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Springfield 01118 East Forest Park
9 Ridgeway Cir
$240,000
● House - Off Market

9 Ridgeway Cir

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,088 Ft²
$486,231
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Exceptional Exec. Ranch ideally situated on a lge. pvt lot in prime E. FP location. Beautifully lndscpd. grnds w/ sprinkler system comlpiments the exterior. Inside, truly a home for all seasons. Beautifully cared for & appointed with details you will appreciate. X-lge MBRw/bth, spacious gst Bdrs, lots of clst & strg spce,Cen.Air, hdwd flrs, built-in bookcases 2 firelpaces, cstm. replc windows, updated mechanics and a very large finished bsmt. that almost doubles its living space. MUST SEE !!!
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$120
Property Type
House
Property Taxes
$342
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 #71519364)

Price History

Date / Event Date Event Price
Aug 2, 2013 Sold
Premium
Sold
May 3, 2013 Listed by Sears Real Estate, Inc. $249,900
Listed by Sears Real Estate, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,922
  • Total Building Area: 1,998
  • Gross Building Area: 1,998
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000641
  • 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: 802400

Zoning

  • Zoning: R1

Geography

  • Account Number: 101900033
  • Parcel: SPRI S:10190 P:0033
  • Municipality: SPRINGFIELD
  • Latitude: 42.1043
  • Longitude: -72.537

    Address

  • Full Address: 9 Ridgeway Cir
  • Address - House Number: 9
  • Address - Street Name: Ridgeway
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 1129
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,100

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 446,798
  • High Value: 529,284
  • Low Value: 364,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,300
  • Assessed Land Value: $63,200
  • Assessed Improvements Value: $308,100

    Sales

  • Current Sale Recording Date: Aug 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 00000019
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

1540 ft²

Average Home Age

77.8 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# 71519364

Frequently Asked Questions

When was property at 9 Ridgeway Circle built and last sold?
The property at 9 Ridgeway Circle was built in 1953 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 9 Ridgeway Circle is $263,070.
What are some comparable homes to 9 Ridgeway Circle?
There are currently no comparable homes to 9 Ridgeway Circle.
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