!
Unit Size
1,383 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$133
Property Type
House
Property Taxes
$231
HOA Dues
-
Year Built
1952

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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 #72350116)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
Jun 21, 2018 Listed by Coldwell Banker Residential Brokerage - Longmeadow $184,500
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Jun 12, 2009 Sold
Premium
Sold
Apr 1, 2009 Listed by Coldwell Banker Residential Brokerage - Longmeadow $142,324
Listed by Coldwell Banker Residential Brokerage - Longmeadow

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,405
  • Total Building Area: 1,383
  • Gross Building Area: 1,383
  • Building Area: 1,383
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,383
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • 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: 27400028
  • Parcel: SPRI S:02740 P:0028
  • Municipality: SPRINGFIELD
  • Latitude: 42.1011
  • Longitude: -72.529

    Address

  • Full Address: 71 Chesterfield Ave
  • Address - House Number: 71
  • Address - Street Name: Chesterfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1315
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $350,400

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 274,960
  • High Value: 329,498
  • Low Value: 220,422

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,500
  • Assessed Land Value: $45,800
  • Assessed Improvements Value: $159,700

    Sales

  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50630
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Amount: $138,000
  • 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

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1490 ft²

Average Home Age

75.3 years

Currently For Sale

24 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: 5 months ago
Data Source: MLS PIN, MLS# 72350116

Frequently Asked Questions

When was property at 71 Chesterfield Avenue built and last sold?
The property at 71 Chesterfield Avenue was built in 1952 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 71 Chesterfield Avenue is $192,176.
What are some comparable homes to 71 Chesterfield Avenue?
There are currently no comparable homes to 71 Chesterfield Avenue.
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