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Springfield 01108 Forest Park
71 Dorset
$248,000
● House - Off Market

71 Dorset

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,174 Ft²
$238,119
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Picture Perfect !  This is a show stopper for sure.  Rennovated with brand new kitchen & baths, ceramic flooring, new vinyl sidiinng, furnace, hot water heater & electric.  Lots of charm & character with arched door way, cozy brick wood burning fireplace, bonus room/sun porch off living room would be a great office, play room or gym.  1 car garage, pagoda and fire-pit in fully fenced yard for warm weather entertaining.  Super convenient location too.  Pack your bags with happiness & laughter and literally move right into this gem.  Showings begin Open House Sat 2/19, 12:00 - 2:00   All offers by 2/23 @ 6:00 pm.
Unit Size
1,174 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$200
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
1924

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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 #72943744)

Price History

Date / Event Date Event Price
Apr 14, 2022 Sold
Premium
Sold
Feb 17, 2022 Listed by RE/MAX Compass $234,900
Listed by RE/MAX Compass
Mar 23, 2018 Sold
Premium
Sold
Jan 29, 2018 Listed by RE/MAX Compass $154,900
Listed by RE/MAX Compass
Jun 20, 2013 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 5,001
  • Total Building Area: 1,281
  • Gross Building Area: 1,281
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 802601

Zoning

  • Zoning: R1

Geography

  • Account Number: 40100106
  • Parcel: SPRI S:04010 P:0106
  • Municipality: SPRINGFIELD
  • Latitude: 42.0873
  • Longitude: -72.5427

    Address

  • Full Address: 71 Dorset St
  • Address - House Number: 71
  • Address - Street Name: Dorset
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C006
  • 4-Digit Zip Code: 2817
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $360,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 68
  • Final Value: 272,202
  • High Value: 334,005
  • Low Value: 210,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $211,700
  • Assessed Land Value: $35,100
  • Assessed Improvements Value: $176,600

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22824
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: O
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:

$349,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2780 ft²

Average Home Age

93.2 years

Currently For Sale

58 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# 72943744

Frequently Asked Questions

When was property at 71 Dorset Street built and last sold?
The property at 71 Dorset Street was built in 1924 and last sold on Apr 14, 2022 for $248,000.
How much is this home worth?
The estimated value of the home located at 71 Dorset Street is $234,999.
What are some comparable homes to 71 Dorset Street?
There are currently no comparable homes to 71 Dorset Street.
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