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Springfield 01118 East Forest Park
99 Gilman Street
$130,000
● House - Off Market

99 Gilman Street

Springfield, MA 01118
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$207,103
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Well maintained East Forest Park home.  Recent updates include a new roof and a remodeled bathroom.  This charming home has 2 bedrooms, dinning room, kitchen, large living room, and 1 bath.  The full basement is partially finished on one side and heated. There is a washer and dryer hookup and a double sink on the other side.  A hatchway opens to the backyard that has a nice level flat yard,  which is partially fenced.  There is an enclosed screened porch off the kitchen in the back of the house.  Detached garage with garage opener.  Vinyl sided.  Nice location that is close to stores, restaurants and access to major highways. Contingent on sellers finding suitable housing.
Unit Size
864 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$149
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72145715)

Price History

Date / Event Date Event Price
Jun 13, 2017 Sold
Premium
Sold
Apr 13, 2017 Listed by Sears Real Estate, Inc. $129,000
Listed by Sears Real Estate, Inc.
Jul 16, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 802500

Zoning

  • Zoning: R1

Geography

  • Account Number: 56700027
  • Parcel: SPRI S:05670 P:0027
  • Municipality: SPRINGFIELD
  • Latitude: 42.0854
  • Longitude: -72.5336

    Address

  • Full Address: 99 Gilman St
  • Address - House Number: 99
  • Address - Street Name: Gilman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Springfield
  • Carrier Code: C048
  • 4-Digit Zip Code: 2244
  • Zip Code: 01118

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $273,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 222,871
  • High Value: 270,425
  • Low Value: 175,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,100
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $117,000

    Sales

  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32540
  • Previous Sale Recording Date: Jul 16, 1991
  • Previous Sale Amount: $95,000
  • 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

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1515 ft²

Average Home Age

77.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72145715

Frequently Asked Questions

When was property at 99 Gilman Street built and last sold?
The property at 99 Gilman Street was built in 1955 and last sold on Jan 1, 1970 for $130,000.
How much is this home worth?
The estimated value of the home located at 99 Gilman Street is $131,770.
What are some comparable homes to 99 Gilman Street?
There are currently no comparable homes to 99 Gilman Street.
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