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Springfield 01118 East Forest Park
84 Gilman St
$233,000
● House - Off Market

84 Gilman St

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,108 Ft²
$248,358
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Welcome Spring! Carefree and relaxed lifestyle can be yours. Nestled in an established neighborhood at the East Longmeadow line and just minutes to the East Longmeadow shops by the Heritage Park. This charming 6 room Cape features; 3 spacious bedrooms, 1 full bath, two rooms on the main level; a master bedroom and dining room/office with sliders to the spacious 3 season sunroom.  Many upgrades include freshly painted home, new floors on both levels completed 2022.  Features; Replacement windows, low maintenance vinyl siding and a Whirlpool heating system.  A fully finished basement with 3 additional rooms; a family room, laundry room and a bonus room for additional work space or playroom for your kids. But wait...there's more, A detached one car garage for all your all the bikes, tools and toys you own!
Unit Size
1,108 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$221
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1947

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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 #72951969)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 11, 2022 Listed by RE/MAX IGNITE $245,000
Listed by RE/MAX IGNITE
Apr 7, 2017 Sold
Premium
Sold
Jan 23, 2017 Listed by RE/MAX IGNITE $119,500
Listed by RE/MAX IGNITE
Jul 27, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 5,075
  • Total Building Area: 1,036
  • Gross Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000117
  • 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: 56700018
  • Parcel: SPRI S:05670 P:0018
  • Municipality: SPRINGFIELD
  • Latitude: 42.0867
  • Longitude: -72.5343

    Address

  • Full Address: 84 Gilman St
  • Address - House Number: 84
  • Address - Street Name: Gilman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2243
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $368,100

    Appraisal Valuation

  • Standard Deviation: 0.0869
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 169,172
  • High Value: 183,885
  • Low Value: 154,459

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,900
  • Assessed Land Value: $43,200
  • Assessed Improvements Value: $172,700

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26188
  • Previous Sale Recording Date: Apr 07, 2017
  • Previous Sale Amount: $120,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72951969

Frequently Asked Questions

When was property at 84 Gilman Street built and last sold?
The property at 84 Gilman Street was built in 1947 and last sold on Apr 29, 2022 for $233,000.
How much is this home worth?
The estimated value of the home located at 84 Gilman Street is $242,473.
What are some comparable homes to 84 Gilman Street?
There are currently no comparable homes to 84 Gilman Street.
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