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Springfield 01108 Forest Park
90 Garfield St
$104,000
● House - Off Market

90 Garfield St

Springfield, MA 01108
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,611 Ft²
$224,056
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

Attention smart buyers and bargain hunters!  This is a well cared for victorian home with many updates.  This is not a money pit!  Newer roof, some newer windows and a high efficiency gas furnace and just a couple of the major updates.  Some knob and tube wiring in the basement may disqualify for FHA purchase. At this price there is a huge upside after some upgrades are made. Walking distance to the jewel of the city, Forest Park.  This is a short sale and needs approval however the bank is local and it would be worth the wait.
Unit Size
2,611 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$46
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1912

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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 #71735397)

Price History

Date / Event Date Event Price
Dec 15, 2014 Sold
Premium
Sold
Aug 28, 2014 Listed by Universal Real Estate Services, Inc. $119,900
Listed by Universal Real Estate Services, Inc.
Aug 29, 1997 Sold
Premium
Sold
Jun 7, 1997 Listed by Universal Real Estate Services, Inc. $94,900
Listed by Universal Real Estate Services, Inc.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 6,599
  • Total Building Area: 2,438
  • Gross Building Area: 2,438
  • Building Area: 2,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • 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: 802101

Zoning

  • Zoning: R2

Geography

  • Account Number: 55200013
  • Parcel: SPRI S:05520 P:0013
  • Municipality: SPRINGFIELD
  • Latitude: 42.0866
  • Longitude: -72.5662

    Address

  • Full Address: 90 Garfield St
  • Address - House Number: 90
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C004
  • 4-Digit Zip Code: 2036
  • Zip Code: 01108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $400,800

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 296,084
  • High Value: 360,664
  • Low Value: 231,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,100
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $199,000

    Sales

  • Current Sale Recording Date: Dec 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63274
  • Previous Sale Recording Date: Aug 29, 1997
  • Previous Sale Amount: $94,900
  • 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:

$350,000

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

62

Average Home Size

2729 ft²

Average Home Age

93 years

Currently For Sale

59 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# 71735397

Frequently Asked Questions

When was property at 90 Garfield Street built and last sold?
The property at 90 Garfield Street was built in 1912 and last sold on Jan 1, 1970 for $104,000.
How much is this home worth?
The estimated value of the home located at 90 Garfield Street is $119,838.
What are some comparable homes to 90 Garfield Street?
There are currently no comparable homes to 90 Garfield Street.
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