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Springfield 01108 Forest Park
8 Mayfield St
$155,500
● House - Off Market

8 Mayfield St

Springfield, MA 01108
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,410 Ft²
$277,764
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

This move in ready home is a must see!  New updated kitchen maximizes space with center island adding more seating and counter space.  The home has been freshly painted to compliment the hard wood floors.  Master bedroom is on the main floor offering 1 floor living.  Large living room with fireplace keeps home cozy.  Separate dining room space is open to kitchen and living room.  On the upper level there is a private 2nd bedroom with loft sitting area.  The large corner lot is meticulously cared for and has many gardening spaces plus a private back patio area.  New windows - Yes!  This home is truly move-in ready.  Call today for a tour!
Unit Size
1,410 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$111
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1950

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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 #71805577)

Price History

Date / Event Date Event Price
Sep 24, 2021 Sold
Premium
Sold
Aug 20, 2021 Listed by William Raveis R.E. & Home Services $234,900
Listed by William Raveis R.E. & Home Services
Aug 14, 2015 Sold
Premium
Sold
Mar 24, 2015 Listed by William Raveis R.E. & Home Services $156,500
Listed by William Raveis R.E. & Home Services
Dec 21, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • 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: 8,246
  • Total Building Area: 1,410
  • Gross Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000189
  • 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: 802602

Zoning

  • Zoning: R1

Geography

  • Account Number: 84150002
  • Parcel: SPRI S:08415 P:0002
  • Municipality: SPRINGFIELD
  • Latitude: 42.0745
  • Longitude: -72.5391

    Address

  • Full Address: 8 Mayfield St
  • Address - House Number: 8
  • Address - Street Name: Mayfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3534
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $426,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2024
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 298,968
  • High Value: 359,491
  • Low Value: 238,445

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,100
  • Assessed Land Value: $40,300
  • Assessed Improvements Value: $209,800

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67632
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Amount: $155,500
  • 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:

$350,000

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2729 ft²

Average Home Age

93 years

Currently For Sale

59 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: 4 months ago
Data Source: MLS PIN, MLS# 71805577

Frequently Asked Questions

When was property at 8 Mayfield Street built and last sold?
The property at 8 Mayfield Street was built in 1950 and last sold on Sep 24, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 8 Mayfield Street is $237,672.
What are some comparable homes to 8 Mayfield Street?
There are currently no comparable homes to 8 Mayfield Street.
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