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Springfield 01118 East Forest Park
84 Derryfield Ave
$265,000
● House - Off Market

84 Derryfield Ave

Springfield, MA 01118
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,046 Ft²
$260,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

*BACK ON MARKET DUE TO BUYER LOSING FINANCING* Welcome to your dream home at 84 Derryfield Ave. This charming residence offers a perfect blend of modern amenities and classic appeal, providing you with a comfortable and stylish living experience. As you step inside, you'll be greeted by a spacious living room. The first floor boasts two generously sized bedrooms and a well-equipped kitchen with hardwood floors. The second floor features two more bedrooms. The backyard is ready for the next gardener and the home comes with a bonus rain water collection unit. Schedule your showing today!
Unit Size
1,046 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$249
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1951

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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 #73140744)

Price History

Date / Event Date Event Price
Nov 30, 2023 Sold
Premium
Sold
Oct 23, 2023 In contract -
In contract
Oct 18, 2023 Relisted $169,900
Relisted
Aug 22, 2023 In contract -
In contract
Jul 26, 2023 Listed by Keller Williams, LLC- The Neilsen Team - Livian $260,000
Listed by Keller Williams, LLC- The Neilsen Team - Livian
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,046
  • Gross Building Area: 1,046
  • Building Area: 1,046
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,046
  • Heating Fuel Type: 6

    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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 38500015
  • Parcel: SPRI S:03850 P:0015
  • Municipality: SPRINGFIELD
  • Latitude: 42.1005
  • Longitude: -72.5318

    Address

  • Full Address: 84 Derryfield Ave
  • Address - House Number: 84
  • Address - Street Name: Derryfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1321
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $348,300

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 254,091
  • High Value: 276,189
  • Low Value: 231,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,300
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $161,200

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Nov 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 57042
  • Previous Sale Recording Date: Jun 05, 2017
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71
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

1531 ft²

Average Home Age

78.2 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 months ago
Data Source: MLS PIN, MLS# 73140744

Frequently Asked Questions

When was property at 84 Derryfield Avenue built and last sold?
The property at 84 Derryfield Avenue was built in 1951 and last sold on Nov 30, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 84 Derryfield Avenue is $256,848.
What are some comparable homes to 84 Derryfield Avenue?
There are currently no comparable homes to 84 Derryfield Avenue.
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