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Springfield 01108 Forest Park
89 Grand St
Photo of 89 Grand St
Sold on Mar 17, 2025

4

Map

Photo of 89 Grand St
Photo of 89 Grand St
$136,500
● House - Off Market

89 Grand St

Springfield, MA 01108
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,412 Ft²
$694
Est. Monthly
21.38%
Cap Rate

About This Property

This 3-bedroom, 1-bathroom Colonial offers a fantastic opportunity for those looking to put their personal touch on a home. Featuring spacious rooms, gas heat, and central air, this property combines classic charm with modern comforts. While the home needs some work, it boasts solid bones and tons of potential. The main level includes a  living room, and a cozy kitchen waiting for your updates. Upstairs, you'll find three bedrooms and a full bath. Outside, the yard provides space for gardening or entertaining. With TLC, this Colonial can be transformed into a gem. Ideal for investors or buyers ready to roll up their sleeves and make it their own! Highest and Best Monday, Monday September 30th at 5PM
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$77
Property Type
House
Property Taxes
$158
HOA Dues
-
Year Built
1905

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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 #73295207)

Price History

Date / Event Date Event Price
Mar 17, 2025 Sold
Premium
Sold
Oct 5, 2024 In contract -
In contract
Sep 26, 2024 Listed $109,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 6
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 5,436
  • Total Building Area: 1,412
  • Gross Building Area: 1,412
  • Building Area: 1,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,412
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000125
  • 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: 802300

Zoning

  • Zoning: R2

Geography

  • Account Number: 59000020
  • Parcel: SPRI S:05900 P:0020
  • Municipality: SPRINGFIELD
  • Latitude: 42.0942
  • Longitude: -72.5594

    Address

  • Full Address: 89 Grand St
  • Address - House Number: 89
  • Address - Street Name: Grand
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 1328
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $161,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 207,342
  • High Value: 246,554
  • Low Value: 168,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,500
  • Assessed Land Value: $27,700
  • Assessed Improvements Value: $66,800
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:

$349,999

Sale Price/ft²

$159

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2935 ft²

Average Home Age

94.5 years

Currently For Sale

60 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# 73295207

Frequently Asked Questions

When was property at 89 Grand Street built and last sold?
The property at 89 Grand Street was built in 1905 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 89 Grand Street is $0.
What are some comparable homes to 89 Grand Street?
There are currently no comparable homes to 89 Grand Street.
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