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Longmeadow 01106
1016 Frank Smith Rd
$395,000
● House - Off Market

1016 Frank Smith Rd

Longmeadow, MA 01106
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,442 Ft²
$658,725
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Spectacular value in this super spacious Colonial. 5 bedrooms, 3.5 bathrooms in over 3,000 sf of living area. Sunny family room addition has Palladium windows with a western exposure. Den or office has a beautiful fireplace off of eat-in kitchen. First floor master bedroom addition (2012), is fit for a king (and queen) with oversized walk in closet and spacious full bathroom, Brazilian cherry hardwood floors, and access to a deck!  Original master bedroom with full bath is on the second floor with 3 other bedrooms!  Many walk in and/or spacious closets throughout the home. Many newer systems including furnace and roof. Do a little updating and enjoy instant equity in this well located, well maintained and well loved home by same owners since 1982!
Unit Size
3,442 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$113
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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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 #72003070)

Price History

Date / Event Date Event Price
Jul 18, 2016 Sold
Premium
Sold
May 10, 2016 Listed by William Raveis R.E. & Home Services $389,400
Listed by William Raveis R.E. & Home Services
Oct 1, 1982 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,095
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,566
  • Total Building Area: 3,442
  • Gross Building Area: 7,166
  • Building Area: 3,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,442
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000564
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Longmeadow School District
  • School Tax School District: LONGMEADOW SD
  • Census Tract: 813303

Zoning

  • Zoning: RA1

Geography

  • Parcel: LONG M:0330 B:0129 L:0057
  • Block: 129
  • Lot: 57
  • Municipality: LONGMEADOW
  • Latitude: 42.0367
  • Longitude: -72.5461

    Address

  • Full Address: 1016 Frank Smith Rd
  • Address - House Number: 1016
  • Address - Street Name: Frank Smith
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Longmeadow
  • Carrier Code: C004
  • 4-Digit Zip Code: 2904
  • Zip Code: 01106

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,293,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1706
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 677,619
  • High Value: 793,247
  • Low Value: 561,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $625,500
  • Assessed Land Value: $167,300
  • Assessed Improvements Value: $458,200

    Sales

  • Current Sale Recording Date: Jul 18, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41091
  • Previous Sale Recording Date: Oct 01, 1982
  • Previous Sale Amount: $83,300
  • 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 Longmeadow

Stats & Trends

Median Asking:

$524,900

Sale Price/ft²

$256

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2904 ft²

Average Home Age

66.6 years

Currently For Sale

30 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

Unit for rent at 152 Cottage Road, Enfield, CT, 06082

$2,295 /mo

  • 2 Beds
  • 1 Bath
152 Cottage Road, Enfield, CT, 06082 Listing by Janice Labroad

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72003070

Frequently Asked Questions

When was property at 1016 Frank Smith Road built and last sold?
The property at 1016 Frank Smith Road was built in 1977 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 1016 Frank Smith Road is $393,906.
What are some comparable homes to 1016 Frank Smith Road?
There are currently no comparable homes to 1016 Frank Smith Road.
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