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Springfield 01118 East Forest Park
81 Surrey Rd
$275,000
● House - Off Market

81 Surrey Rd

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,008 Ft²
$268,072
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Here it is, the one you've been waiting for! This is a beautifully maintained Cape situated on a quiet, tree lined street with plenty of parking. Boasting gleaming granite countertops and stainless appliances, it also has a great entertaining layout for those football parties or cookouts. Best of all, the big ticket items have already been done for you-- all that's left to do is move in and enjoy your spring and summer in your new home. This one won't last long-- first showings begin at the open house Sunday 4/10 from 11-12:30.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$263
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1943

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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 #72964847)

Price History

Date / Event Date Event Price
May 31, 2022 Sold
Premium
Sold
Apr 8, 2022 Listed by 1 Worcester Homes $265,000
Listed by 1 Worcester Homes
Jan 29, 2016 Sold
Premium
Sold
Nov 23, 2015 Listed by 1 Worcester Homes $134,900
Listed by 1 Worcester Homes
Jul 15, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 100
  • 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: 5,846
  • Total Building Area: 1,008
  • Gross Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000134
  • 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: 113300121
  • Parcel: SPRI S:11330 P:0121
  • Municipality: SPRINGFIELD
  • Latitude: 42.0984
  • Longitude: -72.5476

    Address

  • Full Address: 81 Surrey Rd
  • Address - House Number: 81
  • Address - Street Name: Surrey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C023
  • 4-Digit Zip Code: 1143
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $393,700

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 295,274
  • High Value: 349,843
  • Low Value: 240,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,900
  • Assessed Land Value: $44,400
  • Assessed Improvements Value: $186,500

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 230653
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Contract Date: Jan 28, 2016
  • Previous Sale Amount: $140,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

1557 ft²

Average Home Age

75.1 years

Currently For Sale

20 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# 72964847

Frequently Asked Questions

When was property at 81 Surrey Road built and last sold?
The property at 81 Surrey Road was built in 1943 and last sold on May 27, 2022 for $275,000.
How much is this home worth?
The estimated value of the home located at 81 Surrey Road is $261,680.
What are some comparable homes to 81 Surrey Road?
There are currently no comparable homes to 81 Surrey Road.
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