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Springfield 01118 East Forest Park
87 Newton Road
$180,000
● House - Off Market

87 Newton Road

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,196 Ft²
$353,083
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Nicely cared for home located in the East Forest Park section of Springfield.  This 6 room 3 bedroom split level home has one and a half bathrooms, a mud room, laundry room with front load washer and dryer to stay, and living room with recessed lighting and fireplace.  This gem also includes a one car under garage and a private, partially fenced in back yard.   Roof was resurfaced in 2010!  At this price, this one won't last!  Call for a showing today!
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$150
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71516875)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Jun 26, 2013 Sold
Premium
Sold
Apr 30, 2013 Listed by Coldwell Banker Residential Brokerage - Longmeadow $179,900
Listed by Coldwell Banker Residential Brokerage - Longmeadow
Oct 28, 2009 Sold
Premium
Sold
Sep 18, 2009 Listed by Berkshire Hathaway HomeServices Realty Professionals $183,900
Listed by Berkshire Hathaway HomeServices Realty Professionals
Split level with great floor plan. New refinished hard woods ,tile, baths,electrical, windows,doors,paint, with large private yard on one of the best streets in East Forest Park. Move right in
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,721
  • Total Building Area: 1,404
  • Gross Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000361
  • 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: 90300070
  • Parcel: SPRI S:09030 P:0070
  • Municipality: SPRINGFIELD
  • Latitude: 42.1014
  • Longitude: -72.5216

    Address

  • Full Address: 87 Newton Rd
  • Address - House Number: 87
  • Address - Street Name: Newton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Springfield
  • Carrier Code: C039
  • 4-Digit Zip Code: 1836
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $423,200

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 303,741
  • High Value: 363,988
  • Low Value: 243,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,200
  • Assessed Land Value: $42,800
  • Assessed Improvements Value: $205,400

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 70787
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: O
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# 71516875

Frequently Asked Questions

When was property at 87 Newton Road built and last sold?
The property at 87 Newton Road was built in 1956 and last sold on Jan 1, 1970 for $195,000.
How much is this home worth?
The estimated value of the home located at 87 Newton Road is $186,698.
What are some comparable homes to 87 Newton Road?
There are currently no comparable homes to 87 Newton Road.
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