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Springfield 01108 Forest Park
86 Mayfield Street
$300,000
● House - Off Market

86 Mayfield Street

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,880 Ft²
$283,186
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Tastefully decorated three bedroom ranch in  one of the most desirable neighborhoods in Forest Park. Updated kitchen with granite counters, tile backsplash and stainless steel appliances.  Large front living room with tons of natural light and hardwood floors.  Kitchen opens to cozy family room with fireplace and slider to fantastic newer multilevel composite deck. Enjoy entertaining your friends and family in the finished walk out basement that leads to an outdoor patio.  This home even has an in ground sprinkler system and a fenced in back yard. Many update including roof, deck, hot water tank, kitchen and bath.  HIGHEST AND BEST OFFERS DUE BY 5PM on Wednesday Feb. 23rd.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$146
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1954

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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 #72942492)

Price History

Date / Event Date Event Price
Mar 22, 2022 Sold
Premium
Sold
Feb 14, 2022 Listed by ERA M Connie Laplante Real Estate $275,000
Listed by ERA M Connie Laplante Real Estate
Sep 25, 2003 Sold
Premium
Sold
Mar 25, 2003 Listed by ERA M Connie Laplante Real Estate $144,900
Listed by ERA M Connie Laplante Real Estate
Jun 29, 1995 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,602
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 802602

Zoning

  • Zoning: R1

Geography

  • Account Number: 84150014
  • Parcel: SPRI S:08415 P:0014
  • Municipality: SPRINGFIELD
  • Latitude: 42.074
  • Longitude: -72.5419

    Address

  • Full Address: 86 Mayfield St
  • Address - House Number: 86
  • Address - Street Name: Mayfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C037
  • 4-Digit Zip Code: 3536
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,600

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 315,589
  • High Value: 375,608
  • Low Value: 255,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,700
  • Assessed Land Value: $41,800
  • Assessed Improvements Value: $204,900

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17443
  • Previous Sale Recording Date: Sep 25, 2003
  • Previous Sale Amount: $147,000
  • 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 Forest Park

Stats & Trends

Median Asking:

$353,950

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2948 ft²

Average Home Age

95.1 years

Currently For Sale

56 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# 72942492

Frequently Asked Questions

When was property at 86 Mayfield Street built and last sold?
The property at 86 Mayfield Street was built in 1954 and last sold on Mar 22, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 86 Mayfield Street is $282,677.
What are some comparable homes to 86 Mayfield Street?
There are currently no comparable homes to 86 Mayfield Street.
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