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Springfield 01118 East Forest Park
98 Pennsylvania Ave
$136,110
● House - Off Market

98 Pennsylvania Ave

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$260,068
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Beautiful 2 bedroom colonial tastefully decorated "Pottery Barn" style. Updates everywhere include kitchen remodel in 2005 and bathroom 2011. New roof, siding, windows, vinyl fence and "stamped" patio in 2011. Heat was converted to gas and new windows installed in 2012. This house is ready to go! Just move in and relax in the private, fenced yard. All appliances to remain, including washer and dryer. Full basement ready to be finished for extra room to hang out. Nice neighborhood and close to all amenities. Don't wait - this won't last long.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$146
Property Type
House
Property Taxes
$204
HOA Dues
-
Year Built
1943

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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: 6 months ago (MLSPIN #71648374)

Price History

Date / Event Date Event Price
Aug 15, 2014 Sold
Premium
Sold
Mar 20, 2014 Listed by Century 21 Hometown Associates $140,000
Listed by Century 21 Hometown Associates
Jun 30, 2003 Sold
Premium
Sold
Mar 27, 2003 Listed by Century 21 Hometown Associates $99,900
Listed by Century 21 Hometown Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,251
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRINGFIELD
  • Land Acres: 0000000144
  • 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: 96350017
  • Parcel: SPRI S:09635 P:0017
  • Municipality: SPRINGFIELD
  • Latitude: 42.1013
  • Longitude: -72.5308

    Address

  • Full Address: 98 Pennsylvania Ave
  • Address - House Number: 98
  • Address - Street Name: Pennsylvania
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Springfield
  • Carrier Code: C047
  • 4-Digit Zip Code: 1328
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,000

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 259,886
  • High Value: 315,339
  • Low Value: 204,433

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,700
  • Assessed Land Value: $44,700
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Recording Date: Aug 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 39813
  • Previous Sale Recording Date: Jun 30, 2003
  • Previous Sale Amount: $91,900
  • 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 East Forest Park

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1435 ft²

Average Home Age

74.9 years

Currently For Sale

31 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: 6 months ago
Data Source: MLS PIN, MLS# 71648374

Frequently Asked Questions

When was property at 98 Pennsylvania Avenue built and last sold?
The property at 98 Pennsylvania Avenue was built in 1943 and last sold on Jan 1, 1970 for $136,110.
How much is this home worth?
The estimated value of the home located at 98 Pennsylvania Avenue is $144,507.
What are some comparable homes to 98 Pennsylvania Avenue?
There are currently no comparable homes to 98 Pennsylvania Avenue.
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