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Springfield 01118 East Forest Park
72 Colorado St
$154,900
● House - Off Market

72 Colorado St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,066 Ft²
$248,684
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Run don't walk to see this ranch in fantastic location near East Longmeadow line, it will not last!  This one owner home has been lovingly cared for. Sunlight streams through the bay windowed living room with wood fireplace.  Off of the eat-in kitchen is a family room/dining room overlooking the gardens in the back yard.  Three spacious bedrooms all with hardwood floors, master has spacious closet too.  This home features central air conditioning, central vac, security system, gas heat, gas hot water, stove and dryer. The kitchen appliances remain.  Super clean, one level living, convenient to amenities.  A must see.
Unit Size
1,066 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$145
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1970

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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: 5 months ago (MLSPIN #72134159)

Price History

Date / Event Date Event Price
Jun 12, 2017 Sold
Premium
Sold
Mar 22, 2017 Listed by Landmark, REALTORS® $154,900
Listed by Landmark, REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 6,900
  • Total Building Area: 1,066
  • Gross Building Area: 1,066
  • Building Area: 1,066
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 30600019
  • Parcel: SPRI S:03060 P:0019
  • Municipality: SPRINGFIELD
  • Latitude: 42.0833
  • Longitude: -72.5257

    Address

  • Full Address: 72 Colorado St
  • Address - House Number: 72
  • Address - Street Name: Colorado
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 2312
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $383,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2049
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 280,370
  • High Value: 337,842
  • Low Value: 222,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,000
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $180,100

    Sales

  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32482
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

51

Average Home Size

1555 ft²

Average Home Age

76 years

Currently For Sale

21 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# 72134159

Frequently Asked Questions

When was property at 72 Colorado Street built and last sold?
The property at 72 Colorado Street was built in 1970 and last sold on Jan 1, 1970 for $154,900.
How much is this home worth?
The estimated value of the home located at 72 Colorado Street is $161,085.
What are some comparable homes to 72 Colorado Street?
There are currently no comparable homes to 72 Colorado Street.
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