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Springfield 01118 East Forest Park
85 Powell Ave.
$164,900
● House - Off Market

85 Powell Ave.

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,073 Ft²
$258,367
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

SIMPLY CHARMING! Sun-filled Cape beautifully updated! Freshly painted in a Pottery Barn palette with hardwood floors throughout. You'll love the kitchen which offers loads of cabinets and counter space for easy prep for those gourmet dinners! A breakfast bar opens to a spacious dining area with a sweet bay window overlooking the landscaped grounds.  A newly finished second floor offers a 3rd bedroom and a potential 4th bedroom. Central Air on the first floor which could easily be added to the second floor. Garage is a plus! Close to shops and transportation. Hardwood floors, Replacement windows, In-ground sprinklers, Security system. Roof and chimney 2005. Boiler currently uses oil, but can convert to use a gas burner.
Unit Size
1,073 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$149
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1953

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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 #72129286)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Mar 9, 2017 Listed by Keller Williams Realty $159,900
Listed by Keller Williams Realty
May 14, 2007 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 5,001
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,320
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 98800066
  • Parcel: SPRI S:09880 P:0066
  • Municipality: SPRINGFIELD
  • Latitude: 42.0886
  • Longitude: -72.5322

    Address

  • Full Address: 85 Powell Ave
  • Address - House Number: 85
  • Address - Street Name: Powell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2165
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,600

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 273,367
  • High Value: 331,696
  • Low Value: 215,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,900
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $160,800

    Sales

  • Current Sale Recording Date: May 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 29092
  • Previous Sale Recording Date: May 14, 2007
  • Previous Sale Amount: $150,000
  • 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

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

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72129286

Frequently Asked Questions

When was property at 85 Powell Avenue built and last sold?
The property at 85 Powell Avenue was built in 1953 and last sold on Jan 1, 1970 for $164,900.
How much is this home worth?
The estimated value of the home located at 85 Powell Avenue is $166,429.
What are some comparable homes to 85 Powell Avenue?
There are currently no comparable homes to 85 Powell Avenue.
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