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Springfield 01118 East Forest Park
83 Burnside Ter
$215,000
● House - Off Market

83 Burnside Ter

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,327 Ft²
$234,053
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

SORRY, OPEN HOUSE HAS BEEN CANCELLED.......A gem of a house brings a lot of important updates including newer gas furnace and central air, replacement windows, insulation by Mass Save and gas water heater. This one owner home with charming style is surrounded by gardens and ready for you to bring the sparkle back. Wonderful bones and comfortable layout give you a great start. Three season porch has screens and glass inserts, kitchen has wainscoting and eating area. The third bedroom is set up and was used as a lovely dining room, but can go back to bedroom with a change of furniture. Upstairs is large 3rd bedroom and half bath with one side of second floor unfinished for storage, but easy to finish because it is already heated. This is a treasure...make it yours.
Unit Size
1,327 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$158
Property Type
House
Property Taxes
$220
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: 5 years ago (MLSPIN #72905857)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Oct 7, 2021 Listed by ROVI Homes $209,900
Listed by ROVI Homes

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 5,545
  • Total Building Area: 922
  • Gross Building Area: 922
  • Building Area: 922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000127
  • 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: 21200020
  • Parcel: SPRI S:02120 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.0882
  • Longitude: -72.5345

    Address

  • Full Address: 83 Burnside Ter
  • Address - House Number: 83
  • Address - Street Name: Burnside
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2121
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $327,700

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 247,215
  • High Value: 299,964
  • Low Value: 194,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,200
  • Assessed Land Value: $43,900
  • Assessed Improvements Value: $148,300

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 228502
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

52

Average Home Size

1535 ft²

Average Home Age

77.4 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72905857

Frequently Asked Questions

When was property at 83 Burnside Terrace built and last sold?
The property at 83 Burnside Terrace was built in 1950 and last sold on Nov 19, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 83 Burnside Terrace is $0.
What are some comparable homes to 83 Burnside Terrace?
There are currently no comparable homes to 83 Burnside Terrace.
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