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Springfield 01118 East Forest Park
77 Clough St
$226,000
● House - Off Market

77 Clough St

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,196 Ft²
$226,890
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Bring your ideas to this charming ranch style home in East Forest Park. This home is perfect for a first time home buyer or someone looking for a small project to take on. Enjoy easy one floor living with two spacious bedrooms, one bathroom, and a heated breezeway currently being used as living space right off the eat in kitchen. The living room has a wood burning fireplace and is currently being used a formal dinning room that can be used for whatever preference you may have. If you need more space there is a finished basement and a two car attached garage! This home has natural gas heat, central ac for those hot summer days, and the seller recently installed a new hot water tank. Showings begin immediately, don't miss out on this opportunity!
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$180
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1959

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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 #73042675)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Oct 11, 2022 In contract -
In contract
Sep 29, 2022 Listed by Lock and Key Realty Inc. $215,000
Listed by Lock and Key Realty Inc.
Aug 13, 2018 No longer available -
No longer available
Jul 30, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 156
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,196
  • Gross Building Area: 1,196
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,196
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 29200026
  • Parcel: SPRI S:02920 P:0026
  • Municipality: SPRINGFIELD
  • Latitude: 42.0848
  • Longitude: -72.5313

    Address

  • Full Address: 77 Clough St
  • Address - House Number: 77
  • Address - Street Name: Clough
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2210
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $446,000

    Appraisal Valuation

  • Standard Deviation: 0.2101
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 281,124
  • High Value: 340,194
  • Low Value: 222,055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,600
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $218,500

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68912
  • Previous Sale Recording Date: Jul 30, 2018
  • Previous Sale Amount: $119,000
  • 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

$228

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1530 ft²

Average Home Age

77.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73042675

Frequently Asked Questions

When was property at 77 Clough Street built and last sold?
The property at 77 Clough Street was built in 1959 and last sold on Nov 22, 2022 for $226,000.
How much is this home worth?
The estimated value of the home located at 77 Clough Street is $214,029.
What are some comparable homes to 77 Clough Street?
There are currently no comparable homes to 77 Clough Street.
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