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Springfield 01118 East Forest Park
96 Wheeler Ave
$305,000
● House - Off Market

96 Wheeler Ave

Springfield, MA 01118
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,806 Ft²
$312,962
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

BRAND NEW ROOF BEIBG INSTALLED BEFORE END OF OCTOBER.Cozy three bedroom home with one car attached garage.  This home is located in a very popular neighborhood and features hardwood floors on the first floor and an open floor plan.  Relax in the bright, 4- season sun room or entertain you friends in the large formal dining room.  Upstairs, you will find an oversized master bedroom with walk in closet and full bath.  This well maintained home was custom designed by the owner and has been lovingly appointed and is just waiting to make it your own home.
Unit Size
1,806 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$163
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1994

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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: 5 months ago (MLSPIN #73037473)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Oct 19, 2022 In contract -
In contract
Oct 12, 2022 Relisted $295,000
Relisted
Oct 5, 2022 In contract -
In contract
Sep 21, 2022 In contract -
In contract
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,806
  • Gross Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 122050016
  • Parcel: SPRI S:12205 P:0016
  • Municipality: SPRINGFIELD
  • Latitude: 42.0927
  • Longitude: -72.5386

    Address

  • Full Address: 96 Wheeler Ave
  • Address - House Number: 96
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C016
  • 4-Digit Zip Code: 1548
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 326,246
  • High Value: 396,503
  • Low Value: 255,988

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,400
  • Assessed Land Value: $39,600
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 232680
  • Previous Sale Recording Date: Sep 16, 1994
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 43
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

$226

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1484 ft²

Average Home Age

74.3 years

Currently For Sale

23 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: 5 months ago
Data Source: MLS PIN, MLS# 73037473

Frequently Asked Questions

When was property at 96 Wheeler Avenue built and last sold?
The property at 96 Wheeler Avenue was built in 1994 and last sold on Dec 22, 2022 for $300,000.
How much is this home worth?
The estimated value of the home located at 96 Wheeler Avenue is $305,489.
What are some comparable homes to 96 Wheeler Avenue?
There are currently no comparable homes to 96 Wheeler Avenue.
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