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Springfield 01118 East Forest Park
725 Allen St
$163,000
● House - Off Market

725 Allen St

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,464 Ft²
$255,652
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Hola! This home is ready for you! New roof on this vinyl sided home. First floor offers elegant extra large living room with fireplace. Formal dining room with built in hutch. Half bath.  Nicely updated eat-in kitchen that exits to enclosed back porch for relaxing.  Upstairs offers two large bedrooms with plenty of built-ins and closets. Updated full bath. Vinyl windows and beautiful wood floors thru-out. Great fenced in yard for gatherings. Plus garage.
Unit Size
1,464 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$115
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1938

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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 #72360517)

Price History

Date / Event Date Event Price
Jun 7, 2021 Sold
Premium
Sold
Apr 12, 2021 Listed by Maria Acuna Real Estate $219,900
Listed by Maria Acuna Real Estate
Aug 31, 2018 Sold
Premium
Sold
Jul 11, 2018 Listed by Maria Acuna Real Estate $169,000
Listed by Maria Acuna Real Estate
Apr 6, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,462
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • 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: 2801138
  • Parcel: SPRI S:00280 P:1138
  • Municipality: SPRINGFIELD
  • Latitude: 42.0918
  • Longitude: -72.5378

    Address

  • Full Address: 725 Allen St
  • Address - House Number: 725
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 2051
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $407,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 295,401
  • High Value: 358,431
  • Low Value: 232,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,100
  • Assessed Land Value: $40,100
  • Assessed Improvements Value: $199,000

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jun 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38927
  • Previous Sale Recording Date: Aug 31, 2018
  • Previous Sale Amount: $163,000
  • 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 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

1523 ft²

Average Home Age

74.4 years

Currently For Sale

25 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 months ago
Data Source: MLS PIN, MLS# 72360517

Frequently Asked Questions

When was property at 725 Allen Street built and last sold?
The property at 725 Allen Street was built in 1938 and last sold on Jun 7, 2021 for $231,500.
How much is this home worth?
The estimated value of the home located at 725 Allen Street is $228,255.
What are some comparable homes to 725 Allen Street?
There are currently no comparable homes to 725 Allen Street.
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