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Springfield 01118 East Forest Park
83 Clement Street
$154,900
● House - Off Market

83 Clement Street

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$366,895
RealtyHop Estimate
122.50%
Since Dec 1, 2003
National-US
Primary Model

About This Property

A WONDERFUL 6 RM DUTCH COLONIAL, 4 BEDRMS, 2 BATHS. VINYL SIDED, SPRINKLERS, AWNINGS, FENCED REAR YARD. RANGE, REFRIGERATOR, WASHER, DRYER, NEW DISHWASHER & DISPOSAL (APO), EARLY OCCUPANCY. A GREAT STREET.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$107
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1970

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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 years ago (MLSPIN #30726767)

Price History

Date / Event Date Event Price
Oct 31, 2003 Sold
Premium
Sold
May 28, 2003 Listed by Gary A. Lambert $164,900
Listed by Gary A. Lambert
Apr 14, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 8,764
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000201
  • 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: 28550035
  • Parcel: SPRI S:02855 P:0035
  • Municipality: SPRINGFIELD
  • Latitude: 42.0936
  • Longitude: -72.5322

    Address

  • Full Address: 83 Clement St
  • Address - House Number: 83
  • Address - Street Name: Clement
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 1511
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $382,600

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 288,164
  • High Value: 345,321
  • Low Value: 231,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,400
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $183,900

    Sales

  • Current Sale Recording Date: Oct 31, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13582
  • Previous Sale Recording Date: Apr 14, 1992
  • Previous Sale Amount: $91,200
  • Previous Sale Document Type: 27
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

1515 ft²

Average Home Age

77.6 years

Currently For Sale

26 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 years ago
Data Source: MLS PIN, MLS# 30726767

Frequently Asked Questions

When was property at 83 Clement Street built and last sold?
The property at 83 Clement Street was built in 1970 and last sold on Jan 1, 1970 for $154,900.
How much is this home worth?
The estimated value of the home located at 83 Clement Street is $0.
What are some comparable homes to 83 Clement Street?
There are currently no comparable homes to 83 Clement Street.
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